Recently, Cyclica, a CCAA investment enterprise of Zhongguancun Dahe Capital, was named one of the top 100 companies in the AI field in 2019 by the well-known magazine Analytics Insight. Also on the list are Google AI, IBM, Amazon Web Services, Salesforce and Chinese companies such as Shangtang Technology, Yitu Technology and Face++.
▲ Scan the code to browse the global top 100 enterprises in the AI field
A total of 11 enterprises in the field of health care were nominated in this selection. Including DeepMind, Zymergen, Freenome, Owkin, InSilicon Medicine, Atomwise, etc. Cyclica is one of them and the only medical enterprise in Canada. There are four other Canadian companies on the list, including Element AI, Automat.ai and integrated AI and Sportlogiq fully prove that Canada’s high-tech startups in the field of artificial intelligence can and have become world-class in all AI covered industries, including medical care.
Founded in 2013, Cyclica is a globally recognized biotechnology company headquartered in Toronto, Canada. The company uses artificial intelligence, computational biophysics, and biological data to reshape the drug discovery process, help pharmaceutical companies evaluate the safety and effectiveness of drugs, and optimize drug discovery pipelines. Cyclica’s proprietary structure based and AI enhanced drug discovery platform includes Ligand Design for multi intent and multi target drug design, and Ligand Express for off target analysis, system biological links, and structural drug genomics insights. Ligand Design and Ligand Express can be designed together to design advanced lead like molecules, so as to minimize unnecessary miss target effects, and comprehensively understand the molecular activity through integrated system biology and structural drug genomics.
You can understand that the Ligand Express platform provides a unique panorama of small molecules by identifying expected target and non target interactions, as well as unexpected interactions. Biophysical methods allow the system to go beyond conventional binding/active sites to consider new interaction and allosteric sites. This is impossible for artificial intelligence to predict only based on known information. It is worth mentioning that since its full launch in November 2017, the Ligand Express platform has been used by some of the world’s top 50 pharmaceutical companies.
Previously, Mr. Naheed Kurji, the founder of Cyclica, mentioned in an interview with WuXi AppTec that the main advantage of AI lies in its ability to significantly improve the speed of innovation and reveal new ideas and trends, which is very important. The amount of data and literature on disease biology is so huge that no scientist can read and understand them all. Through artificial intelligence, these information can be filtered to present the content related to scientists, and can be more effective than any independent scientist in information inference and prediction.
In drug research and development, AI helps to design better clinical trials and stratify different patient cohorts in a more organized way. Artificial intelligence will mainly affect the application of personalized drugs and pharmacogenomics. The biggest theme is that AI algorithms will eventually increase drug discovery and development and bring better treatment results to patients. Cyclica’s goal is to revolutionize a system plagued by wear and tear and costly failures, accelerate the drug discovery process, and develop drugs with higher accuracy.
On May 28 this year, the international application service platform ApplyBoard, a CCAA angel round investment enterprise of Zhongguancun Dahe Capital, announced that it had completed round B financing of 55 million dollars. However, it is less than one year before it has completed the round A financing of 17 million US dollars.
On November 7, ApplyBoard sent another good news and was rated by Deloitte, one of the four largest accounting firms, as one of Canada’s 50 fastest growing technology companies. According to Deloitte’s statistics, from 2015 to 2018, ApplyBoard’s performance achieved a growth of 12525%, ranking first in the ranking.
Deloitte Technology Fast 50 ™ The selection was jointly initiated by Deloitte Touche Tohmatsu, Bank of Montreal, Canada, CBRE, a Canadian commercial real estate company, and a number of famous investment banks and fund companies. It has a history of 22 years and has been rated as Canada’s top technology award program. The program aims to encourage startups with rapid business growth, innovation and entrepreneurship to further develop.
In addition to the ranking category of the top 50 science and technology companies, there are also the top 15 fast growing enterprises (according to the percentage of revenue growth, the fastest growing enterprise level technology, media and telecommunications companies in the past four years) and the most noteworthy company award (an early Canadian science and technology company that has the potential to become a candidate for Deloitte’s top 50 high-tech high growth companies).
There are many dimensions to evaluate a company’s growth, but it is recognized by the most authoritative international audit company. ApplyBaird relies on its bold scientific and technological innovation, excellent entrepreneurship and strong support from its partners.
Successful cross boundary between science, technology and education.
ApplyBoard, founded in 2015 by Martin and his twin brothers, is an AI platform to help international students apply for education abroad in North America.
Martin（CEO） and his two twin brothers Meti Basiri (CMO), and Massi Basiri (COO)
ApplyBoard has brought unprecedented innovation to international education: its artificial intelligence algorithm will help applicants match the best universities and projects for studying abroad according to students’ educational background, learning plans, financial conditions and other key conditions. Applicants can submit applications from multiple schools online only by filling in one document. At the same time, ApplyBoard will carefully review and process each application through its structured review system, send perfect applications that meet the basic admission conditions to the cooperative colleges, and communicate with the schools until the students receive the official admission results.
In the past four years, ApplyBoard has helped more than 45000 international students from more than 100 countries apply for cooperation with more than 1200 North American cooperative colleges, including but not limited to universities, colleges, public education bureaus (K-12) and language schools in Canada and the United States. For partners in the Chinese market, ApplyBoard does not charge any service fee and shares up to 80% of the commission with partners.
Rapid development and remarkable achievements.
In 2016, ApplyBoard had only 16 employees, which increased to 70 by the beginning of 2018. At present, their employees have reached the scale of 180. It is located in Kitchener, Beijing, Nepal, Vietnam, the Philippines and India. In the past few years, the rapid development of the ApplyBoard team has prompted it to move its office twice. In April this year, ApplyBoard officially opened a 30,000 square foot headquarters in Kitchener, Ontario.
The 180 person team represents almost 20 different countries and spoken languages and has a 50/50 gender split. Source: ApplyBoard.
Financing is not inferior. In July 2018, the Company completed a round A financing of 17 million US dollars led by Artiman Venture; In May 2019, the round B financing of 55 million US dollars led by nthos Capital in California was completed.
Martin, the founder, once said in an interview: “I think one of the important reasons why we can attract investment is that we can not only solve the long-standing problem of the pain point of studying abroad, but also solve this problem very well, quickly and efficiently. Most of our employees are international students, so we can do this, we understand it, and our products are really effective.”
