Portfolio
RL CORE
Traditionally, industrial control systems have been constrained by fixed control parameters established at their inception, leading to excessive energy usage, high maintenance costs, and suboptimal operational performance. RL Core revolutionizes this approach by leveraging a data-driven AI approach called reinforcement learning to allow for control settings to be dynamically and continuously refined in real-time. The result is massive cost and energy savings for control system operators, small and large, with applications in water treatment, irrigation, and beyond.
NANOSTICS
Nanostics is working to provide a diagnostic test for prostate cancer that is non-invasive and provides early detection. The Innovation Fund invested and is supporting further fundraise with investors in the USA and Canada, with introductions to NHS and top oncologists in the UK. The Founder John Lewis is Professor at University of Alberta, Bird Dogs Chair of Translational Oncology and serial international entrepreneur.
PULSE MEDICA
Pulse Medica has the goal of improving the quality of life for millions of people by building revolutionary technology to image and treat vitreoretinal disease. The Innovation Fund invested and is assisting with introductions to customers and other investors. Notable board members include VMS Threshold Impact founder and investor Ray Muzyka and Chen Fong, a global health thought leader based in Alberta. This investment is in partnership with UCeed (University of Calgary fund).
ARETO LABS
Areto Labs is a technology company specializing in creating tools to enhance online community engagement and reduce toxicity in digital spaces. Their primary focus is on developing AI-driven software that monitors and moderates online interactions to foster a healthier and more inclusive online environment. The core of Areto Labs' innovation lies in their advanced AI-driven technology for real-time monitoring and moderation of online interactions.
WYVERN
Wyvern is a space data company, reinventing the satellite to enable a sustainable future. Their hyperspectral data reveals the hidden reality of planet Earth that will power breakthroughs across industries and applications, from climate change to agriculture, forestry, mining, energy, and defence. Wyvern is based in Edmonton, Alberta, Canada and proudly building on a long tradition of Canadian aerospace engineering and innovation.
Open Cycle
OpenCycle provides an Emissions Compliance Management Platform designed to help corporations and governments manage regulatory compliance across the entire lifecycle of a site. Their AI technologies assist with auditing, management and compliance with regulations across sites, facilities and operations of different companies. Artificial Intelligence sits at the core of OpenCycle's technologies, as their intelligence model integrates machine learning and expert-backed algorithms to analyze live data, scan visual data, and provide insights into company operations.
BY DR. MOM
By Dr. Mom utilizes U of A Technology to extract higher concentrations of beta-glucan to create a highly effective treatment specialized for eczema and severe skin conditions. Their products can now be found in stores across Canada, including partnerships with groups such as West Coast Kids and London Drugs. Access to wide user data and their online community allows by Dr. Mom to leverage AI and further develop global solutions.
Future Fields
Future Fields is a biotechnology company based in Edmonton, Alberta, specializing in the sustainable production of recombinant proteins using genetically engineered fruit flies. Their proprietary EntoEngine™ platform enables efficient, cost-effective, and environmentally friendly biomanufacturing for applications in cultured meat, pharmaceuticals, and scientific research. The core of Future Fields' innovation lies in using fruit flies as living bioreactors, offering a scalable and ethical alternative to traditional protein production methods.
2S Water
2S Water is a deep‑tech cleantech company focused on real‑time detection and quantification of dissolved metals in water using its variety of sensors, including the AquaValid, LiValid and BrineValid. Their fully automated sensor platform delivers accurate, real‑time metals data, offering immediate insights that help industrial and municipal operators optimize processes, comply with environmental regulations, and reduce costs. The core of their innovation lies in replacing slow lab testing with in‑stream measurement using multielement sensing technology, enabling better decision-making, reduced downtime, and increased water reuse efficiency.
Cellar Insights
Cellar Insights is an AgTech company that helps potato growers monitor crop conditions during storage to prevent spoilage and loss. Its platform combines sensors and AI analytics to detect early signs of rot by tracking gases, temperature, humidity, and other environmental factors in storage facilities. By providing alerts and data insights, the system enables growers and processors to optimize storage decisions, protect crop quality, and reduce post-harvest losses.
Uva Cellars
Uva Cellars is a technology company that designs smart wine cellar systems combining custom racking, sensors, and connected lighting. Its hardware integrates with the Smart Sommelier™ app, which tracks wine collections, identifies bottle locations, and provides AI-driven recommendations and pairing insights. The platform helps collectors, homes, and hospitality venues manage and display wine collections through an interactive, digitally connected cellar experience.
Northernmost
Northernmost Medical Devices is a Canadian medical-device company developing technologies to improve how donor kidneys are preserved and transported for transplantation. Its flagship product, the NoMo™ Kidney Pump, is a compact perfusion machine that circulates preservation fluid through donor kidneys during transport, helping maintain organ health and viability. By replacing traditional ice-cooler storage with active perfusion, the company aims to increase the number of usable donor organs and improve transplant outcomes.