About Bioenterprise
Bioenterprise, an accelerator and incubator program founded in 2003, is based in Guelph, Canada. With a presence in 3 countries, it has supported around 65 startups in sectors like Food and Agriculture Tech, High Tech. As of Oct 2026, Bioenterprise has witnessed 2 portfolio exits. Most notable companies in
its portfolio include Vive, Sollum Technologies and Terramera. The program is backed by a team of 31 people who primarily support Seed startups based in Canada. Its latest investment was a Undisclosed Grant (prize money) round in Farm Health Guardian on Apr 05, 2022.
Bioenterprise's List of Top Investments
Bioenterprise has a portfolio of 65 companies. Their most notable investments are in Cotex Technologies and Farm Health Monitor.Their portfolio spans across Canada, United Kingdom and United States. They have invested in Food and Agriculture Tech, High Tech, Environment Tech and 14 other sectors, across stages such as Seed, Grant (prize money) and 2 more. Here is the list of top investments by Bioenterprise:1. Vive
Precision chemistry for crop protection, increasing grower ROI, efficiency, and sustainability. They develop products and technologies to help growers achieve better results with less impact. Their Allosperse® Delivery Technology enables targeted solutions, improving crop quality and yields. They offer a range of products including fungicides, insecticides, miticides, and nematicides, suitable for diverse crops. They focus on innovative solutions for sustainable agriculture. They are committed to developing cutting-edge products that create real results for growers.
Key facts about Vive
- Founded Year: 2006
- Location: Mississauga (Canada)
- Stage: Series C
- Total Funding till date: $72.1M
- Employee Count: 49 as on May 27, 2025
- Investors: MaRS Discovery District, Export Development Canada and 21 Others
- Latest Funding Round: Series C, Oct 2025, $*****
- Highlight: Editors' Pick
Dynamic LED lighting solutions for greenhouses, optimizing plant growth and productivity. They offer a comprehensive dynamic lighting technology, including smart fixtures, a cloud platform, and support. Their solution recreates natural sunlight, delivering ideal light recipes for various crops, regardless of location. This leads to increased productivity, better taste, and longer shelf life. They provide flexible LED fixtures, AI-powered by their cloud platform, supported by agronomists and technical specialists. They focus on innovation and pragmatic solutions to balance costs, crop growth, product quality, and sustainability. They offer smart support, including planning, installation, training, and monitoring. They are a cleantech company, offering energy-efficient solutions. They are a B2B company, offering a SaaS platform.
Key facts about Sollum Technologies
- Founded Year: 2015
- Location: Montreal (Canada)
- Stage: Series B
- Total Funding till date: $42M
- Employee Count: 50 as on Aug 31, 2026
- Investors: National Bank of Canada, Real Ventures and 12 Others
- Latest Funding Round: Series B, Jan 16, 2023, $*****
- Highlight: Editors' Pick

3. Terramera
Developer of biological crop protection formulations and soil intelligence technologies. They offer solutions for biological actives, delivery technologies, and stability enhancers. The company provides soil measurement and analysis, using sensing, signal processing, machine learning, and computational chemistry. The company focuses on sustainable agriculture practices.
Key facts about Terramera
- Founded Year: 2010
- Location: Vancouver (Canada)
- Stage: Series C
- Total Funding till date: $64.9M
- Employee Count: 23 as on Aug 31, 2026
- Investors: Western Technology Investment, Northview LifeSciences and 22 Others
- Latest Funding Round: Series C, Jan 12, 2023, $*****
- Highlight: Editors' Pick
4. SomaDetect
AI-driven solution for measuring somatic cell count for early detection of mastitis. The system reads the distinct patterns of light from a laser signal traveling through a sample. The captured information is sent to an online server and analyzed to generate reports for farmers. The reports are sent to farmers through email or cell phones.
Key facts about SomaDetect
- Founded Year: 2016
- Location: Tillsonburg (Canada)
- Stage: Series A
- Total Funding till date: $8.25M
- Employee Count: 12 as on Aug 31, 2026
- Investors: iGan Partners, Cavallo Ventures and 15 Others
- Latest Funding Round: Series A, Mar 02, 2021, $*****
- Highlight: Editors' Pick
5. Neurodyn
Neurodyn focuses on developing bio-actives for neuroprotection and the early treatment of neurological diseases (Parkinson’s, Alzheimer’s, ALS and chronic nerve pain). Neurodyn preferentially isolates BioActive compounds within historically-proven natural treatments, creates new chemical entities where appropriate, validates those drug candidates and sells those assets for early returns. Its drug pipeline includes Memogain, a pro-drug of the plant-derived drug galantamine for the treatment of Alzheimer’s dementia (AD); ND1208, saponin-based bio-active for protection of early-stage Parkinson’s disease; ND602 (biologic progranulin) for the treatment of Parkinson’s disease; NQ1123 for neuropathic pain relief.