In addition to the 50 fastest growing technology companies in Deloitte Canada, in February this year, ApplyBoard, together with well-known enterprises such as IBM, Google and Blackberry, was included in the Blue Map of Artificial Intelligence Ecosystem in Waterloo, Canada by the Economic Development Committee, a non-profit organization in Waterloo; In June, the company was first nominated by the world famous independent media, recruitment and event company The PIE as the PIEoner of the year in 2019, and then by the world leading industrial platform EdTechX as the only education technology company in North America to be shortlisted among the world’s 20 “EdTechXGlobal Awards 2019 Scale Up category”; In July, PwC, the world’s four largest accounting firms, nominated ApplyBoard as the only six educational technology companies in Canada. With the goal of solving international education problems, ApplyBoard is on the fast track of international education development.
In November 2015, the first China Canada joint venture camp was opened in Beijing, and 14 founders and core teams of 10 start-up companies participated in a two-week study, inspection and exchange trip. This year is the fourth year. While many people are still questioning and waiting to see whether Canada is a fertile land for technology entrepreneurship and venture capital, CCAA and CAMP China Canada Joint Venture Camp have invested more than 41 early-stage technology start-ups in the United States and Canada for four consecutive years, with a cumulative investment amount of more than 10 million dollars. Among them, there are many star projects whose valuation has increased by 30 times.
On April 15, the fourth phase of the China Canada Joint Venture Camp opened in Shenzhen. Nine outstanding Canadian science and technology enterprises covering new energy, high-end equipment, nanotechnology, artificial intelligence, machine vision, medical health and other hard science and technology fields made a centralized appearance, opening a two-week learning exchange trip in China.
The picture is: Group photo of the opening of the 4th China Canada Joint Venture Camp
CAMP China Canada Joint Venture Camp is an international virtual accelerator program sponsored by Haidian Park Management Committee of Zhongguancun Science Park, OCE Ontario Center of Excellence, CCAA China Canada Angel Alliance and undertaken by Zhongguancun Dahe Capital. Every year, about 10 companies will be selected from hundreds of start-up projects in Canada to accept virtual incubation. The selected companies will receive equity investment from CCAA, up to 300000 Canadian dollars. In addition, the founders of the selected companies of CAMP plan will be invited to China to participate in a two-week entrepreneurship training camp. The content includes learning and communication with Chinese investors and excellent entrepreneurs, and visiting excellent domestic enterprises.
The picture is: Yang Jun, President of CCAA CAMP presided over the opening ceremony of the fourth China Canada Joint Venture Camp
On the day before the opening of the camp, at the Shenzhen International Championships, known as the “Innovation Olympics”, the fourth camper enterprise of CAMP China Canada Joint Venture CAMP Qidni, the world’s smallest blood purification system, the third camper enterprise Genecis, the environmental protection plastic microbial factory, and the fourth camper enterprise ultra-high temperature multi-functional sensor FIBOS competed with 137 high-tech projects from 10 innovation cities around the world, They won the first, second and third prizes respectively, becoming the biggest winner of this competition.
The picture is: Wang Tong, founding partner of Zhongguancun Dahe Capital, delivers a speech at the opening ceremony
Wang Tong, the founding partner of Zhongguancun Dahe Capital, thanked the guests who participated in the venture camp and said: Zhongguancun Dahe Capital is a venture capital fund committed to investing in the full life cycle of enterprises. Currently, it manages tens of billions of funds, including early angel funds, VC, Pre IPO and M&A master funds. Four years ago, we decided to carry out international innovation cooperation as a long-term task of Zhongguancun Dahe Capital. Because China, which has a huge market, rich industrial resources and strong industrial manufacturing capacity, has reached a new stage. It has enough capital and ability to go global, but China still lacks top-level and low-level scientific and technological innovation.
Canada has a bright high-tech, mature innovation ecosystem, good intellectual property protection, high-quality universities and top research institutions, and many complementary advantages with China. So we launched CAMP China Canada Joint Venture Camp, hoping to help Canadian innovation and entrepreneurship enterprises to open up a new market, make good use of China’s huge market and mature manufacturing capacity, and help China develop and improve science and technology better.
The picture is: Ms. You Ya, Director of Overseas Returned Entrepreneurship College (Shenzhen and Hong Kong), the European American Homecoming Association, delivers a speech
This CAMP China Canada joint venture camp was successfully opened in Shenzhen, which is inseparable from Galaxy, LinkedIn and the European and American Students Association Strong support from Overseas Returned Entrepreneurship College (Shenzhen and Hong Kong). With the mission of cultivating new industrial core, Galaxy LinkedIn has integrated a multi-level innovation service system of space operation, entrepreneurship incubation and equity investment. The two sides will also strengthen exchanges and cooperation in the future to jointly help overseas enterprises develop in China.
The picture is: Tom Cumming, Consul and Senior Commercial Commissioner of the Canadian Consulate General in Guangzhou, the People’s Republic of China, delivers a speech at the opening ceremony
Tom Cumming, Consul of the Canadian Consulate General in Guangzhou, the People’s Republic of China and Senior Commercial Commissioner, said at the opening ceremony: I know that the Canadian government strongly supports the CAMP China Canada Joint Venture Camp, because it can bring a lot of innovative cooperation, and further exchanges between Chinese and Canadian capital and enterprises, investors and entrepreneurs. I thank all parties for their unremitting efforts in this process. At the same time, I want to talk about what we can do for you? We can provide you with support on the Chinese market, get ready to enter China, tell you how to develop cooperation with Chinese partners and protect intellectual property rights, and provide you with some relevant industrial investment and association resources. Finally, I want to say that in your financing process, it is not the key to obtain capital, but to find a suitable partner.
Caption: Benton Leong, Executive Director of GTAN, shared at the opening ceremony
Benton Leong, the executive director of GTAN, as the representative of the Canadian entrepreneurial mentor, said: In the past, I often suggested that Canadian entrepreneurial enterprises: if you develop new products, you must not just focus on the Canadian market. You should go to the United States, go to Silicon Valley, and develop, because the speed of change for them is very fast. But now I will tell them that for the right enterprises, you should go to China (of course, not all enterprises are suitable for going to the Chinese market), because China has grown into a very powerful and mature business driving country in a short time. The Chinese market and Chinese capital can help you succeed. I also hope that in the next two weeks, you can learn from commercialization experts and venture investors, and achieve successful commercialization in China.
With the enhancement of China’s economic strength, China’s local capital is also seeking the path of international development. CAMP not only opens the door to the Chinese market for Canadian start-ups, but also provides an opportunity for Chinese start-ups to seek cooperation in North America. In the past four years, CAMP has organized three phases of China Canada joint venture camp activities, tutored and supported more than 40 overseas projects, organized visits to Baidu, Tencent, Huawei, Meituan, APUS, Plug and Play, BAIC New Energy and other large enterprises, participated in the training of dozens of famous investors, and successfully held several project roadshows and venture capital matchmaking meetings to help enterprises land in China and obtain investment.
