Posts Tagged: early-stage seed funding

LegWorks developing better, more affordable prosthetic knees for developing world

TORONTO (May 27, 2015)  – LegWorks Inc., backed with a $2 million blend of private and Government of Canada investments catalyzed by Grand Challenges Canada, is a new Toronto-based company that will contribute to a better life for amputees in developing countries. The LegWorks AT-knee was covered in the Toronto Star on June 1, 2015 in "Great advances being made in assistive technology" by Kate Allen and in Healio Orthotics & Prosthetics News on June 2. The LegWorks “All-Terrain Knee” (AT-Knee) is a ... Read more

University of Toronto’s entrepreneurship programs to share over $3 million from province’s Campus-Linked Accelerator Program

UTEST among the four U of T entrepreneurship programs to be funded through Ontario's CLA program The University of Toronto will receive $3,056,000 in funding over two years from the Ontario government to increase its training and support for student entrepreneurship. The funding is part of the Campus-Linked Accelerator Program (CLA), announced today by Reza Moridi, Ontario’s Minister of Research and Innovation, and Minister of Training, Colleges and Universities. “Fostering the entrepreneurial spirit among students is a key component of Ontario’s Youth Jobs Strategy, ... Read more

Robert Bosch Venture Capital leads $3.75 million Series A round for Flybits

Toronto start-up to advance context-aware mobile experience platform TORONTO, Canada (August 20, 2014) — Flybits Inc., a Toronto start-up that has created a context-aware experience development platform for mobile environments, has closed a $3.75 million Series A financing. Led by Robert Bosch Venture Capital GmbH (RBVC) and Trellis Capital Corporation with participation from MaRS Investment Accelerator Fund and Ryerson Futures, Inc., the investment will advance the company’s product development and international growth in the United States and Europe. This announcement was covered in ... Read more

Dr. Rafi Hofstein in Biotechnology Focus: What will it take to regain Canada’s biotechnology leadership?

Biotechnology Focus, a compendium of the Canadian life sciences industry, has published a guest column by MaRS Innovation President & CEO, Dr. Raphael Hofstein. The article explores the role life sciences assets, financing and talented management--the three Ms--must play in revitalizing Canada's biotechnology sector: At the close of the 20th century, Canada was perceived as a key contributor to the success of the global biotech voyage. You know what happened next: the mechanisms to fund early ventures collapsed together with the collapse of the ... Read more

UTEST co-founder Lyssa Neel on start-up success

The University of Toronto Early-Stage Technology (UTEST) program's second cohort is coming to a close, with applications for a third cohort open until April 17. The incubator program, a University of Toronto and MaRS Innovation joint partnership, helps affiliates of the university develop and commercialize their ideas. Successful applicants receive twelve months of mentoring to incubate their technology into a product, with access to immediate follow-on investment of up to $500,000 through MaRS Innovation. Access to provincial and federal funding resources is also available, ... Read more

Whirlscape exits beta, launches version 2.0 of the Minuum keyboard

Whirlscape Inc., a graduate of the University of Toronto Early-Stage Technology (UTEST) program's cohort graduate, exits beta with the version 2.0 release of Minuum, their hit "small keyboard for big fingers." Whirlscape Inc. graduated from the University of Toronto Early-Stage Technology (UTEST) program's first cohort. UTEST is accepting applications for its third cohort until April 17. Click here to apply.  Version 2.0's release is already a popular download for Android Apps in the Google Play store. Users can get a 30-day free trial of Minuum and ... Read more

Whirlscape’s Minuum keyboard makes SmartTV typing easy

University of Toronto Early-Stage Technology (UTEST) graduate Whirlscape Inc. released a video on February 25, 2014 showing how their Minuum keyboard can make typing on Smart TVs and consoles easy. UTEST is currently accepting applications for its third cohort. Apply now. Minuum, the "little keyboard for big fingers" is making waves in wearable technology with their disambiguation algorithm and advanced language modelling, which can be used on Android devices and smart watches. Read Darrell Etherington's article about Minuum on Smart TVs and consoles in ... Read more

UTEST accepting applications for third cohort of University of Toronto entrepreneurs

MaRS Innovation-U of T accelerator program among Canada’s best The University of Toronto Early-Stage Technology accelerator program (UTEST) is now accepting applications for a third cohort until April 17, 2014. Applicants must be current students or faculty at U of T, or have graduated within the last two years. UTEST has just launched a new website with complete application information about the early-stage incubator and a link to the application form: The 12-month program allows selected U of T affiliates to access office space, mentoring and ... Read more

WaveCheck co-directers talk crowdfunding commercialization research on CBC’s “The World This Weekend”

MaRS Innovation staff and WaveCheck Campaign Co-directors Dr. Fazila Seker and Elizabeth Monier-Williams spoke with the CBC's Colleen Ross about the process of crowdfunding WaveCheck's partner-based clinical studies on "The World This Weekend." The radio segment, called "Crowdfunding Science," aired on January 25, 2014 and discussed the lack of funding researchers have access to for commercialization, making it harder to advance research that could be helping people in a variety of industries. To listen to the full interview, click here. WaveCheck's crowdfunding campaign is an example of ... Read more

Xagenic founder Shana Kelley’s MRI blog post on bringing research to market

U of T professor shares tips to her team's commercialization success When it comes to bringing research from the lab to the market, the University of Toronto’s Dr. Shana Kelley knows firsthand what it takes. She’s co-founder of Xagenic, a MaRS Innovation and U of T start-up company that’s developed the first lab-free molecular diagnostic platform with a 20-minute time-to-result based on her research with fellow U of T colleague Professor Edward Sargent. Xagenic recently announced a Series B financing announcement following their successful $10 million ... Read more
Page 2 of 512345