Altitude Accelerator 2023: A Year In Review

      We are thrilled to spotlight five exceptional companies who have made their mark in 2023. These startups have distinguished themselves by making significant strides in scale and growth.

1. Mosea

      As a recent graduate of our Incubator program, Mosea is one of our shining stars of 2023. Since launching a new app in August of this year, Mosea has soared to $70k MRR with over 11,000 users and is growing rapidly at 30% MOM. Mosea is an app designed for effortless money transfer, collection from groups and splitting bills. While currently focused on the university student demographic, with a runway till Q2 2025, the three co-founders have their eyes set on big things and are looking towards a Series A raise late next year.

2. Brickeye

      Founded in 2014, Brickeye has been accelerating digital transformation in construction for over a decade. Led by CEO Tim Angus, Brickeye is an end-to-end construction risk and productivity platform on a mission to digitize the job site on one unified IoT platform, providing unprecedented visibility and actionable insights to improve how the industry builds and adds value globally.

      This past year, Brickeye has grown to new heights with 30 employees. Brickeye also closed $10M in funding this fall, with participation from BDC Capital’s IP-backed Financing Fund and Graphite Ventures, with additional funding from existing investors GreenSky Ventures, Brightspark, EDC, and MaRS Investment Accelerator Fund.

3. Neptune Nanotechnologies

      Neptune Nanotechnologies has had an impressively productive 2023. Founded by CEO Aaron Guan, Neptune is a company set on revolutionizing the materials industry by transforming waste into nanocrystals. Earlier this year, Neptune successfully concluded their seed round fundraising and has received over $2,000,000 in total funding, including $1,800,000 equity investment led by CAA with follow-on investment from Ontario Centre of Innovation and Liquid Metal VC in addition to a number of other private investors. With this funding, Neptune has developed a pilot plant for manufacturing nanocrystals at a scalable level.

To learn more about the work Neptune Nanotechnologies is doing to solve the plastic problem, check out this recent article.  

4. Hybrid Power

      2023 was a huge year for Hybrid Power Solutions as they officially became a publicly traded company on the Canadian Securities Exchange. Hybrid Power produces patent pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, construction, railway, marine and military sectors. Founder, Francois Byrne, took to LinkedIn to celebrate his company’s successful IPO and reflected on almost a decade of hard work,

“This journey has been at times incredibly challenging, but also immensely rewarding…our stock is live and trading under ‘HPSS’ on the CSE. The future is fuel-free, baby!”