In addition to capital, CAMP China Canada Joint Venture Camp pays more attention to the added value of capital. “Money also needs to have an added value. There is a reason why entrepreneurs should take money from China. If there is no industrial resources, human resources, or government relations, money is just money, and it is difficult to help enterprises.” This is what Wang Tong, the founding partner of Zhongguancun Dahe Capital, often said, and what CAMP China Canada Joint Venture Camp has always insisted on.
From April 15 to 28, the 12 founders and core personnel of 9 outstanding Canadian technology startups in the fourth CAMP China Canada Joint Venture Camp will carry out learning exchanges in Shenzhen and Beijing respectively. The specific itinerary includes visiting Tencent, Foxconn and Xinghe World, Shenzhen Stock Exchange Expo Center, Youbixuan, Dongxu Group, Chinese Academy of Sciences, BAIC New Energy and other outstanding enterprises were invited to Liu Xiaoying, founding partner of Eagle Fund, Zhao Chen, managing partner of Plug and Play, Tan Lin, CEO of Microsoft Global Accelerator in Beijing, Zhu Xiaocheng, founding partner of Zhenyun Venture Capital, Zhu Shengli, deputy general manager of Ziguang Zhanrui 5G business line, and Hu Xiaowei, general manager of Paifu intellectual property investment and operation, Hu Wenli, deputy general manager of Qingyan Science and Technology Venture Valley, served as a mentor for well-known investors and industry experts to share Chinese opportunities and venture capital for CAMP venture teams. It is also hoped that these two weeks will leave a seed in the minds of these overseas entrepreneurs. In the near future, they will be able to take root, sprout and grow continuously, and finally bear fruitful fruits in China and Canada.
On April 12, the finals of the third international competition of China Shenzhen Innovation and Entrepreneurship Competition, which attracted worldwide attention, came to a successful conclusion. In the competition against 137 high-tech projects from 10 innovation cities around the world, the fourth camper enterprise of CAMP China Canada Joint Venture Camp, Qidni, the world’s smallest blood purification system, won the championship, and the third camper enterprise, Genecis, the environment-friendly plastic microbial factory, won the second place, The fourth camper enterprise ultra-high temperature multi-function sensor Fibos won the third prize and became the biggest winner of the Shenzhen International Innovation Competition, which is known as the “Innovation Olympics”!
It is understood that the 3rd International Competition of China Shenzhen Innovation and Entrepreneurship Competition has set up 5 industry competitions, including Internet and mobile Internet (information technology), biology and life technology, electronic technology, advanced manufacturing, materials and energy (including energy conservation and environmental protection), and 3 professional competitions, including Internet of Things, artificial intelligence, and financial technology. The competition was officially launched on December 1, 2018, with a total of 1850 entries, setting a new record.
In March 2019, the competition held 10 overseas races in Sydney, Australia, Toronto, Canada, etc. 137 projects stood out and won the opportunity to participate in professional finals, industry finals and finals in Shenzhen. Finally, through the wonderful game between the finals of the three major professional competitions and the finals of the five major industries, 24 projects successfully got tickets to the final on April 12, and 10 projects won the final first, second and third prizes.
Liu Ke, a foreign academician of the National Academy of Engineering of Australia, and PeterE E., a academician of the Royal Academy of Sciences of New Zealand, were present at the finals 11 Chinese and foreign academicians and experts, including Lobie, Reza Moridi, an academician of the British Electrical Engineering Association, Yang Jun, an academician of the Canadian Academy of Engineering, and Tang Shuxian, an academician of the CAS Member, served as judges, building a high-end platform for entrepreneurs to communicate with internationally renowned experts and scholars. In addition, 60 public judges and 500 on-site audience witnessed a peak battle full of passion.
The final competition was divided into two parts: style display and virtual crowdfunding. In the end, Qidni, the world’s smallest artificial blood purification system, won the championship of the final competition and won a 1 million yuan prize; The third camper enterprise of CAMP China Canada Joint Venture Camp, Genecis, which can recycle organic wastes into biodegradable polymers of PHA, won the second prize, the fourth camper enterprise of CAMP China Canada Joint Venture Camp, Fibos, and the ultra-high temperature multi-function sensor won the third prize, becoming the biggest winner of this international competition.
Other enterprises in the top three include: the electronic technology industry in Sydney, Australia, the advanced manufacturing industry in London, Britain, as well as the materials and energy (including energy conservation and environmental protection) industry from London, England, the artificial intelligence industry in Berlin, Germany, the electronic technology industry in Silicon Valley, the Internet and mobile Internet (information technology) industry in Silicon Valley, America Materials and energy (including energy conservation and environmental protection) industry in Tel Aviv, Israel. It is worth mentioning that the judges of this competition showed great interest and appreciation for the project quality of this competition and believed that “this year’s project represents the international leading technology”.
As the biggest winner of this Shenzhen Entrepreneurship Competition, CAMP China Canada Joint Venture Camp is committed to building a cross-border ecosystem between China and Canada, and helps the development of startups in the form of joint investment, entrepreneurial mentor services and various overseas channel resources. Since its establishment in 2015, it has continuously tutored and supported more than 40 overseas projects to help overseas high-quality enterprises settle down in China and obtain financing.
From April 15 to April 27, the fourth CAMP China Canada Joint Venture Camp was held in Shenzhen and Beijing as scheduled, including the 12 founders and core personnel of the company of a total of 9 projects of the award-winning enterprises in the Shenzhen Entrepreneurship Competition, who started a two-week study and exchange trip. I also wish these enterprises will continue to grow in the near future and finally bear fruitful fruits in China and Canada.
From October 13 to 15, the fourth China “Internet plus” Undergraduate Innovation and Entrepreneurship Competition Finals opened in Xiamen. Premier Li Keqiang personally proposed to hold the competition, which was co sponsored by more than a dozen ministries, commissions and provinces, including the Ministry of Education. It has been successfully held for three times so far, and is the largest innovation and entrepreneurship competition in the world. The fourth competition received 2.65 million college students from 2278 universities in China, 640000 teams, and more than 600 teams from more than 50 countries and regions abroad.
After layer upon layer screening, a total of 10 overseas entrepreneurial teams recommended by Zhongguancun Dahe Capital and successfully promoted to the final, 9 teams officially participated, and 5 teams won the top 15 international track, among which FlexCap and BOCO technology won the first place and the second place respectively. The former successfully promoted to the championship competition of the final and won the third place honor. Generics, Mosaic and Pitstop were simultaneously ranked among the top 15 international track teams.
In view of the support for the 4th China “Internet plus” Undergraduate Innovation and Entrepreneurship Competition, the Organizing Committee hereby awarded Zhongguancun Dahe Capital “Excellent Organization Award”.
