The selection process for cohort 7 was highly competitive, including a rigorous bootcamp to ensure the selected companies were primed for success in the hardware industry, which is notoriously known for long lead times for product validation and securing investment.

Life Sciences & Health Technology (page 2)
Advisor series: building stronger ventures with diversified strengths
In the ever-evolving world of startups, building successful ventures goes beyond just innovative ideas and market analysis – it lies in the strength and diversity of your startup’s team.
Announcing the third cohort of ventureLAB’s Accelerate AI
ventureLAB is proud to announce the 3rd cohort of the Accelerate AI program. This transformative 6-month program is designed to champion the growth and scaling of AI startups, empowering them to deliver cutting-edge solutions and applications that tackle the challenges in the modern industry!
Government of Canada supports expansion of services at ventureLAB
$4.5 million for the next phase of the Hardware Catalyst Initiative, supporting 30 technology companies while creating and maintaining over 170 jobs in southern Ontario.
York Region giving $1.08M boost to international, women-led businesses
The funding proposed would be over three years and would come from the region’s Innovation Investment Fund, which the region includes in its budget to support innovative projects on an application basis.
AbbVie Canada expanding and celebrates over a decade of thriving in Markham
“That’s why we needed a bigger office as the new home in Markham, to welcome the Ontario-based employees,” Murphy said. “We wanted to build an environment that stimulates collaboration, innovation and inspires us.”
Markham company developing AI wearable device to help people who are blind, visually impaired
The most common way for people with visual impairments to navigate outside is through the use of guide canes and raised tactile indicators at intersections. Yu said these devices are more than 100 years old, and there hasn’t been much progress made with alternative solutions, while the Visiontif wearable device is a screen reader for the real world.
New app from Markham-based startup gives patients remote access to physiotherapy options
Chiropractor Dr. Jim Feng, well-known in York Region for his commitment to healthcare innovation, has recently made significant strides in improving patient access to physiotherapy options. Jim is no stranger to York Region’s thriving entrepreneurial ecosystem, having long been associated with York University’s YSpace, a leading resource hub for entrepreneurs in the region.
Canada to invest $23 million in Markham-based Edesa Biotech
This groundbreaking project aligns with Canada’s Biomanufacturing and Life Sciences Strategy and will support increased innovation, as well as world-class expertise and infrastructure for clinical trials.
19 York Region-based companies make Report on Business ranking of Canada’s Top Growing Companies 2023
There were 19 York Region-based business to make the list.
Government tour of Teva Canada’s Stouffville manufacturing facility showcases pharmaceutical capabilities and underscores economic value to Canada
A Centre of Pharmaceutical Excellence – The Stouffville manufacturing facility, one of North America’s largest, produces generic medicines in tablet and capsule dosage forms spanning a wide range of therapies including pain management, cardiovascular diseases, and mental health. The facility provides end-to-end manufacturing of medicines, from dispensing the raw materials to the production of the finished dosage format.
Town of Georgina business park offers a rare location opportunity at the top of the GTA
More than half of Keswick Business Park’s 500 acres have already been snapped up by industrial, high-tech developers
How BlueBird IT Solutions built a leading healthcare IT infrastructure company in Markham
BlueBird IT Solutions is part of a consortium of companies that have received funding from the Canadian Space Agency to help build a medical capsule that could withstand extreme temperatures (and, eventually, space) and be used to treat people virtually in remote and Indigenous communities.
Hugh Chow, global leader in innovation and technology appointed CEO at ventureLAB
“On behalf of the Board of Directors, it is our pleasure to welcome Hugh to the dynamic ventureLAB team,” said Yalda Riahi, Chair of ventureLAB’s Board of Directors. “We believe that Hugh’s unique expertise in many of the technology-centric sectors will help move us to the next chapter of helping Canadian companies succeed globally. We also believe his leadership will contribute significantly to Canada’s goal of solidifying our position in key high-value industries, including semiconductors, AI and medtech.”
York Region Headquartered Hospital Mackenzie Health receives its second Davies Award
“We’re proud to receive the Davies Award of Excellence from HIMSS for a second time and for shining a light on how we are changing the landscape of healthcare innovation across the sector,” said Purvi Desai (pictured), vice president, Digital Health and chief information officer.
