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The Accelerator Centre is a world-renowned, award-winning facility dedicated to developing and commercializing technology start-ups.
The Accel Letter gives you the latest news and success stories from the Accelerator Centre start-up community. Stay in touch with us and follow the paths of some of the most innovative companies in the world!
Did someone forward you our newsletter? Sign up for our Accel Letter on the Accelerator Centre homepage. |
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Feature Story
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Accelerator Centre Client Avenir Medical secures $3.3M in financing
Avenir Medical Inc., an innovator in developing intelligent instruments to improve joint replacement surgery, announced today that it has closed $3.3M of Series A financing. The round was led by MaRS Investment Accelerator Fund, Toronto, and included a syndicate of Angel Groups in Waterloo, Toronto, and Boston.
Avenir develops intelligent instruments to assist orthopedic surgeons in the operating room. The Company's proprietary devices integrate microelectronics and miniature optical sensors to calculate
and display real time measurements of implant position and alignment, enabling surgeons to more accurately perform joint replacements. The Company's flagship product is for guiding hip replacement, and the same advanced technology will be applied to knee replacement and other surgical procedures.
Read the full press release here.
*Avenir CEO Armen Bakirtzian will be a guest speaker at Communitech's UpStart breakfast on Wednesday November 6th, 2013. To register, click here.
**On November 7th, Armen will join a panel at the 10th Annual Ontario Economic Summit, and discuss the topic of "Commitment to the Future: A Closer Look at Youth Employment, Training and Entrepreneurship Strategies."
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Accelerator Buzz
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Arts and the AC
Here at the Accelerator Centre, we believe it is important to contribute to the overall growth and well-being of Waterloo Region, in addition to the tech area that our business sits in. Contribution can exist in many different forms - partnerships, sponsorships, promotional events, and building the entrepreneurial art spirit. Over the next few months we will be highlighting some of the activities that our company, our employees and our Clients are involved in.
Arts in October:
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Milao Language: Anywhere. Anytime.
Current AC Client Milao Language was recently profiled in the Waterloo Chronicle. In his article, writer Bob Vrbanac highlights the fact that "a good business idea doesn't always have to come from the maths, sciences and engineering departments at UW. The arts can [also] be an incubator for new business ideas."
Read the full article here.
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The halls and meeting rooms at of the Accelerator Centre are adorned with beautiful art, courtesy of Jennifer Gough. We are excited to welcome Jennifer to the AC to share her creative inspirations and engage with art enthusiasts.
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Event: Artist Meet & Greet - Jennifer Gough
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Date: Tuesday October 29th
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Time: 4:00pm - 6:00pm
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Location: Networking Area, Accelerator Centre, Waterloo
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Client Corner
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Wilfrid Laurier University and the Accelerator Centre - partnership with promise!
Early this year, Wilfrid Laurier University (WLU) approached the Accelerator Centre (AC) with a new start-up from their Launchpad program that was ready to take the next step, and they felt the Accelerator Program would be a great fit.
Shortly after the partnership between WLU and the Accelerator Centre was formalized, Smile Epidemic moved into the AC. CEO Jim Moss and team have garnered great traction this past year, and next month we are excited to have their recently renamed Plasticity team move into a 10 person suite. The successful experience has inspired WLU to expand the partnership, with 2 new WLU start-ups moving into the AC this month.
Professional Performance provides remote health care workers with the ability to access and update digitized Electronic Health Records from their mobile device, saving time, improving communication and enhancing overall patient quality of care. TrafficSoda gives online marketers the power to drive a tsunami of organic, targeted web traffic to their site through a system that interacts with online audiences across thousands of channels. We're excited to welcome these dynamic new start-ups to the Accelerator Centre.
*More good news on the WLU front: On October 9th, WLU's announced a new $1-million Laurier Start-up fund thanks to a generous donation from Mike and Hennie Stork. Click here for the full article.
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Alumni News
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AC Graduate Clearpath Robotics has been selected as a finalist for the Innovator Award at the Ontario Business Achievement Awards (OBAAs),which will be held on November 20th in Toronto.
Sponsored by Colleges Ontario, this award goes to a business whose innovations are making the greatest impact in their industry and community. Read the full announcement here.
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It's hard to keep up these days with Accelerator Centre Graduate Axonify! In the past few weeks alone the company has been featured in local, national and international business channels.
This month you will find CEO Carol Leaman sharing her experiences about life as a tech CEO at the Girl Geek Dinners Waterloo Region. The dinner takes place Tuesday October 22nd at the Centre in the Square in Kitchener.
Carol will also be a keynote speaker at the upcoming Techtoberfest in Kitchener (the Accelerator Centre is a sponsor of this event),on Thursday October 17th.
Carol was recently published in Occupational Health and Safety's Online Magazine. Her article 'The Future of Safety Training' can be found here.
|  | Along with current AC Client Avenir Medical, AC Graduate company Tangam's CEO Prem Gururajan will also be a guest speaker at Communitech's UpStart breakfast on Wednesday November 6th, 2013. To register, click here. |
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