Announced in March, Techstars and Real Ventures partnered to launch the AI-specific program in the city, which boasts a strong AI ecosystem, including companies like Element AI and a growing presence of labs from Facebook, Google, and Samsung. The ten selected companies will spend three months in the program, before ending with a Demo Day on December 5.
The Next 36 Outstanding Venture Award winner, Crescendo, has developed a tool that sends employees personalized diversity and inclusion training through Slack and similar workplace communication platforms in order to identify and resolve bias in the workplace. Co-founder Daniel D’Souzaexplained that Crescendo already has nine early adopters in the pipeline for paid pilots and has raised $240,000 in the last nine weeks.
Venture Day celebrates the end of two NEXT Canada programs including Next 36, which supports young founders of early-stage businesses; and Next Founders, which focuses on founder development for existing startups with significant traction. This year, Next 36 startup Crescendo and Next Founders startup Nomz received the Outstanding Venture prize for their respective programs.
For 2018’s event, Startupfest has teamed up with some incredible partners, to roll out our inclusion initiative — a program dedicated to connecting entrepreneurs from diverse communities to equal opportunities.