Innovate Calgary makes investment decisions with the Investment Advisory Groups following a robust vetting process and thorough third-party validation. UCeed uses a milestone investment model to focus investees on key technical or business models that will help them engage with the private sector.
In addition to capital, UCeed provides commercialization expertise, mentorship and networking, and education and programming to make companies investor-ready. In order to build a sustainable innovation ecosystem, UCeed re-invests any returns back into the fund of origin to create an 鈥渆vergreen鈥 funding model.
Portfolio of investments
3E Nano
3E Nano is reducing energy consumption and making buildings more energy efficient through its nano-thin window coatings.
Cadence
Cadence is helping families, funeral homes and estate professionals navigate the complex process of estate settlement through its online platform.
Cohesic Solutions
Cohesic Solutions provides decision intelligence to physicians and healthcare executives that harnesses cutting-edge data science to inform care, reduce uncertainty, improve communication, increase efficiency and accelerate research.
Innovere
Innovere Medical has developed the world鈥檚 first wireless TV that operates inside an MRI scanner. With this innovation, Innovere hopes to improve patient comfort during MRI exams, which cause anxiety in one out of three patients.
KnowHow
KnowHow, with its mobile and AI-enhanced platform, offers companies in trades services industries an efficient way of capturing internal expertise, which simplifies onboarding, training and problem-solving on the job site.
MACH32
MACH32 brings together expertise in engineering and health sciences to create innovative medical devices that protect lives.
RetinaLogik
RetinaLogik, by loading customized software onto virtual reality headsets, uses artificial intelligence to make vision healthcare more portable, accessible, and affordable 鈥 starting with eye exams.
AazeinTx
AazeinTx is commercializing a novel, fast-acting, orally delivered compound for the treatment of acute and chronic asthma.
All Skin
All Skin is improving access to dermatology-backed skincare information through its mobile app and B2B services, making it easier for people with skin conditions, skincare enthusiasts and general consumers to find the right products and routines suited to their own skin.
Child Health Imprints
Child Health Imprints is giving preterm babies a better chance at life with data-monitoring technology that supports clinicians.
Fluid Biomed
Fluid Biomed is revolutionizing the approach to vascular disease by creating the first bioabsorbable brain stent to treat aneurysms.
Medhesion
Medhesion is developing a solution for post-surgery abdominal adhesions, a potentially life-threatening complication that affects hundreds of thousands of patients each year.
Nimble Science
Nimble Science is developing an ingestible medical device capsule that samples small intestine contents for microbiome diagnostic applications obviating the need for invasive endoscopy procedures.
Noa Therapeutics
Noa Therapeutics is developing multimodal therapeutics to address the complexity of immune diseases, innovation that will help break the cycle of trial-and-error treatment failures.
Probius
Probius, a front-runner in the techbio industry, is developing software that will improve predictive insight into disease and increase the pace of biomedical research.
Sequence2Script
Sequence2Script is a SaaS tool to help healthcare providers and clinical laboratories translate pharmacogenetic test results into clinically useful recommendations.
厂惭枚尝罢础笔
厂惭枚尝罢础笔 is a revolutionary infant spinal tap positioning solution that can improve first attempt success rates in spinal tap procedures.
Trexo Robotics
Trexo Robotics has developed a sophisticated wearable robotic device to provide physiotherapy for children with walking impairments. The device monitors a child鈥檚 ability to move their legs with artificial intelligence algorithms and provides a level of assistance that maximizes therapeutic benefit.
Xploro Inc.
Xploro Inc. uses artificial intelligence to ease procedural anxiety and reduce stress in children with cancer.
Zymedyne
Zymedyne is developing therapeutics for the treatment of chronic pain that targets a recently discovered biological process that is abnormally activated in chronic pain conditions, offering an alternative to opioids.
All Skin
All Skin is improving access to dermatology-backed skincare information through its mobile app and B2B services, making it easier for people with skin conditions, skincare enthusiasts and general consumers to find the right products and routines suited to their own skin.
AgGene
AgGene is an agriculture biotechnology company that has developed proprietary technology to enhance the protein content in plant tissues through advanced genomics and molecular plant breeding techniques.
Circle Neurovascular Imaging
Circle Neurovascular Imaging is on a mission to improve the outcomes of stroke patients through its clinically validated StrokeSENSTM technology. Using AI-assisted advanced technology, it can identify the right treatments for patients more quickly than traditional methods.