Zhongguancun Dahe Capital won the Excellent Organization Award of the Fourth China “Internet plus” College Students Innovation and Entrepreneurship Competition.
It is understood that the fourth competition will focus on launching a number of provinces, cities and parks with strong support for excellent entrepreneurship projects, docking high-quality international track competition projects that are intended to land in China, and assisting these projects to obtain better support from policies, funds and operation sites. This coincides with the original intention of Zhongguancun Dahe Capital to deeply cultivate the international venture capital ecology, to help overseas start-ups open the door to the Chinese market, and to seek opportunities for overseas cooperation for Chinese entrepreneurs.
Yang Jun, the overseas team of Zhongguancun Dahe Capital and president of CCAA China Canada Angel Alliance, was invited to make a keynote speech at the competition and mentioned that global integration, especially the integration of innovation, is the trend of the times. Therefore, both investment and entrepreneurship are becoming more and more globalized. CCAA is committed to building a cross-border ecosystem between China and Canada, helping the development of startups in the form of joint investment, entrepreneurial mentor services, and various overseas channel resources. It hopes that overseas entrepreneurs can find opportunities in China, expand business markets in China, and make friends with the Chinese ecosystem. Yang Jun sent a message to contemporary young entrepreneurs that they should have a global view, a global view, an international vision and a core competitiveness to create unique values in a larger market.
Yang Jun, President of CCAA China Canada Angel Alliance, was invited to speak.
In today’s globalization, the borders between countries are gradually weakening. From individuals to enterprises, a new round of connection and layout has already begun in the tide of globalization. In North America, Canada, ApplyBoard, an overseas study program invested by Zhongguancun Dahe Capital, has successfully entered Beijing, Shanghai, Zhengzhou, Xi’an, Chengdu and other cities. Motion Gestures, a gesture recognition company, has found strategic investors in China… In the wave of internationalization, it actively promotes international exchanges and cooperation in innovation and entrepreneurship, the learning and exchange of entrepreneur culture, the cooperation and complementarity of scientific and technological innovation, and deepens the international venture capital ecology, It is the cause that Zhongguancun Dahe Capital has been committed to.
f you are a start-up with world-class ambitions, please take a closer look at CAMP. It provides important connections through a group of wise mentors, which is not available elsewhere. Randall Howard, executive partner of VERDEXUS, said this about CAMP.
The picture is: Group photo of the guests and contestants at the opening ceremony of the third phase of the China Canada Joint Venture Camp
On March 23, the third phase of CAMP was opened in Beijing. In addition to the excellent entrepreneurial teams selected in CAMP3.0, some overseas teams selected in the final of Zhongguancun U30 also participated in the opening ceremony, starting a two-week “gold digging” trip in China.
The picture is: Yang Jun, Vice President of CCAA, presides over the CAMP opening ceremony
CAMP is an international virtual accelerator program jointly sponsored by Haidian Park Management Committee of Zhongguancun Science Park, Ontario Center of Excellence (OCE) and China Canada Angel Alliance (CCAA), and undertaken by Zhongguancun Dahe Capital. Each year, about 10 companies are selected from hundreds of start-up projects in Canada to receive virtual incubation. The selected companies will receive equity investment from CCAA, up to 300000 Canadian dollars, In addition, the founders of the company selected for CAMP plan will be invited to China to participate in a two-week entrepreneurship training camp. The content includes learning and communication with Chinese investors and excellent entrepreneurs, and visiting excellent domestic enterprises.
The picture is: Lin Jianhua, Executive Deputy Director of Haidian Park Management Committee of Zhongguancun Science Park
Lin Jianhua, Executive Deputy Director of Haidian Park Management Committee of Zhongguancun Science and Technology Park, visited the opening ceremony of the third phase of China Canada Joint Venture Camp and introduced the development status and future planning of the core area of Haidian Science and Technology Innovation Center to entrepreneurs from Canada in detail. Lin Jianhua said in his speech that Haidian is the core area of the national science and technology innovation center. As a pioneer of the national innovation driven development, it has cultivated a number of superior leading high-end industries, including the new generation of information technology, artificial intelligence, intelligent hardware, biomedicine, culture and technology and other high-end fields. Haidian will strive to take the lead in building a science city with global influence, accelerate the building of a higher level innovation and entrepreneurship demonstration zone, welcome innovation entrepreneurs from all over the world to Haidian District for development with an open mind and a good policy environment, and wish the China Canada Joint Venture Camp a complete success.
The picture is: Wang Tong, founding partner of Zhongguancun Dahe Capital
Wang Tong, founding partner of Zhongguancun Dahe Capital, said that China has achieved rapid development in the past 40 years and is now leading the world in many aspects, including intelligent manufacturing, biomedicine, big data and other industries. Wang Tong uses four M’s to describe the current China, Market, Manufacture, Money and Motivation by Chinese government. China’s innovation has entered a new stage, with more and better bottom innovation and top innovation. At this time, it needs to be in line with international standards and more global cooperation. Canada has a lot of world leading technologies. It hopes to introduce Canadian scientific and technological innovation into China, combine it with China’s huge market, and generate huge collaborative innovation. This is also the original intention of CAMP. It hopes that overseas entrepreneurs can find opportunities in China, expand business markets in China, and make friends with China’s ecosystem.
Title: Danielle Graham, representative of OCE Ontario Center of Excellence
Danielle Graham, representative of OCE Ontario Center of Excellence, said: OCE pays attention to cross-border cooperation and hopes that Canadian technology innovation leaders who come to China this year will gain in many ways. OCE is one of the most important early science and technology innovation enterprise support institutions in Ontario, Canada, supported by the government and public funds. As the core platform of Ontario’s cutting-edge technology, scientific research and technology commercialization, OCE serves many fields, including medical care, information and communication technology, digital media, high-tech materials and manufacturing, and aerospace. It is reported that CAMP3.0’s investment in this year’s project will increase to a maximum of 300000 Canadian dollars, and OCE will also make potential joint investment according to its project standards.
The project highlights the “gem” of Canadian science and technology.
Among Canada’s numerous industrial clusters, financial services, life sciences, clean technology and renewable energy, artificial intelligence, information and communication technology, and advanced manufacturing are regarded as competitive industries. The entrepreneurial team of CAMP this time mainly focuses on artificial intelligence, new materials, environmental protection technology, intelligent manufacturing and other fields. For example:
At the beginning of the year, BOCO Technology completed a new financing of 3.5 million Canadian dollars. Using its patented technology and manufacturing process, it can extract a kind of nano biological material called chitin nanowhisker (CNW) from crustacean biological shells such as shrimp and crab. Adding a small amount of it to other polymer materials can greatly improve the material performance, and has obvious advantages in environmental protection and price.
