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About OBIO

OBIO, an accelerator and incubator program founded in 2009, is based in Toronto, Canada. With a presence in 2 countries, it has supported around 3 startups in sectors like High Tech, Life Sciences. Most notable companies in its portfolio are MY01, ForceN and Tenomix. The program is backed by a team of 18 people who primarily support Seed startups based in Canada. Its latest investment was a $1.47M Seed round in Tenomix on Mar 05, 2024.
Key Metrics
Founded Year
2009
Location
Toronto, Canada
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment

OBIO's List of All Investments

OBIO has a portfolio of 3 companies. Their most notable investments include MY01 and ForceN.Their portfolio spans across Canada and Singapore. They have invested in High Tech, Life Sciences, HealthTech and 1 other sectors, across stages such as Seed stage. Here is the list of all investments by OBIO:

1. MY01

AI-powered medical device for the detection of compartment syndrome. MY01 is the device based on digital micro sensing technology to measure a patient’s intracompartmental pressure up. It offers a mobile app that enables de-identified storage of data on cloud for retrieval after the episode of care.

Key facts about MY01

  • Founded Year: 2015
  • Location: Singapore (Singapore)
  • Stage: Series A
  • Total Funding till date: $12.6M
  • Employee Count: 48 as on Aug 31, 2026
  • Investors: Fondaction, Desjardins and 4 Others
  • Latest Funding Round: Series A, Aug 20, 2023, $*****
  • Highlight: Editors' Pick
Provider of force sensing and haptic force control and simulation solutions for robots. It includes an array of sensors integrated with an electronics module that calibrates, measures, and converts the sensing array signals to noise-free force measurements. It can be used to provide a solution for manufacturing, surgical robots, industrial robots, and defense.

Key facts about ForceN

Developer of cancer screening device for pathologists. The company's product Lymphonator, a bench-top robotic scanning device that guides the hospital's pathology team in lymph node identification in surgically removed colorectal cancer tissues.

Key facts about Tenomix

  • Founded Year: 2021
  • Location: London (Canada)
  • Stage: Seed
  • Total Funding till date: $1.47M
  • Employee Count: 10 as on Aug 31, 2026
  • Investors: OBIO
  • Latest Funding Round: Seed, Mar 05, 2024, $*****

OBIO's Investments by Stage

OBIO has made 2 investments in Seed stage with an average round size of $987K.

OBIO's Investments by Sector

OBIO has a diverse portfolio, with companies operating in the High Tech, Industrial Goods and Manufacturing and Life Sciences. Notably, it has invested in 3 Enterprise (B2B) companies, 3 Tech companies, 3 Tech hardware companies and 1 company focusing on Software.
Here are OBIO's investments by sector:
Sector
No. of Investments
High Tech
1
Industrial Goods and Manufacturing
1
Life Sciences
1
Breakdown of OBIO's investments by sectorsHigh Tech (1)Industrial Goods ... (1)
Note: We have considered here, only first round of investments

OBIO's Investments by Geography

OBIO has made most investments in Canada (2).

OBIO's recent investments

OBIO has not made any investment in 2026 so far.
Here are the most recent investments by OBIO:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Mar 05, 2024
Canada
Seed
3095
-
May 24, 2019
Canada
Seed
6910

Team profile of OBIO

OBIO has a team of 18 members including 7 Partners and 6 Principals located in Canada and United States. OBIO's team does not sit on the board of any company as of now.
Here is a list of top team members in OBIO:
Name
Designation
Location
Board Memberships
Contact Details
Partner
Toronto
-
-
Partner
Toronto
-
-
Partner
Toronto
-
-
Partner
Westlake Village
-
-
Partner
Cambridge
-
-
Partner
Canada
-
-
Partner
Canada
-
-
Principal
Canada
-
Principal
Canada
-
Principal
Canada
-
Principal
Canada
-

Co-investors of OBIO

Over the past 7 years, 9 investors have co-invested in OBIO's portfolio companies. This includes only funds.

  • Top Co-investors of OBIO: 4 investors entered a company along with OBIO. These include investors like NorthSpring Capital Partners (1 company).
  • Invested after OBIO: A total of 5 investors have invested in OBIO's portfolio after their investments. Top Investors include Brightspark Ventures (1 company) and BDC (1 company).

Recent News related to OBIO

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FAQs about OBIO

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