Calgary · Pre-Seed–Seed
Investment thesis
UCeed fills a critical funding gap between early-stage government grants and private sector investment by supporting technology-driven ventures that demonstrate capacity to diversify the regional economy, improve community health, and develop new talent pools. The fund prioritizes companies emerging from university research and innovation ecosystems, emphasizing the translation of discovery and invention into real-world impact across local, national, and global challenges.
Source: firm website, verified Aug 6, 2026.
What they invest in
from 54 of 93 portfolio companiesHealthtech ×27Medical Devices ×23AI & Machine Learning ×16Digital Health ×15Hardware ×12Biotech ×10Deep Tech ×10Cleantech ×6
HQs:Canada×31United States×3Singapore×1
Who they back
founder profiles across 29 portfolio companiesFounding team size:solo founder×112 founders×123 founders×54+ founders×1
Where their founders studiedfrom 25 founders with education data
University of Calgary ×4University of Waterloo ×4University of Alberta ×3University of Toronto ×3Ivey Business School at Western University ×2McMaster University ×2University of British Columbia ×2University of Victoria ×2
Where their founders worked beforefrom 28 founders with career history
Alberta Health Services ×5University of Calgary ×4Centech Mtl ×2Creative Destruction Lab ×2Qualcomm ×2
Accelerator rootsportfolio companies that came through a program
5 founders hold a PhD · 5 hold an MBA (of 25 with degree data)
Investments · 93 tracked
founders shown can be your intro pathBy year:2024 · 12023 · 12 dated
Reduces energy consumption and improves building energy efficiency through nano-thin window coatings.
Canadian robotics company building autonomous, vision-guided robots that pick, trim and pack mushrooms on commercial farms.
Co-investorsBDC Fund Investments (Fund-of-Funds)BDC Industrial Innovation Venture FundBDC Venture CapitalEmmertechInBC Investment Corp.Stray Dog Capital+3 more
Commercializing a novel, fast-acting, orally delivered compound for the treatment of acute and chronic asthma.
AgGene develops plant traits using genome editing for agricultural improvement.
AgTechBiotechAlberta, CA
Logan Skori(CEO)inSarah(Founder)
Co-investorsStartup TNTTall Grass VenturesBoxOne Ventures
Albus Health develops clinically validated monitoring technology that tracks respiratory metrics, heart rate, and cough frequency to support clinical studies.
BiotechDigital HealthHealthtechMedical Devices
Prof Maarten De Vos(Head of R&D)
Co-investorsCreative Destruction Lab (CDL)Meridian Health VenturesParkwalk Advisors
Improves access to dermatology-backed skincare information through mobile app and B2B services for various skin conditions.
Altiroenergy develops clean energy solutions, though the specific products or services are not detailed on the about page.
CleantechClimate TechEnergy
Samson Bowen-Bronet(Chief Executive Officer)Martin Aralov(Chief Technology Officer)Nic Pinkerton(Chief Operating Officer)
BoardProf. Jeff Bergthorson(Chief Scientific Advisor)
Co-investorsCreative Destruction Lab (CDL)HAXBoxOne Ventures
Comprehensive platform helping families find trusted and rigorously vetted caregivers for seniors and individuals with disabilities.
Developing a proprietary Large Acoustic Model that can screen for wellness indicators and medical conditions using recorded speech.
Amplifier Health provides a Voice Intelligence API that analyzes acoustic biomarkers from voice samples to enable non-invasive health screening.
AI & Machine LearningDigital HealthHealthtechMedical Devices
Co-investorsCartan Capital
Areto Labs offers a responsible AI platform that combines human judgment with AI to detect and filter harmful online content such as hate speech and technology-facilitated gender-based violence, helping global brands and public figures build safer digital communities.
AI & Machine LearningCybersecuritySaaS
Lana(Co-founder)Kasey(Co-founder)Jacqueline Comer(Co-founder)in
Co-investorsCreative Destruction Lab (CDL)Edmonton UnlimitedScaleGood Fund LP (powered by TELUS)Startup TNTThe 51 VenturesUCeed+1 more
Aslan Renewables installs modular hydropower systems beside existing dams and water-control structures in North America, converting managed water flow into always-on clean electricity for communities, industry, and grids.
CleantechClimate TechEnergy
Auctus Surgical develops medical device technology to treat children's scoliosis, a pediatric spinal deformity.