TeTechS has developed a new measuring scheme for plastic containers by using terahertz technology, which can conduct fast non-contact non-destructive testing for single-layer and multi-layer plastic bottles or containers at a high efficiency and low cost.
Sheba Microsystems, as the world’s first AFMEMS camera that uses image sensors to move, has raised the performance of micro cameras in ultra-thin, high-speed, high-precision and low energy consumption to a new height.
Logit AI, a data analysis engine developed by Logit, can find “clues” from users’ daily life styles and behavior patterns, predict and prevent physiological and mental health problems such as mental fatigue, injury, illness, etc.
Genecis is exploring ways to treat food waste with both economic and environmental benefits, which can transform food waste into raw materials with higher value, such as PHA (polyhydroxyfatty acid ester) bioplastics and fertilizers… These Canadian “gems” of science and technology are changing the world with science and technology.
Take Canada as the starting point and gradually set up the international signboard.
As far as the ecological environment of scientific and technological innovation, entrepreneurship and investment is concerned, Canada has developed economies, super large North American urban clusters, complete industrial supporting facilities, good support for property rights protection, high-quality universities and top research institutions, high-quality talents trained by the North American education and research system, diversified and leading entrepreneurial incubator and accelerator organization clusters, Various active and experienced investment institutions and investor groups, as well as government and non-profit organizations that provide a series of support for innovation, entrepreneurship and scientific research transformation. All these elements make Canada a hot area for global scientific and technological innovation and entrepreneurship.
The early birds in China, represented by the CCAA China Canada Angel Alliance, including the government, science and technology enterprises and the venture capital industry, have already stepped out of the early exploratory stage, started to integrate into Canada’s local mainstream science and technology venture capital ecosystem, and began to enjoy the “dividends” brought by in-depth exchanges.
Canada is just the starting point for Chinese capital that has already begun its international layout. The investment roadmap of China Canada Joint Venture Camp is based on Canada, starting from Canada to Silicon Valley, expanding to Israel, Germany, Japan and other countries and regions in the future, and eventually covering the world, so as to open the international signboard to support innovation and entrepreneurship.
It is understood that this year’s CAMP3.0 members will visit Shenzhen, Hong Kong and other cities in addition to Beijing for in-depth exchanges with local governments and enterprises. The specific itinerary includes visiting Meituan, Didi, Xiaomi, the Chinese Academy of Sciences, Tencent, Huawei and other outstanding enterprises, and inviting Zheng Gang, the founding partner of Zihui Venture Capital, Yang Ge, the founder of Xinghan Capital, Xu Yong, the angel growth camp, Li Zhu, the founding partner of Inno Angel Fund, Wang Tong, the founding partner of Zhongguancun Dahe Capital, and other well-known investors to serve as entrepreneurial mentors to share Chinese opportunities and venture capital for CAMP entrepreneurial teams.
When many people are still questioning and waiting to see whether Canada is a fertile land for science and technology entrepreneurship and venture capital, CCAA and CAMP China Canada Joint Venture Camp have invested more than 30 early-stage technology startups in the United States and Canada for three consecutive years, with a total direct investment of 5.26 million Canadian dollars, 2.025 million US dollars, or about 40 million Chinese dollars. 20 outstanding Canadian technology startups have been organized to study and exchange in Beijing and Zhongguancun, China’s science and technology innovation centers. Visited Baidu, Tencent, Sohu, Xiaomi China Internet Corporation, participated in the training of famous angel investors such as Liu Xiaoying, Xu Yong, Wang Tong, Zhang Yiqin, invited dozens of successful entrepreneurs as entrepreneurial mentors, and successfully held project roadshows and venture capital matchmaking meetings. As of January 2018, 10 start-ups have won various North American entrepreneurship awards, and nearly half of the projects have completed domestic resource docking or landing in China, or completed the second round of financing.
As an important measure to build a China Canada cross-border angel investment platform, CAMP not only opens the door to the Chinese market for Canadian start-ups, but also provides an opportunity for Chinese start-ups to seek cooperation in North America. The CAMP training camp greatly promoted Canadian entrepreneurs’ understanding of China, China’s entrepreneurial environment and China’s venture capital environment; At the same time, it brings new thinking and more understanding of North American innovation to Chinese entrepreneurs and venture capital circles.
Zhongguancun Dahe Capital North America Investment Project and CAMP3.0 Project Genecis won the championship of “Social Enterprise Exhibition and Entrepreneurship Competition” at the Discovery 2018 Exhibition.
At the beginning of May, the most important Canadian innovation achievement exhibition OCE’s Discovery 2018 was held in Toronto. This Canada’s premier innovation exhibition brings together the best people in the industry, academia, investment and government to show cutting-edge technologies and best practices in the fields of energy, financial technology, clean technology, environment, health care, digital media, information and communication technology.
Zhongguancun Dahe Capital North America invested enterprise and CAMP3.0 enterprise Genecis won the championship of “Social Enterprise Exhibition and Entrepreneurship Competition” at the Discovery 2018 exhibition.
It is understood that the “Social Enterprise Exhibition and Entrepreneurship Competition” is jointly held by the Ministry of Economic Development and Growth of Ontario and the Ontario Center of Excellence. It aims to provide enterprises with a more intuitive display channel, attract potential investors, and increase the attention of the society on social enterprises or enterprises with broad public welfare values, thus further improving the investment ecology of related industries and promoting the steady development of the industry.
The winner of the competition will receive a total reward of $20000, including a cash reward of $10000 provided by the Ontario Department of Economic Development and Growth and a special legal aid subsidy of $10000 provided by Norton Rose Fulbright Law Firm.
In 2017, the world’s food worth more than 1 trillion dollars was wasted. In addition to a small part of these foods being used for composting and biogas production, about 95% of them directly enter the landfill, which not only occupies a large amount of valuable land resources, but also releases 7% of global carbon dioxide emissions during food degradation.
Founded in 2016, Genecis is committed to exploring food waste treatment methods with both economic and environmental benefits. The company has developed a set of complete and efficient biological agent food waste recycling technology, which can transform food waste into raw materials with higher value, such as PHA (polyhydroxyalkanoate) bioplastics and fertilizer.
“We turned the food waste discarded by the restaurant every day into bio plastic products.” Luna Yu, founder of Genecis, said.
Genecis’s proprietary treatment process is precisely applied to some special functions of microorganisms in garbage treatment. Genecis uses some special kinds of bacteria in its two-stage process of transforming food waste into bioplastics. In the first process, a bacterium decomposes food waste into liquid volatile fatty acids (VFA), while the undigested solid part can be used as compost to produce fertilizer; Volatile fatty acids enter the second process, and another kind of bacteria intervenes to continue decomposition and form a particle called polyhydroxyalkanoate (PHA) in the cell. PHA granules can be collected by simply decomposing such cells.
