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Five Canadian Startups Innovating Right Now

Five Canadian Startups Innovating Right Now

Posted by PanamericanWorld on May 27, 2015

These are five of the hottest and most promising tech startups across Canada each month. The list is curated by Techvibes editorial staff and reflects who's making waves in our nation's tech ecosystem right now.

DreamQiiToronto

DreamQii, a robotics company based out of the DMZ at Ryerson University, recently led the highest grossing Canadian campaign in Indiegogo’s history, raising over $2.5 million to support the production of PlexiDrone.

The small, portable and sophisticated drone can be easily operated by a smartphone or tablet, enabling users to take breathtaking aerial photographs and videos. Started by a Ryerson aerospace engineering grad, DreamQii has grown to ten full-time staff and is planning on manufacturing PlexiDrone in Ontario.

GranifyEdmonton

Granify is a leading automatic e-commerce revenue optimization platform. Granify has developed technology that automatically converts more online shoppers by predicting, in real time, which shoppers aren’t going to purchase and providing contextual stimuli to help overcome objections.

The former Extreme Startups company announced earlier today that they just secured a $9 million Series A investment from Peter Thiel's Valar Ventures.

MagniWareToronto

MagniWare aims to change the way we think about accurately tracking wearables. They’ve developed an adhesive technology and implemented it into a patch, thinner than an iPhone 6 that can be easily stuck onto the skin, anywhere on the body, and reused.

To maintain the adhesive property, users can just wash the patch with soap and water. Describing it as a “second skin,” They plan to launch their product this fall.

MnuboMontreal

Mnubo is an Internet of Things data analytics company. Mnuboannounced earlier this month that it has raised a $6 million round of financing led by White Star Capital and including McRock Capital. Funds will be used to accelerate its IoT data science development and expand the commercialization of its SmartObjects analytics service.

Last year mnubo was named one of PwC's 10 Up-and-Coming Canadian Tech Companies and one of Deloitte's 15 Companies To Watch in Canada.

VideostreamKitchener

Founded by McMaster valedictorian Matt Gardner, Videostream has garnered more than 1.3 million users since launching 18 months ago. Videostream is ingeniously simple, and entirely practical.

The service allows users to wirelessly stream all manner of video files from a computer to a smart TV, and eliminates many of the compatibility and quality issues that plague the state-of-the-art televisions. Prior to Videostream, most smart TVs would only accommodate roughly 20 per cent of video file types.

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