UTEST announces cohort three, brings five new startups into its accelerator program

The University of Toronto Early-Stage Technology (UTEST) incubator has been home to many successful Canadian technology startups, including Whirlscape, TrendMD, Crowdmark, eQOL and Granata Decision Systems. UTEST, which is part of U of T’s Innovations & Partnerships Office (IPO) and MaRS Innovation, announced its third cohort of startups today.

Each of the five companies in UTEST’s third cohort will receive mentorship and $30,000 in funding. The cohort features a varied portfolio, ranging from 3D printing and wearables to health technology:

FlatFab Inc. — 3D printing (designing 3D objects that print in 2D)
ICE3 Power Technologies Inc. — hardware (universal charger for portable devices)
Onyx Motion Inc. — wearables (digital coaching)
Nvest Inc. — financial investing (socially-driven stock recommendations)
Syncadian Inc. — digital health (fatigue management for enterprise clients)

“We had an excellent response from the U of T community this year with over 80 companies applying to join UTEST,” said co-director Kurtis Scissons of IPO. “In June, we selected 20 to present to the selection committee; seven promising companies made the short list in August. As always, we seek companies building business-to-business customer bases, preferably around operational products with a short term to market.”

Read More: Accelerator Series: UTEST

Ian Hardy

Ian Hardy

Ian is publisher at MobileSyrup. He's been quietly creating and building things for years and is completely addicted to Tim Hortons.