Deep Tech

Companies working at the frontier of physics, chemistry, and biology — where the moat is the science itself.

Aalo Atomics Factory-built modular nuclear reactors designed to power AI data centers — targeting criticality in 2026 with the first advanced reactor built in the US in a generation. Nuclear Energy Austin
ALT TEX Sustainable textile materials from agricultural waste — replacing virgin synthetics and conventional cotton in mainstream apparel supply chains. Sustainable Materials Toronto
Avro Life Science A transdermal patch that delivers medications through the skin — making therapies more accessible by removing the need for injections or clinical administration. Cell & Gene Therapy Waterloo
Bioform Biomaterial platform developing novel biological scaffolds for applications in medicine, construction, and industrial design. Biomaterials Vancouver
Eli Health Hormone diagnostics from saliva — making continuous hormonal monitoring accessible outside a clinic, starting with fertility and expanding across the full hormonal health landscape. Hormone Diagnostics Montreal
E-Zinc Grid-scale zinc-air batteries that store energy for days rather than hours — a low-cost, earth-abundant answer to long-duration storage that lithium chemistries can't solve. Long-Duration Storage Toronto
Faction Teleoperated electric delivery vehicles with a remote human in the loop — making autonomous last-mile delivery commercially viable today, without waiting for full Level 5. Autonomous Vehicles San Francisco Shut Down
GaN Systems Gallium nitride power semiconductors enabling smaller, faster, more efficient power electronics. Acquired by Infineon Technologies in 2023 — validating GaN as the successor to silicon in power conversion. Power Semiconductors Ottawa Acquired by Infineon Technologies
Jetson Home Consumer heat pump systems designed to make home electrification accessible — removing the friction that keeps households tethered to fossil fuel heating. Home Electrification Vancouver
Kalino Bio Non-surgical immunocontraceptives for animals — a biological alternative to surgical sterilization with implications for wildlife management and companion animal care. Biotech Vancouver
Membio Single-use bioreactor technology for cell therapy and bioprocessing manufacturing — acquired by ABEC, a global leader in biopharmaceutical process equipment. Bioprocessing Toronto Acquired by ABEC
LightCell Energy Next-generation electrochemical energy storage targeting lower cost and longer cycle life than existing chemistries for grid and industrial applications. Energy Storage San Francisco
Mast Reforestation Carbon sequestration through biomass burial — harvesting excess plant matter and storing it underground where it can't decompose and release CO₂ back into the atmosphere. Reforestation Seattle
Nanode A novel battery anode using a proprietary nanomaterial process — delivering higher energy density and longer cycle life for electric vehicles and grid storage. Nanotechnology Edmonton
Phenomic AI AI-powered cell morphology platform identifying novel drug targets in solid tumour stroma — addressing cancers where current therapies routinely fail. AI Drug Discovery Toronto
Planetary Ocean alkalinity enhancement that permanently removes CO2 at scale. XPRIZE Carbon Removal winner. $31M Frontier offtake with Stripe, Shopify, and others. Carbon Removal Dartmouth
Raven Telemetry AI-powered manufacturing intelligence platform providing real-time visibility into factory floor operations — turning sensor data into actionable production insights. Manufacturing AI Ottawa
ProteinQure Computational protein design using machine learning to develop peptide therapeutics faster and more precisely than traditional biochemical methods. Protein Design Toronto
QurCan Nanoparticle RNA delivery targeting the brain and spleen — tissue destinations that have historically been out of reach for RNA therapeutics. RNA Delivery Toronto
SpaceRyde Balloon-launched rocket system designed to deliver small satellites to orbit at a fraction of traditional launch costs — a genuinely novel approach to the last-mile access problem. Space Launch Toronto Shut Down
Synova Life Sciences Regenerative medicine developing biologically-active tissue repair solutions for musculoskeletal and soft tissue injuries. Regenerative Medicine Pasadena
Valence Labs AI platform for molecular discovery — acquired by Recursion Pharmaceuticals in 2023, becoming part of one of the world's leading computational drug discovery companies. AI Drug Discovery Montreal Acquired by Recursion Pharmaceuticals
Varda Space Orbital manufacturing using microgravity to produce materials impossible to make on Earth. Four successful missions to date. $329M raised. Pharmaceuticals crystallized in space and returned by re-entry capsule. Space Manufacturing El Segundo
Vessl Prosthetics Self-adjusting prosthetic sockets that automatically adapt to daily volume changes in the residual limb — solving the most common cause of prosthetic abandonment. Medical Devices London
Vital Bioscience Point-of-care diagnostic platform (VitalOne) running lab-quality tests at the bedside in minutes — compressing hours of lab turnaround to the moment of care. Point-of-Care Diagnostics Toronto

Beyond Deep Tech

Occasionally we back exceptional founders building outside deep tech — people we know personally, solving problems that have a huge impact.

Ada AI customer service platform. $1.2B valuation. One of Canada's most prominent software companies. AI SaaS Toronto
Brave Privacy-first browser with 70M+ monthly active users — rethinking how the web is monetized without surveillance. Browser San Francisco
Chia Network Proof-of-space-and-time blockchain designed by BitTorrent creator Bram Cohen. Blockchain San Francisco
Doormat (now Ownright) Digital platform simplifying the home-buying process — handling legal, title, and closing workflows online. Proptech Toronto
Every Financial Financial services integration platform — acquired by Wave Financial to expand their small business financial tools. Fintech Toronto Acquired by Wave Financial
Fullscript Practitioner-dispensed supplement platform. Unicorn. Trusted by over 100,000 healthcare practitioners. Health Commerce Ottawa
HyperCare Clinical communication platform for healthcare teams — replacing pagers and fragmented messaging with secure, real-time coordination. Health Tech Toronto
HyperComply AI-powered security compliance automation — acquired by SecurityScorecard to bring AI to supply chain risk management. Security Toronto Acquired by SecurityScorecard
Kora One of Africa's largest payment providers. Three consecutive profitable years. Payments Africa
LOB API-first platform for programmatic direct mail at scale. YC-backed. Category leader. Developer Infra San Francisco
Mercury Banking built for startups. Unicorn. One of the most-loved fintech brands among founders. Fintech San Francisco
MayDay Calendar and productivity app reimagining how people manage their time — acquired by Apple in 2025. Productivity Toronto Acquired by Apple
Peggy Digital platform streamlining the way businesses manage and automate their social media marketing. Marketing Tech Toronto
Superhuman The fastest email client ever made. $825M valuation. Acquired by Grammarly in 2025. Productivity San Francisco Acquired by Grammarly
Spare On-demand transit technology powering flexible public transportation for cities and transit agencies across North America. Transportation Vancouver
Voiceflow Platform for building and deploying AI agents. Used by 130,000+ developers globally. AI SaaS Toronto
Welbi Data-driven engagement platform for senior living communities — using predictive analytics to personalize resident activities and improve quality of life. Senior Living Ottawa

Who Invested After Us

We invest at the angel or pre-seed stage — long before institutional capital arrives. The companies we back have gone on to raise from some of the most respected names in venture.

Andreessen Horowitz
Founders Fund
Khosla Ventures
Y Combinator
Tiger Global
Lux Capital
Bessemer Venture Partners
Accel
Spark Capital
IVP
Valor Equity Partners
Felicis Ventures
First Round Capital
FirstMark Capital
Craft Ventures
True Ventures
Caffeinated Capital
Kindred Ventures

Funds We Back as an LP

We back world-class fund managers with deep sector expertise or access to founders we wouldn't reach on our own. If you're raising a fund in this space, we'd like to hear from you.