HardwareHealthtechMedical Devices
John Ashley(Co-Founder & CEO)Murali Kadaba(Co-Founder & Chief Science Officer)Dillon Kiwat(Co-Founder & Senior R&D Engineer)Damien Shulock(VP Research & Development)in
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 VenturesThin Air Labs+3 more
Brave provides motion-detection sensors for bathrooms and washrooms in residential and community facilities to detect individuals in distress or requiring assistance.
Digital HealthHealthtechImpact & Social GoodIoTSaaSVancouver, CA
Gordon Casey(Founder)inTamara WojdyloinOona KrieginMario Cimet(CTO)in
B2B SaaS streamlining estate planning and settlement processes for funeral homes.
Co-investorsCo.Labs
Cellar Insights develops predictive models to help potato growers optimize storage conditions, increasing crop quality and marketable yield while reducing post-harvest losses.
AgTechAI & Machine LearningData & InfrastructureFoodTechIoT
Ross Culberson(Co-founder)inTerry(Co-founder)
Co-investorsAccelerate FundTall Grass VenturesVerdex CapitalCarrot VenturesSVG Ventures | THRIVEUCeed
Child Health Imprints develops IoT devices and AI-driven predictive analytics software for neonatal intensive care units, including a bedside surveillance device (NEO), a NICU workflow platform (iNICU), and a post-discharge child growth tracking product (iCHR).
AI & Machine LearningDigital HealthHealthtechMedical DevicesSingapore, SG
Harpreet Singh(Executive Officer, Director, Promoter)Ravneet Kaurin
Co-investorsCreative Destruction Lab (CDL)Saltagen Ventures
Created a renter-centric technology to help those involved in the rental market navigate challenges.
Improving stroke patient outcomes through clinically validated StrokeSENS technology using AI-assisted advanced imaging methods.
Cohesic provides decision intelligence products that integrate with healthcare IT systems to support clinical decision-making through data analysis and workflow solutions.
AI & Machine LearningDigital HealthHealthtechCalgary, CA
Co-investorsCreative Destruction Lab (CDL)Pallasite VenturesThin Air Labs
CURA develops electrochemical technology to reduce the process CO2 emissions released during limestone calcination in cement production.
Advanced ManufacturingCleantechClimate TechDeep Tech
Co-investorsAmplify CapitalInnovation UBCZacua Ventures
Developing cosmetic surgery software that uses artificial intelligence and high-resolution facial shape models for accurate surgery planning.
Difinity develops medical devices and technologies focused on emergency medication delivery and needle safety.
HealthtechMedical DevicesVancouver, CA
David Kim(CEO)inDamien Tak(CTO)Larry Murphy(Chief Regulatory Officer)in
Co-investorsScaleGood Fund LP (powered by TELUS)Startup TNT
Reduces the amount of energy needed for mineral processing and can economically remediate legacy mine sites.
Ekstera develops Stirling engines that convert industrial waste heat into electricity, serving manufacturers seeking to reduce energy costs and carbon emissions.
Advanced ManufacturingCleantechClimate TechEnergyOntario, CA
Brendan MacDonald(Founder)in
Co-investorsInnovative Solutions Canada
Elements Athletics builds AI tools for sports officials, including Mic'd Up, which records, transcribes, and analyzes referees' in-game communication for self-reflection and mentor-guided development, and Evaluator, which digitizes officiating evaluation forms across seven sports and links them to an official's development record.
AI & Machine LearningSaaSSports Tech
Co-investorsStartup TNT
Provides web-based and research-backed programming that teaches elementary school children essential skills for maintaining mental health.
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 LLCThin Air Labs
Glidance makes Glide, an intelligent primary mobility aid for people who are blind or have low vision, using patent-pending Agentic Wayfinding technology to physically guide users around obstacles and describe their surroundings in complex pedestrian environments.
AI & Machine LearningHardwareHealthtechSeattle, US
Amos Miller(Founder & CEO)in
Co-investorsAggie Angel NetworkBreak Trail VenturesQuorum Capital Partners
Provides a unique search engine and direct line for people in urgent need of social and health services in the community.
HelpWear develops HeartWatch, a medical-grade ambulatory ECG monitor with a novel dry-electrode design for extended wear in cardiac arrhythmia detection and patient monitoring.