PHA is a kind of completely degradable bioplastics, which is a research hotspot of biological functional materials in recent years. As an environment-friendly plastic, it is different from other degradable plastics that require certain conditions to degrade, but can be directly decomposed into carbon dioxide and water by microorganisms in the natural environment. In addition, PHA also has many adjustable material properties, which can be as hard as engineering plastics or as soft as rubber, so it has a wide range of application scenarios in many fields and has high economic value.
But cost is a big problem that limits its wide application. At present, the main raw materials for PHA production are sugarcane and corn, and the purchase cost accounts for almost half of the PHA production cost. If PHA can be continuously extracted from food waste, its cost will be greatly reduced.
Previously, Genecis had completed a small test of a 60 liter bioreactor at the University of Toronto. The results showed that for every 30 pounds of food waste, 1 pound of PHA granules and 8 pounds of fertilizer could be obtained. Next, the company will enter the test of 1000 liter reactor, and then start to establish its own experimental plant. Genecis has started to deal with food waste in cooperation with some large catering institutions.
In Toronto, a large restaurant needs to pay 15000 Canadian dollars a year to the garbage disposal company to dispose of food waste. Genecis charges these restaurants a cleaning fee of 15% below the market price. Since there is no need to spend extra money on landfilling, Genecis can get income from this part of the cleaning fee.
Then these food wastes are used as raw materials to produce PHA granules and fertilizers, bringing another source of income to the company. Since the price of PHA particles is more than 5 times that of ordinary plastic particles, this will also be a major revenue component of Genecis in the future.
“Our ultimate goal is to enable cooperative restaurants to enjoy the economic and environmental benefits brought about by technological change. By optimizing our processes to produce higher value products, we can improve product sales profits while reducing the fees charged to restaurants.” Luna said.
Genecis will face a huge market. Relevant data shows that the PHA market is expected to reach 30 billion Canadian dollars by 2020. With the improvement of environmental requirements in North America, some policies also provide opportunities for the rapid development of Genecis. For example, more than 20 cities in North America have issued bans on organic waste landfill.
Industries that produce a large amount of organic waste, such as restaurants, will face additional fines if they cannot reduce the output of organic waste. Genecis undoubtedly provides them with an economic and green solution.
“In the next five years, our cooperative restaurants will reach 2000, and the value of each ton of chemicals alone will exceed 4000 Canadian dollars/ton.”
Red Herring, the most influential investment magazine in Silicon Valley, recently released the list of 2017 Red Herring Top 100 GlobalWinners. The investment project of Zhongguancun Dahe Capital in North America and the first phase project of CAMP (China Canada Joint Venture Camp) Beagle were successfully listed, becoming one of the only two Canadian innovative enterprises in the global top 100 this year.
The Global Top 100 Red Herring Company aims to recognize the most forward-looking and influential technology company in the world this year. Beagle’s winning this award shows that it has been fully recognized by global authoritative investment institutions and media in China and even the world.
According to relevant media reports, Red Herring enjoys the reputation of “Silicon Valley Bible” in the investment community and is regarded as the world’s most famous Internet investment and technology media. It uses a unique perspective and profound insight to analyze and report scientific and technological innovation, financial strategies, industry dynamics, and enterprises and entrepreneurs with potential to promote industry and economic development. Its ranking is also known as the investment vane. The world’s Internet giants Google, eBay, Skype, etc. have all won the Red Herring Award in their early days, and domestic companies such as Alibaba, Baidu, Xiaomi, etc. have also won this award.
Since its inception, Red Herring has been famous for its professional reports on global technological innovation enterprises, entrepreneurs and leaders. Each year, it will select the most promising technology top 100 companies among private unlisted enterprises in North America, Europe, Asia and other regions for recognition. The selection criteria are very strict. The organizers used nearly 20 selection criteria to analyze the shortlisted companies, including social influence, brand influence, financial performance, innovation, management level, etc. Since its inception, Red Herring has never accepted sponsorship in order to avoid conflicts of interest. Therefore, the process of openness, fairness and equity has attracted innovative enterprises around the world to aspire to this highly valuable award.
Beagle was founded in 2014. The founder, Cian O’Sullivan, is a completely self-taught lawyer and computer technology expert. The company applies machine learning and natural language processing technology to document review, which can help enterprises effectively and accurately process various professional contracts and legal documents. For many enterprises, document review based on risk and compliance management is extremely time-consuming and laborious, and the related costs are also rising. And AI is changing all that. With the development of artificial intelligence technology, the application of document review is gradually increasing. Beagle, a start-up from Kitchener, Canada, is undoubtedly in the forefront of the world.
Now, with the help of machine learning and natural language processing technology, Beagle can establish the relationship between document information and regulatory systems through semantic analysis, and carry out corresponding cooperative reviews, reminders and instructions, report generation, etc. according to the company’s workflow. Beagle has become a world leading human intelligence document processing system company.
Beagle was successfully shortlisted for the first phase of CAMP (China Canada Joint Venture Camp). Together with the founders of nine other Canadian start-ups with great development potential, Beagle visited Beijing for 15 days and visited Tencent, Baidu, Xiaomi, Sohu, Microsoft, APUS, Zendi and other well-known companies.
CAMP is an international virtual accelerator program jointly sponsored by the Haidian Park Management Committee of Zhongguancun Science Park, OCE (Canadian Ontario Center of Excellence), CCAA (China Canada Angel Alliance) and Zhongguancun Dahe Capital. It aims to actively advocate innovation, entrepreneurship and cooperation exchanges with a global perspective, build an exchange and cooperation platform for investors and entrepreneurs from China and Canada, practically promote scientific and technological innovation cooperation and entrepreneurial culture exchanges between China and Canada, create an international innovation and entrepreneurship ecosystem, and serve the international lifestyle of innovation and entrepreneurship. So far, two sessions have been successfully held.
In the past, we often saw such scenes on TV or in the swimming pool: the coach was holding the stopwatch while observing the swimmers’ various states at the swimming pool. In some professional swimming teams in Canada, traditional training methods are being replaced by scientific and technological means.
Athletes only need a sophisticated headgear, and coaches only use a tablet computer, so they can simultaneously and real-time monitor various key training indicators of multiple athletes. These data are finally presented in an intuitive way, and coaches can take targeted improvement measures to make athletes swim faster.
This device is Triton, a startup in Waterloo, which is specially developed for swimmers. The first and most accurate data driven AI training equipment in the world.
