Fundraising Fox

Thin Air Labs

Impact investoroperating company · company profile

Calgary · Pre-Seed–Series A · 5 people tracked

Fox Verdict
Sign up to see your fit

Investment thesis

Thin Air Labs takes a founder-first approach, driven by deep empathy for the challenges of entrepreneurship. The firm backs early-stage founders building companies that create meaningful human impact, while also seeking a return on investment. It values diverse perspectives and collaboration, believing that varied thinking leads to more effective and unique solutions. Beyond capital, Thin Air Labs provides hands-on venture-building support including funding strategy and roadmapping, matchmaking to grant opportunities, a technical team of grant writing experts, and grant reporting. The firm has invested in 30 early-stage companies and has fully deployed its Fund I.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
HQ
Calgary, AB, CA
Instruments
Equity · Grants
Founded
2018
AUM
$15M
Tracked investments
30

Team · 5 people

from curated & public directories
Andrew Browne· Partner, Head of Business Development
Rick Bird· General Partner, CEOin

Founder mafia

2 people who came through Thin Air Labs went on to found or lead other companies.

What they invest in

from 26 of 30 portfolio companies

AI & Machine Learning ×12Healthtech ×11SaaS ×10Enterprise Software ×9Medical Devices ×8Digital Health ×6Fintech ×6Biotech ×5

HQs:Canada×13South Africa×1

Who they back

founder profiles across 9 portfolio companies
33%
solo founders
3 of 9 mapped founding teams

Founding team size:solo founder×32 founders×44+ founders×2

Investments · 30 tracked

founders shown can be your intro path
Arborarbor.ecoin𝕏

Arbor provides a platform for measuring carbon emissions across supply chains using supply-chain-specific data points rather than global averages, enabling calculations in minutes instead of months or years.

CleantechClimate TechData & InfrastructureEnterprise SoftwareImpact & Social GoodSaaS

Co-investorsStartup TNT

Athennianathennian.comin𝕏

Athennian is a governed entity management platform that centralizes fund, SPV and portfolio company data, including ownership hierarchies, cap tables, approvals and compliance records, in a single system.

AI & Machine LearningEnterprise SoftwareFintechLegalTechSaaS

Adrian C.(Founder)inMark Tinana(Founder)in

Co-investorsBCF VenturesCentana Growth PartnersCerity Partners VenturesRound13 CapitalArthur Ventures

Ayrton Energyayrtonenergy.comin

Ayrton Energy develops a hydrogen storage and transport solution based on a proprietary liquid organic hydrogen carrier (LOHC) and electrochemistry, storing hydrogen as a liquid at ambient conditions so it can be moved using existing fuel infrastructure.

CleantechClimate TechEnergyCalgary, CA

Co-investorsBDC Climate Tech Fund IIClean Energy VenturesCreative Destruction Lab (CDL)ForesightThe 51 VenturesUCeed Funds+3 more

Bidalibidali.comin𝕏

Bidali offers a mobile app for buying digital gift cards from local and international brands, earning cash back, and accessing exclusive brand offers.

ConsumerFintech

Eric Kryski(Founder)in

Co-investorsCreative Destruction Lab (CDL)

Bodebode.cain

Bōde offers a self-serve platform for home sellers to list and price their own homes without a real estate agent, using tools such as market data, sold transaction history, and self-selected comparables.

MarketplacesPropTechSaaS

Co-investorsScaleGood Fund LP (powered by TELUS)

Clinifymyclinify.comin𝕏

Clinify is an AI-powered claims processing platform for health insurance in Africa that automates end-to-end claims handling, fraud detection, and payouts using agentic AI agents.

AI & Machine LearningHealthtechInsurTech

Co-investorsScaleGood Fund LP (powered by TELUS)

Cohesiccohesic.comin𝕏

Calgary, CA

Co-investorsPallasite Ventures

Dot Healthdothealth.cain𝕏

Dot Health provides a platform for patients to access, track, and share their health records and medical data with their healthcare providers.

Digital HealthHealthtechToronto, CA

Co-investorsExtreme Venture PartnersExtreme Venture Partners LLP

Fillipfillipfleet.com

Fillip provides a fuel savings and rebate network for vehicle fleets, offering fuel discounts and rebates without minimum spend requirements.