Digital HealthHardwareHealthtechMedical DevicesToronto, CA
Andre Bertram(Founder/CEO)inDr. Derek Exner(Co-Founder / Chief Medical Officer)inScott Klein(Chief Executive Officer)in
Co-investorsGarage CapitalPallasite VenturesSaltagen VenturesY CombinatorEarl Grey Capital
Hi Finance provides financial guidance and support to students, beginning with grants for tuition costs and expanding to money management education.
EdTechFintechEdmonton, CA
HONE Athletics provides a digital platform for sports leaders and coaches to support athlete mental wellness and build high-performing team cultures.
Mental HealthSports TechWellness & Fitness
Paula McQuaid(Co-founder & In-House Research Lead)inJessica Renney(Co-founder)in
Hyperlume develops copper interconnect and Active Electrical Cable (AEC) connectivity solutions supporting data rates from 100G up to 1.6T for data centers and AI deployments.
Deep TechHardwareSemiconductorsOttawa
Charles Lesperance(Director)Hossein Fariborzi(President, Treasurer and Chief Technology Officer.)Mohsen Asad(Chief Executive Officer and Corporate Secretary.)
Co-investorsArcTern VenturesLG Technology VenturesSOSV
Immigrant Services Calgary is a nonprofit organization providing settlement and integration services to newcomers in the Calgary community, helping them establish themselves in their new environment.
GovTechImpact & Social GoodCalgary, CA
Impact Society develops training and programs focused on promoting positive mental health and resilience among young people, emphasizing prevention and intervention at critical developmental stages.
EdTechImpact & Social GoodMental HealthSocial
Christopher Primeau(CEO)in
Works with organizations to create more inclusive and accessible spaces for everyone using universal design principles.
Created the world's first wireless TV that operates inside an MRI scanner to improve patient comfort during exams.
Commercializing groundbreaking trauma and surgery devices like the AbClo to create better patient outcomes and reduce surgery times.
Co-investorsTofino Capital
Chip design company developing ultra-low-power analog processors to enable energy-efficient artificial intelligence.
Charitable organization empowering educators and students with understanding and appreciation of math, emphasizing equity in Canada and the United States.
JUMP Math is a nonprofit that provides math curriculum, lesson plans, and classroom resources for educators and families to help students in grades K-8 master mathematics.
EdTechImpact & Social Good
John Mighton(Founder)in
Revolutionizing food-rescue operations by connecting excess food to those who need it while fighting poverty and reducing food waste.
KnowHow converts a company's operating standards into structured, role-based training paths and tracks which workers are competent and job-site ready.
AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSaaS
Co-investorsColopl NextStartup TNT
Litus develops advanced chemistry and nanotechnology solutions to address energy challenges.
CleantechDeep TechEnergyNew MaterialsCalgary, CA
Dr. Nafie(Founder)Dr. Vitale(Founder)Dr. Pereira-Almao(Founder)
Co-investorsMaRS Investment Accelerator Fund (IAF)Startup TNT
Empowering people with chronic digestive and inflammatory diseases to take control of their health through an online platform developed by medical professionals.
Co-investorsThe FirehoodUCeed
Marlow makes organic, toxin-free and sustainable period care products designed for menstruating consumers.
ConsumerDirect to ConsumerFemTechCanada, CA
Nadia Ladak(Founder)in
Co-investorsConnecticut InnovationsOntario Centre of InnovationOntario Centre of Innovation programs
Developing a solution for post-surgery abdominal adhesions, a potentially life-threatening complication affecting hundreds of thousands of patients annually.
MeepMeep provides tracking hardware and monitoring software for senior care environments, letting caregivers locate misplaced items in seconds and receive wander-detection alerts when residents leave safe areas.
HardwareHealthtechIoT
Co-investorsStartup TNT
Automating the science of leadership development through a digital platform providing personalized training backed by research.
Bridges the gender data gap in health research by offering inclusive, female-focused health tracking services.
Renee Kokts-Porietis(Founder)in
Zenbase is Canada's financial health platform that enables renters to build credit through rent reporting and offers flexible, bi-weekly-aligned payment options.
FintechPropTechWellness & FitnessCanada, CA
Co-investorsGarage Capital
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
Sabina Bruehlmannin
Co-investorsFirst Spark Ventures, LlcFusionStartup TNTThin Air LabsBoxOne VenturesSeventure Partners
Developing multimodal therapeutics to address the complexity of immune diseases and break the cycle of trial-and-error treatment failures.