Speaking of TritonWear, we should also start from the personal experience of its founder Tristan Lehari. Tristan Lehari once studied mechanical and electrical engineering at the University of Waterloo. During his school years, he was also a master swimmer in the university swimming team and once served as the team leader.
During the training, he felt that the efficiency of traditional training methods was too low. Both athletes and coaches felt that they needed to improve their training skills and methods. “We need a more intuitive and timely motion detection method, so as to improve the training effect more specifically,” Tristan told HiTech.
So he and his classmate Darius Gai integrated some sensors into the GoPro camera and wore them behind their heads during training, which can monitor some key indicators during swimming. This jigsaw puzzle is the prototype of the later Triton product.
This small device was praised by athletes and coaches after trial, which undoubtedly inspired Tristan and Darius to further develop this product. In 2014, they established TritonWear and developed a series of sensors integrated into a smaller and more streamlined device, which is now known as Triton.
The entire Triton system is a closed loop of SaaS services composed of hardware, communication modules, cloud, AI engines and terminals. Its core IP is an algorithm model with independent intellectual property rights. “The most powerful and unique part of our products is the AI engine and data processing capability,” Tristan said. According to him, TritonWear has accumulated data for two or three years to train its AI engine, and has a leading edge in time and data.
At the same time, the equipment has excellent waterproof function, and the communication module can effectively resist the interference caused by various factors such as water and movement, so the key indicators of athletes in swimming can be accurately monitored and captured. This performance is 4-5 times that of other similar sports products.
The way Triton works is that athletes fix Triton at the back of their heads through the bandage of swimming goggles. During training, key indicators such as speed, paddling, turning and breathing will be accurately captured by sensors. These data are uploaded to the cloud through the communication module. After that, its proprietary algorithm and AI engine will process these data and finally present them to the coach in an intuitive way.
Its benefits are also quite obvious. For coaches, Triton is equivalent to an assistant coach. It can monitor the training of up to 50 athletes at the same time. The automatically collected accurate data allows coaches to spend more time focusing on the swimming performance of athletes instead of stopwatches. At the same time, accurate and unbiased data can be accumulated continuously, which can enable coaches to propose targeted improvement suggestions for each athlete, and ultimately enable athletes to swim faster.
For athletes, Triton can simultaneously collect 12 key indicators such as swimming speed, turning, stroke frequency, stroke distance, swimming posture, and breathing mode. Regular tracking of these data and subsequent improvement will continuously improve the competitive level of athletes.
At the Rio Olympics last year, Triton made its debut on the world stage. During the Olympic Games, TritonWear made its debut on the world stage of social media, and cooperated with the famous swimming media SwimSwam to deliver post competition analysis for all swimming finals.
On this international platform, TritonWear demonstrated the insight gained by athletes and coaches in the process of technical training!
“Using TritonWear’s data makes athletes more efficient, not just training them, but ultimately making them faster.” Ben Titley, head coach of the Rio Olympics in Canada, said so about Triton last summer.
“I would recommend TritonWear to any swimming coach – this is the development direction of competitive sports.” When the Canadian Olympic swimming team returned from Rio last year, it brought back six medals, more than twice the number of the previous one.
As an AI and data-driven swimming training assistant, Triton has developed a new market in swimming training. At present, there are more than 130 swimming clubs and sports teams in 24 countries, and more than 1600 athletes are using Triton for daily training.
According to Tristan, Triton’s business model is $15 hardware rent+$5-25 software monthly fee. Existing users are very happy to pay, and the longest users have been paying for nearly 20 months.
Triton’s success has also made TritonWear popular in the capital market. Since its inception, the company has received an investment of $2 million, including a financing of $1 million after participating in CAMP last year. At present, TritonWear is seeking round A financing and plans to raise $5 million.
The new financing will help TritonWear further improve its AI engine capability, enable this AI assistant to give some guidance directly, and help coaches and athletes gain more insight. At the same time, TritonWear will also open up new markets and prepare to enter such fields as racing and bicycle training.
Hitech Canada, Canada’s first Chinese technology venture capital new media, made an in-depth report on Beagle in September this year. Because of its progressiveness technology and broad application scenarios, Beagle has also received a lot of attention in the capital market, not only becoming the first Canadian start-up of Microsoft Venture Capital Accelerator, but also receiving strategic investment from CCAA (China Canada Angel Alliance), NextLaw Ventures and other institutions. It is reported that Beagle will launch round A financing at the end of this year, with a target amount of 15 million dollars.
The largest annual innovation exhibition in Canada OCE Discovery 2017 ended in Toronto on May 16 local time. This year’s event attracted more than 3500 participants and more than 500 exhibitors. The most outstanding innovators and entrepreneurs from Ontario and Canada showed the visitors the latest innovations in advanced manufacturing, health care, energy and environment, communication technology, digital media, financial technology and other fields.
ZRC Zhongguancun Dahe Capital, CCAA China Canada Angel Alliance and Zhongguancun U30 participated in the Discovery Conference and announced the establishment of a US $30 million China Canada Direct Investment Fund&Industrial Research Institute. This means that leading technology enterprises and excellent investment institutions from Zhongguancun are keenly aware of and will deeply participate in the new landmark of scientific and technological innovation and entrepreneurship in North America – Canada’s vibrant and potential scientific and technological innovation and entrepreneurship market, including Ontario. As the outpost connecting Zhongguancun and North America in scientific and technological innovation cooperation and exchange, CCAA has started to make full efforts after nearly three years of exploration and practice.
Li Changping, Deputy District Head of Haidian District of Beijing and Director of Haidian Park Management Committee of Zhongguancun Science Park, attended the Discovery Conference and the sixth China Canada (Ontario) Research and Innovation Cooperation Forum held at the same time. She introduced the general situation and cooperation opportunities of Zhongguancun Haidian Park, and sincerely invited overseas talents and scientific and technological innovation projects to come to Haidian for innovation and entrepreneurship. She also attended the founding ceremony of China Canada Direct Investment Fund&Industrial Research Institute. As the core area of China’s science and technology innovation center, Haidian District undoubtedly plays the most important role.
Founding partner of ZRC Zhongguancun Dahe Capital, founder of CCAA China Canada Angel Alliance Liu Zhishuo, the initiator of Zhongguancun M&A Master Fund, said: “While many people are still questioning and waiting to see whether Canada is a fertile land for technology entrepreneurship and venture capital, CCAA and CAMP China Canada Joint Venture Camp have invested more than 30 early-stage technology start-ups in the United States and Canada for three consecutive years, with an investment amount of 7 million Canadian dollars. A total of 20 outstanding Canadian technology start-ups have been organized to learn and exchange in China’s science and technology innovation centers in Beijing and Zhongguancun. Among them, 10 start-ups have won various kinds of North American start-ups Industry awards. We believe that Zhongguancun’s investment institutions and Canadian technology start-ups represented by Ontario will continue to spark from success to excellence. “
As an annual event, Discovery Conference is hosted by Ontario Centers of Excellence (OCE). As an angel organization registered in Ontario in 2014, CCAA won the honor of Canada’s most active angel organization in 2015. For three years, CCAA has maintained a friendly and close cooperation relationship with OCE and participated in the Discovery Conference for three consecutive years. CCAA led many excellent invested start-ups such as cyclica, Sage Senses, Mosaic, Triton and Suncayr to participate in the exhibition.