Deep Surface AI
Deep Surface AI is developing cosmetic surgery software that uses artificial intelligence and high-resolution models of human facial shape variation to provide fast and accurate cosmetic surgery planning.
Difinity Solutions
Difinity Solutions 鈥 through it flagship device, NeedSwitch 鈥 is advancing disruptive technologies to deliver lifesaving medications in emergency situations.
鈥嬧嬧嬧嬧嬧嬧婩luid Biomed
Fluid Biomed is developing a bioabsorbable flow diversion stent to treat brain aneurysms that offer improved safety and post-surgical brain imaging over conventional metallic stents.
HelpWear
HelpWear is developing a non-invasive, wearable, heart-monitoring system to record and diagnose heart rhythm disorders that offers substantial ease-of-use and longer patient recording time over conventional medical devices.
ILLUCIDx
ILLUCIDx founders are developing a point-of-care diagnostic device that is simple, fast to use, accessible by more people in more places and able to produce results in minutes.
InventoRR MD
InventoRR MD is commercializing groundbreaking trauma and surgery devices, like the AbClo, to create better outcomes for patients, reduce surgery times and lower healthcare costs.
MACH32
MACH32 brings together expertise in engineering and health sciences to create innovative medical devices that protect lives.
Medhesion
Medhesion is developing a solution for post-surgery abdominal adhesions, a potentially life-threatening complication that affects hundreds of thousands of patients each year.
Nimble Science
Nimble Science is developing an ingestible, medical-device capsule that samples small intestine contents for microbiome diagnostic applications, obviating the need for invasive endoscopy procedures.
Noa Therapeutics
Noa Therapeutics is developing multimodal therapeutics to address the complexity of immune diseases, innovation that will help break the cycle of trial-and-error treatment failures
Oncoustics
Oncoustics is accelerating the detection and surveillance of disease through its AI-powered technology that measures the sound in ultrasound.
Probius
Probius, a front-runner in the techbio industry, is developing software that will improve predictive insight into disease and increase the pace of biomedical research.
PulseMedica
PulseMedica is developing a medical device to treat retinal eye diseases that affect more than 400 million people worldwide. Its state-of-the-art technology will improve patient outcomes and quality of life.
PurposeMed
PurposeMed has developed a digital platform, Freddie, to provide quick, discrete and expert telemedicine services to prescribe and deliver HIV pre-exposure prophylaxis (PrEP) drugs to vulnerable populations, reducing the incidence of HIV infection and healthcare costs.
Qualisure Diagnostics
Qualisure is developing a precision diagnostic test to guide the treatment of thyroid cancer, improving patient outcomes by reducing unnecessary surgical procedures and chemotherapy treatments and saving healthcare costs.
Reach Orthopaedics
Reach Orthopaedics is developing a shoulder implant to treat patients suffering from massive, irreparable rotator cuff tears. Its design can increase mobility and function while eliminating chronic pain.
Sequence2Script
Sequence2Script is a SaaS tool to help healthcare providers and clinical laboratories translate pharmacogenetic test results into clinically useful recommendations.
Syantra DX
Syantra Diagnostics is developing a blood-based diagnostic test to detect breast cancer.
Tactile Orthopaedics
Tactile Orthopaedics manufactures anatomically accurate human joint models that incorporate artificial bone, cartilage and tendon components that have material properties that mimic that of living human tissue for arthroscopic surgical training, providing a cost-effective alternative to human cadaveric samples.
True Angle
True Angle 鈥 a medical technology company focusing on disorders that affect an aging market 鈥 has developed unique at-home solutions, allowing people to get better and more convenient care.
ViTAA Medical Solutions
ViTAA Medical Solutions is using AI and diagnostic imaging to help doctors assess aortic aneurysms more accurately and ensure that patients receive the lifesaving care they need.
XN Health
XN Health is a developing a therapeutic device to prevent and combat the progression of ventilator induced lung injury in mechanically ventilated patients.
Xploro
Xploro Inc. uses artificial intelligence to ease procedural anxiety and reduce stress in children with cancer.
Zymedyne
Zymedyne is developing therapeutics for the treatment of chronic pain that targets a recently discovered biological process that is abnormally activated in chronic pain conditions, offering an alternative to opioids.
Alto*
Alto is a comprehensive platform that helps families find trusted, rigourously vetted caregivers, making it easier and safer for seniors and individuals with disabilities to receive quality home care.
