ventureLAB is excited to introduce the latest cohort of the Accelerate AI program, a transformative six-month program designed to support the growth and scaling of AI startups, helping companies develop groundbreaking AI solutions that address the most pressing challenges of today's industries.
Located in York Region, Canada's second-largest technology hub, Accelerate AI is strategically designed to guide AI companies through various crucial stages of development and commercialization, with focuses on talents, customer acquisition, securing funding, and advancing intellectual property.
Scale AI, Canada's premier AI innovation cluster, is dedicated to supporting the growth and commercialization of AI startups. Through its acceleration programs and association with ventureLAB, Scale AI offers a comprehensive funding program designed to accelerate the development of AI-powered solutions addressing value chain challenges.
We're thrilled to welcome the innovative companies joining this new cohort.
VCycene Inc.
VCycene Inc. specializes in providing innovative, AI-powered kitchen composting solutions that turn food scraps into premium compost. Our flagship product, LILA, is designed to help households achieve zero waste and take real climate actions at home to fuel a cleaner, greener world for everybody.
Loon
Loon leverages proprietary Cognitive Ensemble AI Systems to forecast Pharmaceutical Market Access, automate clinical research, and accelerate the time-to-patient for innovative therapeutics, significantly de-risking the commercialization pathways and improving revenue projections. With patent-pending technology and partnerships with top pharmaceutical companies, consultancies, and biotech, Loon empowers biopharma innovators to bring life-saving treatments to patients faster, optimizing reimbursement readiness, boosting revenue, and improving global patient access.
ÁCARA CLIMATE
ÁCARA CLIMATE is a risk management platform built for financial institutions to make informed decisions on lending, insurance and investment in agriculture. Our agriculture risk assessment leverages Machine Learning with ecosystemic & climate modelling to provide accurate crop yield and losses forecasting with field-level details.
Omnae Technologies
Omnae simplifies supply chain management with cutting-edge solutions that connect people, data and systems. With patented technology, Omnae provides real-time visibility and operational efficiency, enabling companies to navigate the complexities of modern supply chains with confidence. From small enterprises to global organizations, Omnae delivers scalable solutions designed to meet the evolving needs of today’s supply chains.
Bug Mars
BugMars is a B2B SaaS company using computer vision and machine learning to optimize insect farming by reducing labor and improving working conditions. As a trusted third-party tech provider, BugMars focuses solely on software to lower the cost of insect protein for livestock feed, without the use of robots or custom hardware.
AutoAlign
AutoAlign’s is an AI safety company that allows businesses to confidently deploy LLM and generative AI solutions. The company created Sidecar Pro, the first AI supervisor guardrail that works alongside AI systems to ensure their performance, compliance, and security. Sidecar Pro provides robust generative AI supervision that works comprehensively with every major model, so enterprises can leverage safe and effective AI solutions across their businesses.
Paperminds
Paperminds is a conversational intelligence company specializing in solving real-life business challenges and leveraging growth opportunities through cutting-edge behavioral science and advanced technologies. Our experienced team crafts tailored conversational solutions featuring impactful, human-like audio conversational experiences, enhancing collaboration, trust, and engagement with stakeholders (clients, employees, partners, etc.).
Prochista
Prochista Smart Technologies Corp. headquartered in Toronto, Canada, is a pioneering company specializing in innovative IT infrastructure management and monitoring solutions. Founded in 2022, Prochista is committed to transforming data center and critical facilities infrastructure management with cutting-edge, AI-powered tools and technologies. Its technology encompasses both software and hardware products, developed entirely in-house.
Their flagship products, including ProDCIM and advanced IoT sensors, leverage AI companion technology as an on-site assistant, empowering organizations to optimize operations, enhance efficiency, and minimize downtime. Designed with sustainability in mind, Prochista’s solutions deliver real-time monitoring, predictive insights, and intuitive visualizations to meet the growing demands of modern IT environments.
With a focus on reliability, innovation, and customer-centricity, Prochista is dedicated to addressing the shortage of highly skilled human resources, improving response times, and driving the future of infrastructure management.
Otacta
Otacta™ is an autonomous retail intelligence company that transforms how retail decisions are made and executed through AI. Otacta’s multi-agent AI system provides real-time, actionable insights across inventory, pricing, demand forecasting, and more—automatically implementing complex decisions that typically require days of human analysis. The company's proprietary "Chain of Execution" technology combines retail-specific machine learning models with deep domain expertise, operating as an AI assistant or fully autonomously. By moving beyond manual analysis to automated decision-making, Otacta helps retailers maximize revenue and optimize costs.
MentorEase
MentorEase mentoring software is disrupting the HR/EdTech market by using AI to optimize every step in the process of launching and growing mentoring programs. Beyond improved matching, the platform provides a guided process that ensures participants build meaningful relationships with measurable outcomes. Winner of the 2024 EdTech Awards MentorEase helps manage mentoring programs at universities, corporations and industry associations.
Chatsimple
Chatsimple is building the next generation generative customer interface for B2B businesses, transforming static website communication into dynamic, personalized interactions powered by AI.