Ontario Center of Excellence (OCE) is committed to promoting the commercialization of cutting-edge research in key market sectors to build the future economy and maintain Ontario’s global competitiveness. In this process, OCE promotes the training and development of a new generation of innovators and entrepreneurs, and is also an important partner of Ontario industry, universities, colleges, research hospitals, investors and government departments. As a leading cutting-edge technology, best practice and research institution, OCE invests in advanced medical, information and communication technology, digital media, advanced materials and manufacturing, agricultural products, aerospace, transportation, energy and environmental industries including water and mining.
In Ontario, the Toronto Waterloo region is part of the largest information technology cluster in North America outside the Silicon Valley of the United States, and one of the world’s leading start-up ecosystems. As Canada’s economic engine and national financial and manufacturing center, Ontario contributes 37% of Canada’s GDP. As far as talents are concerned, nearly half of Canada’s full-time R&D personnel work in Ontario, and the R&D expenditure invested by enterprises, universities, governments and foreign companies each year exceeds 14 billion Canadian dollars.
In fact, the early birds in China, represented by the CCAA China Canada Angel Alliance, including the government, science and technology enterprises and the venture capital community, have stepped out of the early exploratory stage, started to integrate into Canada’s local mainstream science and technology venture capital ecosystem, and began to enjoy the “dividends” brought by in-depth exchanges.
As far as the ecological environment of scientific and technological innovation, entrepreneurship and investment is concerned, Canada has developed economies, super large North American urban clusters, complete industrial supporting facilities, good support for property rights protection, high-quality universities and top research institutions, high-quality talents trained by the North American education and research system, diversified and leading entrepreneurial incubator and accelerator organization clusters, Various active and experienced investment institutions and investor groups, as well as government and non-profit organizations that provide a series of support for innovation, entrepreneurship and scientific research transformation. All these elements make Canada a hot area for global scientific and technological innovation and entrepreneurship.
Among the numerous industrial clusters in Toronto, financial services, life sciences, clean technology and renewable energy, artificial intelligence, information and communication technology, advanced manufacturing and cultural creativity can be regarded as competitive industries, which not only support Toronto’s economy, but also bring forth innovations in an endless stream, making Toronto one of the most diversified and innovative competitive markets in North America.
When it comes to technology entrepreneurship and investment, people first think of the United States. After all, there is Silicon Valley, the holy land of global technology. Its neighbor, Canada, is often overlooked. But now, more and more people are realizing that it is a mistake to ignore Canada’s scientific and technological strength and investment demand.
2016 was the most active year for venture investment in Canada in the past five years, with total investment, number of investment projects and investment amount of single project reaching a five-year high. In particular, the fourth quarter was the quarter with the highest total investment in the past five years. Data shows that in 2016, Canada’s total investment in venture capital was 6.95 billion US dollars, up 37.3% year on year. There were 773 investment projects in the year, with a year-on-year growth of 24.5%. The average investment amount of each project was 8.99 million US dollars, up 10.3% year on year.
These data show that the Canadian venture capital market is full of spring and venture capital activities continue to be active, which is different from the decline in the United States and even the global venture capital market and the decline in the popularity of venture capital circles.
Wang Tong, founding partner of ZRC Zhongguancun Dahe Capital and partner of CCAA China Canada Angel Alliance, was interviewed by CCTV, Canada BNN TV and other media during the discovery conference. He introduced the vision and actions of CCAA and CAMP China Canada Joint Venture Camp, which are committed to integrating into Canada’s mainstream venture capital circle and becoming part of the North American entrepreneurial ecosystem. He said that Canada has a very leading scientific and technological research and development and technological innovation strength, China has the world’s leading market demand space, and the cooperation space between investment institutions and start-ups between China and Canada has broad prospects. CCAA is willing to cooperate deeply with Canadian government agencies, scientific and technological innovation institutions, venture capital institutions and incubators to help start-ups with leading scientific and technological advantages to open their global vision and grow.
Zhongguancun U30 North America special event was also successfully held during the Discovery Conference. Founders of six entrepreneurial teams, including Mosaic Manufacturing 3D printing, Industry Corporation – SAAS platform for information screen management, Cyclica – medical big data, Cryptov – digital asset management platform, Suncoat – sunscreen detection sticker, Triton Wear – swimmer wearable device and SAAS training system, won the Zhongguancun U30 International Youth Innovation Award.
As an activity focusing on finding outstanding young innovative and entrepreneurial talents, Zhongguancun U30 takes Zhongguancun as the core, faces the whole country and even the world, and aims at entrepreneurs and teams around 30 years old to build a platform for youth to communicate with entrepreneurial mentors and connect resources through quarterly search, annual search and other links, guide youth to carry out innovative and forward-looking entrepreneurial projects, support and cultivate high-tech The entrepreneurial team with a new business model spreads the idea of “the world is more wonderful because of young entrepreneurs” among the youth.
The difference between Zhongguancun U30 and other similar activities is that it is not an event, but a brand and platform dedicated to youth innovation and entrepreneurship. Zhongguancun U30 is aimed at outstanding young entrepreneurs with development potential at home and abroad. It not only discusses heroes based on project success or failure, but also focuses on entrepreneurs and entrepreneurial teams with future growth potential and excellent entrepreneurial quality, and finally finds and helps “young entrepreneurs who change the world and create the future”.
During the Discovery Conference, Zhang Yiqin, founding partner of ZRC Zhongguancun Dahe Capital and founder of CCAA China Canada Angel Alliance, participated in several activities such as the round table forum, and introduced Dahe Capital’s investment philosophy to the participants. As an emerging investment institution with a management scale of more than 30 billion yuan, Dahe Capital is planning internationalization. With CCAA and CAMP as the starting point, the North American venture capital business, mainly based in Ontario and Toronto, is steadily developing and has become a part of the local entrepreneurial ecology. China Power, Graft on the World!
The team members of ZRC Zhongguancun Dahe Capital also collectively participated in the Discovery Conference. A number of media, including HitechCanada, a new technology and entrepreneurship media in Canada, and Silicon Valley spies, reported on the grand occasion of the Discovery Conference.
