Loading organizations...
§ Private Profile · Toronto, ON, Canada
Startup studio building and launching new ventures, identifying big problems with technology solutions, testing ideas, and spinning off companies with.
IDEAL is a startup studio that builds and launches new ventures by identifying significant problems with technology solutions, testing ideas in parallel, and spinning off promising concepts into independent companies with recruited teams. The organization focuses on leveraging entrepreneurship to address global challenges and foster successful businesses. Operating within a broader ecosystem, IDEAL benefits from the extensive experience of Idealab Studio, which has established over 150 companies, with more than 45 achieving IPOs or acquisitions across sectors like AI, robotics, and clean energy. This network also includes Idealab Arizona, a partner focused on co-founding ASU-affiliated startups in climate, medical, AI, and advanced manufacturing, launched in 2023. Prominent figures associated with the Idealab ecosystem include founders Jonathan Cohen and Bill Gross. Founding details for IDEAL are not publicly available.
IDEAL has raised $6.8M across 2 funding rounds.
IDEAL has raised $6.8M in total across 2 funding rounds.
IDEAL has raised $6.8M across 2 funding rounds. Most recently, it raised $3.8M Pre-Seed in July 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 26, 2022 | $3.8M Pre Seed | Adrian LI, Alpha JWC Ventures | Ciputra Group, Living LAB Ventures | Announced |
| Aug 30, 2017 | $3M Seed | Michael Hyatt, Mike Durland, Richard Hyatt | Scott Pelton | Announced |
IDEAL has raised $6.8M in total across 2 funding rounds.
IDEAL's investors include Adrian Li, Alpha JWC Ventures, Ciputra Group, Living Lab Ventures, Michael Hyatt, Mike Durland, Richard Hyatt, Scott Pelton.