Areto Labs
Areto Labs is making digital spaces safer by protecting companies and their employees from online abuse through its cybersecurity software.
Brave
Chroma Property Technologies*
Chroma Property Technologies has created a renter-centric technology that helps those involved in the rental market with the many challenges that come with it.
Fledge
Fledge provides web-based 鈥 and research-backed 鈥 programming that teaches children in elementary school the essential skills for maintaining mental health.
Helpseeker*
HelpSeeker, with its unique search engine, provides a direct line for people in urgent need of social and health services in the community.
Immigrant Services Calgary
Immigrant Services Calgary supports newcomers through the Gateway initiative, helping them access the right resources as they build a new life in Canada. The community collaboration brings together a network of partners to streamline the onboarding process for immigrants.
Included by Design
Included by Design works with organizations to create more inclusive and accessible spaces for everyone using universal design.
JUMP Math
JUMP Math is a charitable organization empowering educators and students with an understanding and appreciation of math in Canada, the United States and other countries worldwide. Equity is at the core. JUMP Math resources are structured to support every teacher to engage every student in every math class.
Knead Technologies
Knead Technologies is a revolutionizing food-rescue operations by connecting excess food to those who need it, helping to fight poverty, reduce food waste and save the environment.
LyfeMD*
LyfeMD is empowering people with chronic digestive and inflammatory diseases to take control of their health and wellness through an online platform developed by gastroenterologists, hepatologists and registered dietitians.
Monark*
Monark is automating the science of leadership development through its digital platform that gives new and emerging leaders access to personalized training backed by research.
My Normative
My Normative bridges the gender data gap in health research by offering inclusive, female-focused health tracking services. Their approach emphasizes the importance of sex and gender differences in improving health outcomes through comprehensive data collection and analysis.
On A Dime
On A Dime Transformations integrates employment-based recovery into addiction treatment, emphasizing the importance of meaningful employment in sustaining long-term recovery. Supported by a multi-disciplinary team, they offer tailored programs, interactive learning, and comprehensive support to help participants transition smoothly from treatment to stable employment and build lasting recovery capital.
RetinaLogik
RetinaLogik, by loading customized software onto virtual reality headsets, uses artificial intelligence to make vision healthcare more portable, accessible, and affordable 鈥 starting with eye exams.
Shoelace
Shoelace is gamifying learning content through evidence-based technology that helps kids grow their reading skills and build their confidence with literacy.
Sky Acres
Stagehand*
Stagehand is reimagining live performances through an integrated web-based platform that allows businesses and other nontraditional venues and artists to work together to create meaningful experiences for the community.
*Ventures funded exclusively by the Government of Alberta and other donors.
Altiro Energy
Altiro Energy, a zero-emission energy company, has developed an iron-based fuel 鈥 renewable, safe, stable, non-toxic 鈥 that is part of a significant paradigm shift.
Ayrton Energy
Ayrton Energy is solving the challenges of storing and transporting hydrogen, a clean fuel. With its developing technology, hydrogen can be distributed at room temperature, at room pressure, while making use of existing infrastructure.
Ekstera
Exstera provides carbon-free, reliable, and inexpensive energy with their innovative Stirling engine generators.
Disa
Disa, which reduces the amount of energy needed for mineral processing, can use its validated technology to economically remediate legacy mine sites.
Hyperlume
HYPERLUME Inc., an avant-garde deep-tech venture based in Ottawa, Canada, is pioneering a groundbreaking ultra-low optical connectivity solution tailored for the realms of high-performance computing (HPC), artificial intelligence (AI), and cutting-edge processors destined for the forefront of edge computing platforms.
Litus
Litus is a Calgary-based startup developing a process to efficiently extract lithium from low-concentration sources, with minimal impact on the environment.
Fluid BioMed
Fluid Biomed is revolutionizing the approach to vascular disease by creating the first bioabsorbable brain stent to treat aneurysms.
NovusTX
NovusTX is developing a focused ultrasound system for the treatment of neurological and psychiatric disorders.
Investment Advisors
Each UCeed fund is supported by a group of Investment Advisors who review and advise on Fund investments. These advisors are experienced professionals with deep sector experience, proven leadership, and knowledge and experience in early-stage investing. Advisors provide mentorship, deep-rooted community connections, and critical support through the investment decision-making process.