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Innovacorp is a Halifax, Nova Scotia, Canada-based organization that supports and invests in emerging high-potential technology companies, particularly in early stages. It provides a range of resources, including strategic advice from experienced advisors like Entrepreneurs in Residence, and leadership to help tech entrepreneurs grow their businesses from concept to market. The organization's mandate involves fostering a robust innovation ecosystem within Nova Scotia by identifying and nurturing promising ventures across various technology sectors. Innovacorp aims to accelerate the commercialization of intellectual property and facilitate the scaling of local startups through its programs and extensive network. Malcolm Fraser was appointed President and CEO in October 2017, guiding the organization's strategic initiatives and investment decisions. Jevon MacDonald previously contributed to the mentorship and development of early-stage companies during his tenure as an Entrepreneur in Residence, joining in July 2007.
Key people at Innovacorp.
Innovacorp has 8 tracked investments across 8 companies. The latest tracked deal is $6.2M Pre-Seed in Planetary Technologies in March 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 17, 2022 | Planetary Technologies | $6.2M Pre-Seed | Apollo Projects, Innovacorp | — |
| Jul 9, 2019 | Carbide | $1.8M Debt / Other Equity | — | Concrete Ventures, HUB Angels, Panache Ventures |
| Mar 12, 2019 | Cribcut | $1.1M Pre-Seed | — | David Wilson, Frank Sobey, TOM Hickey, Broken Glass Angels, Georgian Angel Network, Adam Mcnamara, Valhalla Angels |
| Feb 7, 2018 | Appili Therapeutics | $4.8M Debt / Other Equity | — | Andy Fillmore |
| Apr 24, 2017 | The Money Finder | $1.5M Seed | ROB Barbara | — |
| Apr 11, 2017 | Metamaterial Technologies | $8.3M Series A | Radar Capital | — |
| Mar 9, 2015 | Dash Hudson | $1.0M Seed | — | Gavin Uhma, Jevon Macdonald |
| Nov 1, 2012 | LightSail Energy | $37.0M Series D | Peter Thiel | Cervin Ventures, UP.Partners, Bill Gates, Vinod Khosla, Khosla Ventures |
Key people at Innovacorp.