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.
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:_1571374058051.png?format=webp&height=120&width=120)
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
2. ForceN
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
- Founded Year: 2015
- Location: Toronto (Canada)
- Stage: Series A
- Total Funding till date: $6.59M
- Employee Count: 46 as on Aug 31, 2026
- Investors: Brightspark Ventures, NorthSpring Capital Partners and 11 Others
- Latest Funding Round: Series A, Apr 23, 2024, $*****
- Highlight: Editors' Pick

3. Tenomix
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
OBIO's Year-on-Year Investment Trends
OBIO has invested in 3 companies over the last 7 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Tenomix.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.Sector | No. of Investments |
|---|---|
High Tech | 1 |
Industrial Goods and Manufacturing | 1 |
Life Sciences | 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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OBIO® and PIO renew multi-year collaboration to advance Ontario’s sovereign IP capacityBusiness Wire•May 14, 2026•Ip Ontario, OBIO
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OBIO® Drives AI Innovation in Critical Care with The Ottawa Hospital’s Use of the Extubation AdvisorBusiness Wire•Oct 29, 2025•OBIO
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Campbellford Hospital's Homecare Program Frees Up Bed-Days via Gotcare & OBIO PartnershipFinancial Post•Aug 13, 2025•Gotcare, Campbellford Memorial Hospital, OBIO
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OBIO Supports A4i's Canadian Expansion via Waypoint PartnershipFinancial Post•Jun 12, 2025•A4i, Waypoint Centre for Mental Health Care, OBIO
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OBIO® Supports A4i to Expand Canadian Presence Through New Partnership With Waypoint CentreBusiness Wire•Jun 12, 2025•OBIO
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Voyce, Hamilton Health Sciences and OBIO® Showcase Breakthrough in Patient Care Through Language Access TechnologyBusiness Wire•Apr 23, 2024•VoyceMe, OBIO
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Ontario Bioscience Innovation Organization Welcomes Dr. Maura Campbell as Incoming CEOBusiness Wire•Feb 01, 2022•OBIO