FintechLogistics & Supply ChainMobility & Transportation

Fluid Biomedfluidbiomed.com

Fluid Biomed develops a bioresorbable polymer-based stent designed to treat brain aneurysms by diverting blood flow and reducing risk of stroke.

BiotechDeep TechHealthtechMedical DevicesCalgary, CA

Dr. John H. Wong(Co-founder & Chief Executive Officer)Dr. Alim P. Mitha(Co-founder, President & Chief Technology Officer)

Co-investorsAccelerate FundLifeArc VenturesShangBay Capital LLCUCeed Funds

Garden Loftgardenloft.ca

Working with The Brenda Strafford Foundation and Alberta Innovates to test smart homes, passive monitoring, and integrated health data enabling older adults to live safely and independently at home.

Inqliinqli.comin𝕏

Inqli is a knowledge-sharing platform that helps organizations capture and surface expertise held by their leaders and subject matter experts through a central hub.

Enterprise SoftwareFuture of WorkSaaS

Leankorleankor.comin𝕏

Leankor.ai offers an AI-driven, cloud-based enterprise work and project management SaaS built for industrial enterprises to manage large-scale customer delivery projects.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsVerdex Capital

Mikata Healthmikatahealth.comin

Mika Health provides AI-powered patient triage and appointment booking solutions for clinics and healthcare practices.

AI & Machine LearningDigital HealthHealthtechCalgary, CA

Co-investorsInnovative Solutions Canada

Nanotessnanotess.com

NanoTess is a social enterprise developing catalytic materials to address wound care and skin health challenges, with a focus on making healthcare technologies accessible and affordable for patients and communities globally.

BiotechHealthtechImpact & Social GoodMedical Devices

Nimble Sciencenimblesci.comin

Nimble Science develops SIMBA Capsule Kits that enable researchers and commercial partners to study the small intestinal microenvironment; the company offers discounted access to these kits in exchange for research data and provides regulatory and clinical support services.

AI & Machine LearningBiotechDigital HealthHealthtechMedical Devices

Co-investorsFirst Spark Ventures, LlcFusionStartup TNTUCeed FundsBoxOne VenturesSeventure Partners

Orpyxorpyx.comin𝕏

Orpyx develops a wearable system with smart footbeds, a receiver, and hub that provides real-time plantar pressure monitoring and alerts to help individuals with impaired protective sensation prevent foot ulcers and complications.

HealthtechIoTMedical Devices

Co-investorsAphelion CapitalNext VenturesRelentless Pursuit Partners

PayShepherdpayshepherd.comin

PayShepherd enables capital and maintenance project execution through continuous improvement methodologies.

AI & Machine LearningConstruction TechEnterprise SoftwareFintechSaaS

Wes Sessenwein(CEO and Co-Founder)

Co-investorsAccelerate FundInovia Capital

PhenoTipsphenotips.comin𝕏

PhenoTips develops software tools for genomic care that enable patients, doctors, and researchers to collaborate on diagnosis and treatment of genetic conditions.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesSaaSToronto, CA

Pawel Buczkowicz(Chief Operating Officer)

Co-investorsOntario Centre of InnovationOntario Centre of Innovation programsToronto Innovation Acceleration PartnersGreenSky Ventures

Provisionprovision.ioin

Provision provides a centralized platform for enterprise operations to manage compliance, risk, and frontline data capture across multiple locations and programs.

AgTechEnterprise SoftwareFoodTechSaaS

Co-investorsVoyager CapitalOne Way VenturesSerra VenturesY Combinator

Quicklyhelloquickly.comin

Quickly provides supply chain financing solutions that enable suppliers to access capital quickly while allowing buyers to optimize payments through flexible terms.

Construction TechEnterprise SoftwareFintechSaaSCalgary, CA

Rehabtronicsrehabtronics.com
Reverb Therapeutics

Biotech company developing approaches to enhance immune responses in cancer treatments.

Co-investorsInBC Investment Corp.

Soma Detectsomadetect.comin𝕏

SomaDetect makes sensor hardware and AI-driven analytics that give dairy farmers real-time data on milk quality and herd health.