Key facts about Neurodyn
- Founded Year: 2006
- Location: Charlottetown (Canada)
- Stage: Series A
- Total Funding till date: $13.7M
- Investors: Mertz Holdings, Prince Edward Island and 4 Others
- Latest Funding Round: Series A, Oct 09, 2019, $*****
- Highlight: Editors' Pick
Bioenterprise's Year-on-Year Investment Trends
Bioenterprise has invested in 65 companies over the last 10 years, with an average of 2 new investments annually in the last 10 years. Its most recent first time investment was in Farm Health Guardian and most recent follow-on round was in Korechi Innovations.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 4 | 1 | 5 |
2021 | 4 | 0 | 4 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 2 | 0 | 2 |
2017 | 3 | 0 | 3 |
Bioenterprise's Investments by Stage
Bioenterprise has made 14 investments in Seed stage with an average round size of $30K, 6 investments in Grant (prize money) stage with an average round size of $30K, 3 investments in Unattributed stage with an average round size of $30K and 1 investment in Series A stage with an average round size of $30K.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Grant (prize money) | 6 |
Unattributed | 3 |
Series A | 1 |
Note: We have considered here, only first round of investments
Bioenterprise's Investments by Sector
Bioenterprise has a diverse portfolio, with companies operating in the Food and Agriculture Tech, Food and Agriculture, High Tech, Enterprise Applications and Sustainability Tech. Notably, it has invested in 31 Enterprise (B2B) companies, 31 Tech companies, 13 Tech hardware companies and at least 12 companies focusing on Software.Sector | No. of Investments |
|---|---|
Food and Agriculture Tech | 10 |
Food and Agriculture | 5 |
High Tech | 5 |
Enterprise Applications | 4 |
Sustainability Tech | 4 |
Others | 18 |
Note: We have considered here, only first round of investments
Bioenterprise's Investments by Geography
Bioenterprise has made most investments in Canada (23), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
Canada | 23 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Bioenterprise's recent investments
Bioenterprise has not made any investment in 2026 so far.Here are the most recent investments by Bioenterprise:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 05, 2022 | Canada | Grant (prize money) | 5485 | - | |
Apr 05, 2022 | Canada | Grant (prize money) | 1273 | - | |
Apr 05, 2022 | Canada | Grant (prize money) | 7437 | - | |
Apr 05, 2022 | Canada | Grant (prize money) | 4622 | - | |
Apr 05, 2022 | Canada | Grant (prize money) | 3699 | - |
Acquired companies in Bioenterprise's Portfolio
2 companies from Bioenterprise's portfolio have been acquired. The most recent acquisition was Grain Discovery in Jul 2025 by DTN for $*****.Here are Bioenterprise's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 23, 2025 | Apr 05, 2022 | Grant (prize money) | 1512 | |
Jul 05, 2017 | - | - | 4827 |
Team profile of Bioenterprise
Bioenterprise has a team of 31 members including 9 Partners located in Canada and United States. Bioenterprise's team sits on the board of 2 companies.Here is a list of top team members in Bioenterprise:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Ottawa | - | ||
Partner | Ottawa | |||
Partner | Canada | - | ||
Partner | Canada | - | - | |
Partner | San Francisco | - | ||
Partner | Ottawa | - | - | |
Partner | Canada | - | ||
Partner | Canada | - | - | |
Partner | Calgary | - | ||
Partner | Ottawa | - |
Co-investors of Bioenterprise
Over the past 10 years, 31 investors have co-invested in Bioenterprise's portfolio companies. This includes funds and angels.
- Invested before Bioenterprise: ontariocapitalgrowth.ca, Sustainable Chemistry Alliance and 7 others have invested in rounds before Bioenterprise. There is 1 company where ontariocapitalgrowth.ca has invested before Bioenterprise and 1 company where Sustainable Chemistry Alliance has invested before Bioenterprise.
- Top Co-investors of Bioenterprise: 4 investors entered a company along with Bioenterprise. These include investors like Greenspring Bioinnovation Hub (4 companies).
- Invested after Bioenterprise: A total of 18 investors have invested in Bioenterprise's portfolio after their investments. Top Investors include Cibus Fund (1 company) and BDC (1 company).
Recent News related to Bioenterprise
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Federal and Ontario Governments Provide Over $1 Million in Funding for Agritech CommercializationGreenhouse Canada•May 18, 2026•Bioenterprise
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New Directors Join Bioenterprise Canada BoardBusiness Wire•Oct 05, 2023•Bioenterprise, Paterson GlobalFoods, Ecofuel Fund, SeedToScale
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Bioenterprise Canada announces the appointment of new directorsBusiness Wire•Oct 05, 2023•Bioenterprise, Bennett Jones, Connection Silicon Valley, Ecofuel Fund and 1 other
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Federal government invests $2.28 million in Bioenterprise CorporationBetaKit•Nov 21, 2018•Bioenterprise