Embedded Systems startups in Canada
There are 29 Embedded Systems startups in Canada which include Untether AI, QNX, Crank Software, wrnch, Teledyne Lumenera. Out of these, 5 startups are funded, with 7 having secured Series A+ funding.
Over the past 10 years, an average of 1 new company has been launched annually. Notably, several of these startups have been founded by alumni of University of Toronto and University of Waterloo.
Here is the list of top Embedded Systems startups in Canada
1. Untether AI
Provider of at-memory computes for AI inference acceleration. It has developed a neural net processor for enabling power-constrained devices like AR headsets and wearable to carry out inference operations such as machine vision and speech recognition. It combines near-memory design with digital processing to reduce the physical distance between memory and processing tasks.
Key facts about Untether AI
- Founded Year: 2018
- Location: Toronto (Canada)
- Stage: Acqui-Hired
- Total Funding till date: $152M
- Investors: Intel Capital, Radical Ventures and 2 Others
- Latest Funding Round: Series B, Jul 20, 2021, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 17 of 79 Competitors
2. QNX
QNX software manufacturer of the middleware, hypervisors and other software solution for embedded applications. QNX manufactures the middleware, hypervisors and other software solutions for the embedded applications. It offers acoustic middleware(for improving voice and sound quality for embedded systems, especially within the automotive cabin), hypervisors (for managing the virtual machines), driver assistance system platform, loosely coupled locked step, SDK for apps and media, and BT connectivity. It caters to multiple markets including automotive, industrial, medical, rail safety and other markets. In 2004, it was acquired by Harman.
Key facts about QNX
- Founded Year: 1980
- Location: Ottawa (Canada)
- Stage: Acqui-Hired
- Latest Funding Round: Grant (prize money), Feb 15, 2019, $*****
- Tracxn Score: 38/100 What is this?
- Competitors Rank: 12 of 64 Competitors
Crank Software provides a platform for GUI design and development. Its software offers touch-screen UIs for medical, automobile, smart home, IoT, and industrial applications. Partners of the company include STx, Microelectronics, and other similar companies.
Key facts about Crank Software
- Founded Year: 2007
- Location: Ottawa (Canada)
- Stage: Acquired
- Tracxn Score: 30/100 What is this?
- Competitors Rank: 2 of 6 Competitors
4. wrnch
wrnch AI develops a computer vision engine also called wrnch. The engine uses deep learning to extract human edges from an image/video, and to augment the human image with additional images for adding to VR/AR environments. The engine can estimate human poses, allowing easier human-robot interaction. It allows markerless body tracking. wrnch also recognizes human activities and gestures. It has applications in multiple industries, chiefly gaming and media production, but also industrial use cases such as robotic manipulation in healthcare and in manufacturing.
Key facts about wrnch
- Founded Year: 2015
- Location: Montreal (Canada)
- Stage: Acqui-Hired
- Total Funding till date: $9.3M
- Investors: Radical Ventures, Nikon and 2 Others
- Latest Funding Round: Series A, Jun 20, 2019, $*****
- Tracxn Score: 30/100 What is this?
- Competitors Rank: 74 of 261 Competitors
Key facts about Teledyne Lumenera
- Founded Year: 2002
- Location: Ottawa (Canada)
- Stage: Acquired
- Tracxn Score: 29/100 What is this?
- Competitors Rank: 3 of 9 Competitors