AgTechAI & Machine LearningHardwareIoT

Bharath Sudarsan(CTO & Founder)Nicholas Clermont(COO & Founder)David Blyth(CEO)

Co-investorsCavallo VenturesiGan PartnersThe 51 Ventures

StellarAlgostellaralgo.comin𝕏

StellarAlgo offers a customer data platform (CDP) built for sports teams that consolidates fan data, enables no-code audience segmentation, and automatically pushes fan segments to marketing and sales channels to grow ticket sales and reduce churn.

AI & Machine LearningData & InfrastructureMarketing TechSports Tech

Vincent Ircandia(Founder)inSean Fynn(Co-Founder & Chief Technology Officer)inVince Ircandia(Founder & CEO)Joseph King(Co-Founder & Chief Operating Officer)

Co-investorsAccelerate FundComcast VenturesBluesky Equities Ltd.InterGen Capital

Syantrasyantra.comin

Syantra develops the patent-pending Onco-ID platform for early cancer detection, using a biomarker and drug target discovery technology to support oncologists and pharmaceutical scientists in creating personalized, precision cancer treatments.

AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesCalgary, CA

Dr. Tina Rinker(Co-founder)Tina Rinker(Co-founder)Ken Fuh(Co-founder)Randy Moore(Co-founder)Bob Shepherd(Co-founder)

Co-investorsThe 51 VenturesUCeed Funds

Symendsymend.comin

Symend offers an AI and behavioral science engagement platform that automates enterprise debt collections by scoring customers, assigning delinquency archetypes, and delivering personalized outreach across email, text, IVR, and letters.

AI & Machine LearningEnterprise SoftwareFintechSaaS

Hanif Joshaghani(Founder)in

Co-investorsAngels of ManyFUSEInovia CapitalMistral Venture PartnersPlaza VenturesBoxOne Ventures+1 more

Tactile Orthopaedicstactile-ortho.comin

Tactile Orthopaedics develops high-fidelity surgical simulation models for orthopedic training, including knee arthroscopy simulators validated for surgical skill development.

Deep TechEdTechHardwareHealthtechMedical DevicesCalgary, CA

Co-investorsUCeed Funds

True Angletrueanglemedical.comin𝕏

True Angle Medical develops biofeedback technology for dysphagia (swallowing difficulty) treatment and rehabilitation.

Digital HealthHealthtechMedical Devices

Co-investorsStartup TNT

Ultimariiultimarii.comin

Ultimarii develops AI-powered solutions tailored for regulated industries including energy, utilities, and mining, helping professionals accelerate workflows and reduce regulatory friction.

AI & Machine LearningEnterprise SoftwareGovTechLegalTech

Doug Schweitzer(Co-Founder)inJosh Malate(Co-Founder)in

Co-investorsAlpaca VCCorigin VenturesScaleGood Fund LP (powered by TELUS)Staircase Ventures

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Thin Air Labs made?
Thin Air Labs has 30 tracked investments.
What stage does Thin Air Labs invest at?
Thin Air Labs invests at the Pre-Seed, Seed, Series A stages.
What sectors does Thin Air Labs focus on?
Thin Air Labs focuses on Biotech, Enterprise Software, Fintech, Healthtech, Impact & Social Good, SaaS, Sector Agnostic.
Where is Thin Air Labs located?
Thin Air Labs is headquartered in Calgary, CA.
Who does Thin Air Labs co-invest with?
Thin Air Labs most often shares deals with UCeed Funds, Accelerate Fund, ScaleGood Fund LP (powered by TELUS), among 40 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Andrew Browne, Co-Founder at Thin Air Labs. The Venture Builder

Between Meetings · Andrew Browne

Andrew Browne - Thin Air Labs - Telling It Like It Is - Peer Guidance

Peer Guidance / Telling It like It Is · Andrew Browne

James Lochrie - Thin Air Labs - Telling It Like It Is - Peer Guidance

Peer Guidance / Telling It like It Is · James Lochrie

Introducing The Thin Air Labs Fund with James Lochrie

Thin Air Labs - Building What's Next · James Lochrie

James Lochrie - Thin Air Labs - Telling It Like It Is - Peer Guidance | James Lochrie, Partner at Thin Air Labs, is my Telling It Like It Is guest on Nov.17, 9.30am MST. Thin Air Labs is an ecosystem studio that supports many... | By Peer Guidance - Purpose Before Profit

James Lochrie · facebook.com

Similar investors

Featured in lists