North Vector Dynamics is a Canadian defence technology company developing precision interception, autonomy, and advanced propulsion systems, including counter-UAS solutions and hypersonics.
Deep TechDefense TechHardwareCalgary, CA
Paul Ziadé(CEO)in
Co-investorsACADEMY INVESTORAIN VenturesNorthside VenturesOne 9 InvestmentsVanedge CapitalVanedge Capital Limited Partnership
Northernmost develops machines to preserve and transport human organs for transplant, including the NoMo Kidney Pump for continuous kidney perfusion from donor to recipient.
HardwareHealthtechMedical Devices
Developing a focused ultrasound system for the treatment of neurological and psychiatric disorders.
NovusTX Devices develops therapeutic ultrasound technology for clinical medical applications, particularly focusing on minimally invasive brain therapies using HIFU (high-intensity focused ultrasound).
BiotechDeep TechHealthtechMedical DevicesCalgary, CA
Laura Curiel(President, Chief Executive Officer)inSamuel Pichardo(Vice President, Scientific Development)Sagid Delgado(Chief Technology Officer)
Integrates employment-based recovery into addiction treatment, emphasizing the importance of meaningful employment in sustaining long-term recovery.
Oncoustics develops ultrasound-based artificial intelligence and machine learning solutions for cancer detection and liver disease characterization, serving clinical researchers and healthcare providers.
AI & Machine LearningDigital HealthHealthtechMedical DevicesToronto, CA
Ahmed El Kaffas(Founder)Beth Rogozinski(CEO)in
Co-investorsCreative VenturesPallasite VenturesSaltagen VenturesSony Ventures Corporation
Leading the world's transition to a more sustainable food system starting with cell-based milk products that create milk without cows.
Opalia produces cell-based milk made from cow mammary cells cultivated in bioreactors, using a proprietary continuous lactation process to create dairy products without cows.
BiotechClimate TechFoodTech
Co-investorsSustainable Food VenturesBig Idea VenturesBoxOne VenturesMaRS
Ora Medical supplies medical equipment including the Levity, a device for which they provide funding guidance and reimbursement resources to help patients navigate insurance coverage and alternative financing options.
AI & Machine LearningDigital HealthHealthtechMedical Devices
Sarah LambertinLouis St-Pierrein
Co-investorsFront Row Ventures
National initiative accelerating the creation of deeply affordable homes by uniting public, private, philanthropic, and social profit partners.
Front-runner in techbio industry developing software to improve predictive insight into disease and increase the pace of biomedical research.
PulseMedica develops femtosecond laser technology for imaging and treating vitreoretinal eye conditions, building medical devices aimed at improving care for patients with retinal diseases.
Deep TechDigital HealthHealthtechMedical Devices
Nir Katchinskiy(CEO & Co-founder)inEric Martin(COO & Co-Founder)inAbdulhakem Elezzabi(Co-founder)Thas Yuwaraj(CTO)in
Co-investorsAccelerate FundEdmonton UnlimitedSaltagen VenturesScaleGood Fund LP (powered by TELUS)Startup TNT
PurposeMed is a physician-led telehealth company that builds branded services connecting patients with specialist clinicians for remote care, including PrEP, adult ADHD diagnosis and treatment, and gender-affirming care and hormone therapy.
Digital HealthHealthtechWellness & Fitness
Husein Moloo(Co-founder & CEO)inPete MacLeod(Co-founder & COO)inAmaan Banwait(Co-founder & CCO)inCaley Shukalek(Chief Medical Officer)in
Co-investorsPanache VenturesTrue North FundUCeed
QualisureDx develops diagnostic tests using machine-learning and molecular analysis to identify unique cancer properties and guide personalized treatment decisions for oncologists.
AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesOrlando, US
Oliver Bathe(MD, Surgical Oncologist)in
Co-investorsStartup TNT
Developing a shoulder implant to treat patients suffering from massive, irreparable rotator cuff tears.
RetinaLogik makes the RVF200, a portable visual field testing headset that runs core eye exams including visual field, color vision, and acuity for use in ophthalmology and optometry clinics.
