Volta Announces Fall 2018 Volta Cohort Finalists
Thirteen Atlantic Canadian early stage technology startups will pitch at the fall edition of Volta Cohort’s Pitch Event on Nov. 28 at Kenneth C. Rowe Hall, Pier 21 in Halifax. Up to five companies will receive $25,000 in investment, mentorship and resources.
This event marks the third intake to the Volta Cohort program. Volta Cohort launched last year to address the lack of investment and resources available to early stage Atlantic Canadian technology startups.
“Startups in Atlantic Canada are developing innovative products that reach global markets,”
said Jesse Rodgers, Chief Executive Officer of Volta. “Access to funding at an early stage can drastically reduce the challenges founders face in Atlantic Canada. Volta Cohort is helping accelerate the growth of high potential founders by providing space to collaborate with their teams, world-class mentorship opportunities and programming tailored to their needs,” said Rodgers.
The selected companies are:
Aurea Technologies (Halifax, NS) – Aurea Technologies helps solve the climate change crisis by creating simple, human-centric, revolutionary wind turbines for consumer and commercial markets.
Byos Cybersecurity (Halifax, NS) – Byos Cybersecurity is developing a product to monitor and protect companies’ critical resources from data leaks, security breaches, fraud and infections.
Commlet Technologies (Sydney, NS) – Commlet Technologies uses GPS tracking bracelets and an innovative app to offer a user-friendly solution for real-time positioning tailored to the education and childcare industries.
DevScript Inc. (South Greenwood, NS) – DevScript’s software product, Aila is an app that infuses creativity and innovation into every-day business operations, so you can compete, scale and thrive in a connected economy.
Halifax VR (Halifax, NS) – Halifax VR is a developing occupational therapy rehabilitation software, in partnership with a children’s hospital, using augmented reality. The company’s first product in development is a virtual wheelchair simulator.
iLokol Technologies (Halifax, NS) – iLokol is developing a multi-language platform that helps international students and newcomers find the right place to shop, dine and play. Users can check for nearby businesses, find products or services and place orders from their mobile devices.
Kindness3D (Halifax, NS) – Kindness3D was established to send affordable, 3D printed artificial limbs to those less fortunate around the world. To date, the project has successfully delivered two devices, one to Costa Rica and the other to Brazil.
Neothermal Energy Storage Inc (Bridgewater, NS) – Neothermal Energy Storage is tackling high home energy costs with an innovative, smart home compatible, electric thermal storage heater for residential supplemental space and water heating.
Milk Moovement (St John’s, NL) – Milk Moovement is a Dairy Industry ERP platform that brings outdated systems to new life and provides significant data improvement for all stakeholders in the dairy industry. Milk Moovement is currently being used across the province of Newfoundland and Labrador and preparing for expansion across all Atlantic provinces.
Osteo-PM (Halifax, NS) – Osteon-PM is a go-to personal pain and mobility management service for osteoarthritis (OA) suffers. The goal is for the platform to be a diagnostic tool or virtual health provider. A health professional version will also be available to help monitor, interact and coach OA clients/patients via the platform in real time.
Tranquility Online (Halifax, NS) – Tranquility Online offers an online, Software-as-a-Service solution that uses the gold standard therapy approach for anxiety: Cognitive Behavioural Therapy (CBT). Tranquility Online’s interactive CBT software was built by experts and can also be accompanied by coaching from real people, who will be trained by our internally developed training protocol.
Tsundoku Digital (Halifax, NS) – Tsundoku Digital is changing the way blog content is consumed by providing users with the opportunity to streamline their reading habits and consume the best content possible in an industry that is overwhelmed with content. The company is building a multi-platform app that delivers the right content when users have chosen to receive it.
YOUX Systems Inc. (Halifax, NS) – YOUX Systems is developing SEXOLOGY, a mobile app that functions as an AI-based sex therapy assistant helping single users and couples improve their sexual life and overcome sexual problems.
Volta Cohort participants are selected through an application process that runs twice a year. Volta hosts a pitch event every six months to determine who is accepted into the program. Companies receiving investment are given space at Volta and access to a board of mentors comprised of CEOs and founders of Volta’s Resident and Alumni companies. For companies outside of Halifax, support is arranged with partnering organizations in other cities across Atlantic Canada. The collaboration between Volta, the Atlantic Canada Opportunities Agency (ACOA), BDC Capital, and Innovacorp ensures startup founders across the region have provincial, regional and national organizations committed to their success.
Tickets for the fall edition of the Volta Cohort Pitch Event are now on sale and are available here: https://bit.ly/2Do9YHN
Volta is one of Canada’s largest innovation hubs, located in downtown Halifax, Nova Scotia. Established in 2013, aims to create a space where members of the Atlantic Canadian innovation ecosystem can work, connect and learn from one another by accessing co-working space, events and programs. Learn more at www.voltaeffect.com.
About the Atlantic Canada Opportunities Agency
The Atlantic Canada Opportunities Agency works to create opportunities for economic growth in Atlantic Canada by helping businesses become more competitive, innovative and productive, by working with diverse communities to develop and diversify local economies, and by championing the strengths of Atlantic Canada. Together, with Atlantic Canadians, ACOA is building a stronger economy. For more information, please visit www.acoa-apeca.gc.ca.
About BDC Capital
With more than $2 billion under management, BDC Capital is the investment arm of BDC, serving as a strategic partner to Canada’s most innovative and high potential firms. It offers a range of equity, venture capital and flexible growth and transition capital solutions to help Canadian entrepreneurs scale their businesses into global champions. To find out more, visit bdc.ca/capital.
Innovacorp is Nova Scotia’s early stage venture capital organization. It finds, funds and fosters innovative Nova Scotia startups that strive to change the world. The goal is to help those start-ups commercialize their technologies and succeed in the global marketplace. In addition to risk capital, Innovacorp gives entrepreneurs access to world-class incubation facilities, expert advice and other support to help accelerate their companies. More information at innovacorp.ca.