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Accelerate Fund
Edmonton, Canada
Accelerate Fund invests in early‑stage Alberta technology companies, primarily those with proprietary technology in life sciences, digital transformation, and artificial intelligence. The fund provides up to $500k co‑inv...
Portfolio
18+
Employees
<3
Founded
2012
AUM
≈ $58.0M
Investment focus
Stages
Pre-Seed → Seed
Industries
Artificial IntelligenceBiotechnologyEnterprise Software
Geographic scope
Canada
Fund details
Funds
Accelerate Fund I
Vintage 2012 • $10.0M
Accelerate Fund II
Vintage 2016 • $10.0M
Accelerate Fund III
Vintage 2020 • $23.0M
Accelerate Fund IV
Vintage 2024 • $15.0M
Check sizes
Min: $250.0K
Typical: $250.0K
Max: $500.0K
Sources
Accelerate Fund
Accelerate Fund invests in early‑stage Alberta technology companies, primarily those with proprietary technology in life sciences, digital transformation, and artificial intelligence. The fund provides up to $500k co‑invested alongside angels and family funds, focusing on companies that have demonstrated market traction and can scale to a Series A round.
Portfolio
18+
Employees
<3
Founded
2012
AUM
≈ $58.0M
Funds
Accelerate Fund I · Vintage 2012 • $10.0M
Accelerate Fund II · Vintage 2016 • $10.0M
Accelerate Fund III · Vintage 2020 • $23.0M
Accelerate Fund IV · Vintage 2024 • $15.0M
Check Sizes
Min: $250.0K
Typical: $250.0K
Max: $500.0K
Stages
Pre-Seed → Seed
Industries
Artificial IntelligenceBiotechnologyEnterprise Software
Geographic scope
Canada
Sources
Showing 18 of 18 matched portfolio companies
Arolytics provides a cloud-based emissions management platform that utilizes methane emissions data to enhance leak detection and repair (LDAR) programs, ensuring regulatory compliance and supporting environmental, social, and governance (ESG) objectives. The company offers tailored solutions for establishing measurement baselines and optimizing emissions abatement strategies across over 4,500 North American facilities.
Funding: $4.1M
Rough estimate of the amount of funding raised
Funding: $4.1M
Rough estimate of the amount of funding raised
The AI career mentor utilizes machine learning algorithms to analyze individual skills and market trends, providing personalized career guidance to job seekers. This platform helps candidates navigate complex career choices by delivering data-driven insights that enhance decision-making and improve job placement outcomes.
Cellar Insights provides potato growers with a remote monitoring system that tracks temperature, humidity, and carbon dioxide levels in storage facilities to detect early signs of rot and other quality risks. This technology enables growers to take timely action, reducing crop loss and maximizing yield without the need for daily facility visits.
Funding: $847.8K
Rough estimate of the amount of funding raised
Funding: $847.8K
Rough estimate of the amount of funding raised
Provides a centralized platform for creators to build and manage online communities, combining tools for content sharing, member engagement, and monetization. It streamlines community management by integrating features like discussion forums, event scheduling, and subscription-based access, enabling creators to foster deeper connections and generate revenue from their audiences.
Funding: $30.5M
Rough estimate of the amount of funding raised
Funding: $30.5M
Rough estimate of the amount of funding raised
Cor AI agents enable Customer Success teams to track and analyze customer signals from various sources, including conversations and internal data, to facilitate timely and personalized customer interactions. This technology addresses the challenge of generic engagements by automating the generation of tailored communications that enhance customer retention and drive growth.
Fluid provides an AI-driven e-commerce platform that enables direct sales companies to manage their online presence without the need for internal developers, allowing users to customize their websites and marketing tools with zero coding. The platform enhances sales efficiency by integrating features like one-click checkout and in-app messaging, resulting in a significant increase in daily active users and streamlined operations for distributors.
Northernmost develops specialized machinery designed to preserve and transport donor kidneys for transplant. Their technology aims to replace traditional cooler methods with a perfusion system ensuring organ viability. This focus modernizes the logistics of organ procurement and delivery for transplantation.