AI & Machine LearningDigital HealthMedical Devices
Dr. Sarhan(Founder)
Co-investorsAllied Venture PartnersFront Row VenturesHaloHealthScaleGood Fund LP (powered by TELUS)
SBQuantum develops diamond-based quantum magnetic sensors and magnetic mapping solutions using Nitrogen Vacancy (NV) diamond magnetometry.
Deep TechDefense TechQuantum ComputingSherbrooke, CA
Co-investorsQuantonation
Shoelace (also branded as Dreamscape) is an adaptive learning platform that presents rigorous reading comprehension practice as a game to build reading stamina and accelerate literacy growth.
AI & Machine LearningEdTechGaming
Co-investorsBrass Ring VenturesConcrete VenturesSamsung NextEndeavor Catalyst
Revolutionary infant spinal tap positioning solution that can improve first attempt success rates in spinal tap procedures.
Reimagining live performances through an integrated web-based platform allowing businesses and venues to collaborate with artists.
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
Tina Rinker(Co-founder)Ken Fuh(Co-founder)Randy Moore(Co-founder)inBob Shepherd(Co-founder)
Co-investorsThe 51 VenturesThin Air Labs
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-investorsThin Air Labs
Trexo develops a robotic device that enables children with cerebral palsy and other mobility disabilities to walk independently at home.
HealthtechMedical DevicesRoboticsToronto, CA
Manmeet Maggu(Founder/CEO)inRahul Udasi(Founder)in
Co-investorsFoundersGeekdomkineo financeSocial StartsTechstarsY Combinator
Medical technology company developing unique at-home solutions for disorders affecting an aging market.
ViTAA offers the AiORTA Suite, a cloud-based platform that uses explainable AI to analyze CT scans and map the strength and weakness of aortic aneurysm tissue.
AI & Machine LearningHealthtechMedical Devices
Randy Moore(Co-founder)in
Co-investors3CC | Third Culture CapitalHouston Angel Network
XN Health develops a medical device that uses phrenic nerve stimulation to prevent ventilator-induced lung injury in mechanically ventilated patients by inducing diaphragm contractions.
BiotechDeep TechHardwareHealthtechMedical DevicesNewark, US
Elizabeth Jaworski(Co-Founder & CEO)inLance Black(Co-Founder & CMO)inRon Mills(CCO)in
Co-investorsUCeedAtlanta Technology Angels
Xploro is a pediatric digital health company whose platform uses AR, games and an AI avatar to prepare children for hospital treatment.
Co-investorsBoomerang VenturesGC AngelsJumpstart Ventures
Yaletown is a venture capital firm that invests in technology companies aiming to modernize industries and support a sustainable future.
Co-investorsKensington Capital Partners LimitedVerdex Capital
Financial technology company helping renters manage housing costs and build financial health through split rent payments and financial wellness tools.
Developing therapeutics for the treatment of chronic pain targeting a recently discovered biological process abnormally activated in chronic pain conditions.
Portfolio news
latest coverage across their companiesCellar Insights · manitobacooperator.ca · Apr 12, 2026
Trexo Robotics · trexorobotics.com · Mar 30, 2026
PurposeMed · ucalgary.ca · Jan 12, 2026
4AG Robotics · therobotreport.com · Jul 30, 2025
Ayrton Energy · marsdd.com · Jul 18, 2025
Frequently asked questions
- How many investments has UCeed Funds made?
- UCeed Funds has 93 tracked investments, including 1 dated in the last 24 months.
- What stage does UCeed Funds invest at?
- UCeed Funds invests at the Pre-Seed, Seed stages.
- What is UCeed Funds's typical check size?
- UCeed Funds typically writes checks of $25K – $300K.
- What sectors does UCeed Funds focus on?
- UCeed Funds focuses on AgTech, AI & Machine Learning, Biotech, Cleantech, Cybersecurity, Deep Tech, Digital Health, EdTech, Fintech, Impact & Social Good, Medical Devices, Mental Health, Quantum Computing, Robotics, SaaS.
- Where is UCeed Funds located?
- UCeed Funds is headquartered in Calgary, CA.
- Does UCeed Funds lead rounds?
- UCeed Funds typically participates in rounds rather than leading them.
- Who does UCeed Funds co-invest with?
- UCeed Funds most often shares deals with Startup TNT, Creative Destruction Lab (CDL), Thin Air Labs, among 77 tracked co-investors.
Media · Podcasts & interviews
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