Canada announces first-ever express entry invitations for skilled newcomers with STEM experience
This announcement signals a momentous milestone in Canada’s commitment to attracting top global talent and solidifying its position as a leader in research, development, and innovation.
Markham-based Phyxable building an autonomous module to monitor astronauts’ health
Dr. Jim Feng, CEO of Phyxable, discusses the company’s work with the Canadian Space Agency’s Health Beyond Initiative to develop innovative tools for space health.
Vaughan Headquartered Kontrol Technologies selected by new municipal customer for net zero emissions building design and receives second USA patent
The Company has been awarded USA Patent No. 11,662,278. The Patent covers an air sampling system which includes an air inflow channel having an air inlet portion at a top end
Cardinal Health tops 1.1M sq. ft. with new GTA distribution centre in Vaughan
The 163,000-square-foot distribution centre in Vaughan is to be fully operational in late 2023 to early 2024. It will be Cardinal’s ninth regional distribution centre.
Mackenzie Health named recipient of the 2023 Excellence in Patient Safety Award
This Excellence in Patient Safety Award recognizes individuals and teams that are committed to improving patient safety practices within the healthcare environment, through leadership, culture, best practices, innovation and change management expertise.
Vaughan headquartered cleantech Blue-Zone Technologies signs agreement with Respirair Global
Blue-zone Technologies is looking to provide creative solutions that help organizations reduce the GHG footprint for a positive impact on the environment and the communities they serve.
Newmarket’s Southlake named one of top 10 hospitals in Ontario, top 25 in Canada
The ranking is based on a survey sent to 80,000 health-care professionals, who considered areas such as patient experience, patient outcomes and hospital quality metrics.
Vaughan Headquartered Drone Delivery Canada implements detect and avoid system on care by air delivery route
DDC has integrated Sparrowhawk at the DSV facility in Milton to support the Care by Air route initially, with plans to expand the use of Sparrowhawk to additional delivery routes in the future.
ventureLAB celebrates the launch of its Hardware Catalyst MedTech Lab at Sterling Industries
The collaboration aims to bring together the knowledge and experience of individuals and organizations with a strong background in cutting edge hardware development and medical technology, in order to create an environment that will attract MedTech startups to York Region and Ontario, and ultimately benefit patients and healthcare providers alike.
Richmond Hill company builds ‘the most breathable respirator on the market’
CANADAMASQ is one of the suppliers selected by the Ontario government to produce masks. The company has a five-year contract to supply the government with adult masks.
Richmond Hill headquartered Artaflex acquires Custom Rapid Response (CRS) Inc. and GSNetworks Inc.
“When you couple the addition of five SMT lines from CRS and their focus around power, sustainable/renewable energy and the industrial automation markets with our focus on higher volume pcb assembly, box build, systems integrations and test (SIT), this combination will provide a very comprehensive suite of services in the Southern Ontario region,” enthused Gerry Iuliano, EVP of business development for Artaflex.
Vaughan headquartered Kontrol BioWater Technology completes successful phase 1 viral detection in wastewater: advancing biomonitoring technology
The Kontrol BioWater wastewater viral detection Phase 1 testing was completed with support from the National Research Council of Canada. The BioWater utilizes the core scientific technique of a Modified Western Blot to identify viruses.
Richmond Hill Headquartered COMsolve Selected As A Next Generation 9-1-1 (NG9-1-1) Consultant By One of Canada’s Largest Public Safety Answering Points (PSAPs)
COMsolve’s auditing of existing infrastructure and structured cabling capabilities, along with our handheld process for NG9-1-1 implementation, qualify us to support small to large PSAPs, and small to large telecommunication providers.
Vaughan Headquartered Miele Unveils Undercounter Washer-Disinfectors for Medical Instruments and Devices in Canada
Washer-disinfectors can help to fully disinfect medical instruments, while decreasing the staff’s risk of injury or contamination that might occur with hand washing or reprocessing.
Vaughan Headquartered Drone Delivery Canada Part of Project Care by Air to Deliver Urgent Medical Cargo in Halton Region
The fully electric drone is programmed with the route so a safety pilot won’t have to do much. Up to 10 pounds of medical supplies will be loaded into the drone.
When the drone arrives at Oakville Trafalgar hospital, another landing pad awaits, the trip is 20 minutes one way.