Ontopical utilizes AI-driven market intelligence software to monitor over 16,000 local government agencies across North America, providing businesses with early alerts on upcoming contract opportunities. This technology enables companies to identify and act on potential bids 6 to 12 months before formal requests for proposals are issued, significantly improving their competitive edge.
Funding: $8.8M
Rough estimate of the amount of funding raised
Funding: $8.8M
Rough estimate of the amount of funding raised
Portal provides a non-custodial wallet infrastructure utilizing Threshold Signature Scheme (TSS) Multi-Party Computation (MPC) technology, enabling secure and rapid wallet access without traditional seed phrases. The platform simplifies the integration of embedded Web3 wallets across over 100 blockchain networks, facilitating user interactions with digital assets like NFTs and stablecoins while ensuring robust security and easy recovery options.
Funding: $9.0M
Rough estimate of the amount of funding raised
Funding: $9.0M
Rough estimate of the amount of funding raised
PulseMedica has developed a proprietary real-time 3D imaging and laser targeting system for the non-invasive screening and treatment of vitreoretinal diseases, starting with symptomatic vitreous opacities. This technology addresses the significant unmet need for safe and effective treatment options for millions suffering from vision impairments caused by eye floaters.
Funding: $16.7M
Rough estimate of the amount of funding raised
Funding: $16.7M
Rough estimate of the amount of funding raised
Re is an on‑chain reinsurance protocol that tokenizes real reinsurance treaties, issuing fully collateralized tokens backed by verified insurance premiums. The platform provides institutional investors and insurers with regulated, transparent access to the $800B+ reinsurance market, delivering 8‑16% annual yields that are largely uncorrelated with traditional assets while maintaining defined risk limits and underwriting discipline.
Funding: $7.0M
Rough estimate of the amount of funding raised
Funding: $7.0M
Rough estimate of the amount of funding raised
SOLV is a B2B e-commerce marketplace that utilizes a digital platform to connect micro, small, and medium enterprises (MSMEs) with suppliers and customers, streamlining the procurement process. By providing a centralized marketplace, SOLV addresses the challenges of limited access to digital commerce for MSMEs, enhancing their visibility and sales opportunities.
Surface Medical develops CleanPatch, an FDA-registered medical surface repair product for healthcare equipment like mattresses and stretchers. CleanPatch restores damaged surfaces to an intact and hygienic state, helping healthcare facilities reduce the risk of hospital-acquired infections.
Syantra is a precision healthcare company that commercializes the Syantra DX™ Breast Cancer test, a blood-based assay that analyzes gene expression biomarkers to detect early-stage breast cancer. This test addresses the limitations of traditional mammography, particularly for women with dense breast tissue, by providing a minimally invasive screening option with an inferred accuracy of 98.5% for women under 50.
Funding: $10.4M
Rough estimate of the amount of funding raised
Funding: $10.4M
Rough estimate of the amount of funding raised
Technol designs and manufactures eco-friendly machinery that significantly reduces the time required for crop collection through advanced automation techniques. This technology addresses the inefficiencies in traditional harvesting methods, enabling farmers to increase productivity and minimize labor costs.
The startup operates an online retail marketplace that connects customers with surplus and deadstock building materials and DIY products from retailers. By offering these goods at significantly reduced prices, the platform addresses the issue of waste in the construction industry while providing affordable options for consumers.
<3
100+Approximate amount of employees
Funding: $5.9M
Rough estimate of the amount of funding raised
Funding: $5.9M
Rough estimate of the amount of funding raised
Virtual Gurus is a talent marketplace that connects businesses with skilled virtual assistants from Canada and the U.S., utilizing a machine learning-based matching process to ensure optimal fit for specific organizational needs. The platform offers flexible subscription and pay-as-you-go pricing models, enabling companies to efficiently manage administrative tasks without long-term commitments.
Funding: $6.6M
Rough estimate of the amount of funding raised
Funding: $6.6M
Rough estimate of the amount of funding raised
Wyvern provides high-resolution hyperspectral imagery from its Dragonette satellite constellation, capturing data at a spatial resolution of 5.3 meters across 23 spectral bands. This technology enables organizations to identify hidden operational issues and make informed decisions based on detailed geospatial insights.
Funding: $18.6M
Rough estimate of the amount of funding raised
Funding: $18.6M
Rough estimate of the amount of funding raised