This week, eight finalists battled it out in front of a live audience and an incredible judges panel for over $100,000 in cash and in-kind prizing. In partnership with the Regional Municipality of York, the pitch competition invited small businesses developing hardware and semiconductor-focused products to showcase their technology to a broad audience, including industry leaders, investors, government, and media.
FIRST PLACE: ROCKMASS TECHNOLOGIES
$20,000 CAD and winner of the Inertia Product Development Engineering Services and the Microart Services Inc. Manufacturing Services prizes (a combined value of $20,000 CAD). RockMass is a Toronto-based mining technology company that started in 2016. The Axis Mapper is a LiDAR-based mobile data collection solution that uses point cloud data to determine and digitally record structural orientation measurements in real time. The Axis Mapper improves safety, increases productivity, and saves time, while reducing development cycle time.
SECOND PLACE: TITAN HAPTICS
$15,000 CAD and winner of the Siemens Xcelerator Software Package (at a value of $30,000 USD). TITAN Haptics is a haptics company developing next-generation wideband HD motors called LMRs. Instead of springs or flexures, the motor uses a floating magnetic array with 1 moving part, providing superior durability, and wide frequency response and new effects.
THIRD PLACE: CYBERWORKS
$10,000 CAD Cyberworks has developed a vehicle agnostic autonomous navigation technology platform for third party commercial equipment. Their smart technology replaces the driver of any type of equipment that is pushed or steered, thereby mitigating labor shortages, reducing labor costs and increasing operating efficiencies for customers by redeploying employees who work with wheeled machinery. Watch the pitch competition here: [arve url="https://www.youtube.com/embed/7yMy66B1s-I" align="left" ... /] Congratulations to all of the finalists who pitched at the 2021 HardTech Pitch Competition.
About ventureLAB
ventureLAB is a leading global founder community for hardware technology and enterprise software companies in Canada. Located at the heart of Ontario’s innovation corridor in York Region, ventureLAB is part of one of the biggest and most diverse tech communities in Canada. Our initiatives focused on raising capital, talent retention, commercializing technology and IP, and customer acquisition have enabled thousands of companies to create over 4,000 jobs and raise more than $200 million in investment capital. At ventureLAB, we grow globally competitive tech titans that build-to-scale in Canada, for global markets.
