ventureLAB logo — Powering hardtech founders to build & scale globally competi...

ventureLAB

Powering hardtech founders to build & scale globally competitive ventures that advance Canada's knowledge-based economy.

Founded 2011 Canada Markham, Canada 98 employees Grant Total: $14.70M

General Information

Company Name ventureLAB
Founded Year 2011
Location Canada Markham, Canada
Founders / Decision Makers
Team member
Employees 98
Funding Stage Grant
Social

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About ventureLAB

ventureLAB is a prominent player in Canada's hardware technology and enterprise software ecosystem, dedicated to fostering globally competitive ventures that drive forward the country's knowledge-based economy. The organization, established in 2011, boasts a leadership team comprising experienced entrepreneurs and business leaders committed to leveraging their extensive expertise in propelling IP-rich startups, scale-ups, and global multinationals.

Located at the heart of Ontario’s innovation corridor in York Region, Canada, ventureLAB is embedded within one of the nation's largest and most diverse tech communities, providing startups with an unrivaled environment for growth and collaboration. Its mission is to expedite the commercialization of groundbreaking products on a global scale, positioning Canada as a hub for transformative technologies.

Emphasizing its commitment to driving innovation, ventureLAB secured a significant $4.50M grant investment on 16 January 2024 from FedDev, underscoring the confidence of influential stakeholders in the organization's vision and strategic direction.

To learn more, visit their website to delve deeper into their impactful work in advancing Canada's technology landscape.

Business keywords: hardware technology, enterprise software, IP-rich startups, scale-ups, global multinationals, innovation, york region, tech community, commercialization, global scale, founder community, knowledge-based economy, startup, scale your business, transformational products

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $4.50M 1
FedDev
16 Jan 2024
Grant $1.00M 1
Ontario Centres of Excellence
13 Dec 2022
Grant $2.50M 1
FedDev
12 Apr 2022
Grant $1.70M 1
FedDev
07 Aug 2019
Grant $5.00M 1
FedDev
27 Jun 2019

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FAQ About ventureLAB

Powering hardtech founders to build & scale globally competitive ventures that advance Canada's knowledge-based economy.
ventureLAB was founded in 2011.
ventureLAB is headquartered in Markham, Canada.
ventureLAB has approximately 98 employees.
ventureLAB has completed 5 funding rounds, raising a total of $14.70M. The latest funding stage is Grant.
Top alternatives and competitors to ventureLAB include PickFans, Pikotek, Tanooki Labs, Ideate Systems India, GlamCorner. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ventureLAB and PickFans are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ventureLAB, https://bouncewatch.com/company/venturelab, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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