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 “evergreen” funding model.
Portfolio of investments

3E Nano
3E Nano is reducing energy consumption and making buildings more energy efficient through their nano-thin window coatings.

Cadence
Cadence is helping families, funeral homes and estate professionals navigate the complex process of estate settlement through their 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’s 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.

Mach 32
Mach32 brings together expertise in engineering and health sciences to create innovative medical devices that protect lives.

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.

AazeinTx
AazeinTx is commercializing a novel, fast-acting, orally delivered compound for the treatment of acute and chronic asthma.

Child Health Imprints
Child Health Imprints is giving preterm babies a better chance at life with their 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.

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.

Trexo Robotics
Trexo Robotics has developed a sophisticated wearable robotic device (Trexo) to provide physiotherapy for children with walking impairments. The device monitors a child’s ability to move his/her legs with artificial intelligence algorithms and provides a level of assistance that maximizes therapeutic benefit.

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.

True Angle
A medical technology company focusing on disorders that affect an aging market — primarily two vital life functions, eating and breathing.

All Skin
All Skin is making it easier for people with skin conditions to measure sensitivities and find the right products adapted to their needs, through their bespoke at-home patch test and mobile app.

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
Through their flagship device, NeedSwitch, Difinity Solutions is advancing disruptive technologies to deliver lifesaving medications in emergency situations.
Fluid 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.

freddie
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.

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.

InventoRR MD
InventoRR MD is commercializing ground-breaking 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.

Oncoustics
Oncoustics is accelerating the detection and surveillance of disease through their AI powered technology that measures the sound in ultrasound.

PulseMedica
Pulse Medica is developing a medical device to treat retinal eye diseases that affect over 400 million people worldwide. Their state-of-the-art technology will improve patient outcomes and quality of life.

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. Their design can increase mobility and function while eliminating chronic pain.

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.

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.

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.

Xploro Inc
Xploro Inc. uses artificial intelligence to ease procedural anxiety and reduce stress in children with cancer.

Areto Labs
Areto Labs is making digital spaces safer by protecting companies and their employees from online abuse through their cybersecurity software.

Fledge
Fledge provides web-based — and research-backed — programming that teaches children in elementary school the essential skills for maintaining mental health.

Included by Design
Included by Design works with organizations to create more inclusive and accessible spaces for everyone using universal design.

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.

Shoelace
Shoelace is gamifying learning content through their evidence-based technology that helps kids grow their reading skills and build their confidence with literacy.

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.

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.

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.

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.

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.