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ventureLAB’s Annual Report 2023 | ventureLAB

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2023 has been nothing short of excitement for our team at ventureLAB.

As Canada’s first and only lab and incubator dedicated to hardware and semiconductor-focused startups, ventureLAB continues to support Canadian HardTech companies across diverse sectors, with one mission in mind: Powering hardtech founders to build and scale globally competitive ventures that advance Canada's knowledge-based economy.

Led by seasoned business leaders and advisors, ventureLAB empowers global tech startups with unbiased guidance and access to resources such as vast networks and opportunities to foster global commercialization.

At ventureLAB, we pride ourselves on embracing a culture-first and people-driven organization. ventureLAB is honored to be recertified for the Canada’s Most Admired Corporate Cultures Award program for the third year in a row. With a keen focus on hardware technology, the priorities of ventureLAB’s unique RIVIR culture remain to be Relentless, Inclusive, driving Visionary Innovation through a team-based, Results-oriented approach.

In 2023, ventureLAB had been growing its national and global presence, facilitating strategic partnerships with global key players in the HardTech industry. In June, ventureLAB announced the launch of the HardTech Investor Network, the only hardware and deep-tech focused investor network supporting pre-seed and seed stage startups in Canada. In addition, ventureLAB hosted its third-annual HardTech Summit in November, bringing together more than 900 industry leaders, making it the biggest summit yet.

Read our 2023 Annual Report below.

ventureLAB is a leading global founder community for hardware technology and enterprise software companies in Canada. Our organization is led by seasoned entrepreneurs and business leaders with decades of industry experience in building IP-rich start-ups, scale-ups, and global multinationals to help you scale your business. Located at the heart of Ontario’s innovation corridor in York Region, ventureLAB is part of one of the biggest and most diverse tech communities in Canada. We enable technology startups to accelerate the commercialization of transformational products on a global scale.

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