Announcing the 3rd Cohort of ventureLAB's Accelerate AI

January 25, 2024
ventureLAB News

ventureLAB is proud to announce the 3rd cohort of the Accelerate AI program. This transformative 6-month program is designed to champion the growth and scaling of AI startups, empowering them to deliver cutting-edge solutions and applications that tackle the challenges in the modern industry! 

Based in York Region, Canada's second-largest tech cluster, Accelerate AI is strategically designed to propel participating AI companies through essential developmental and commercialization stages, with a focus on attracting and retaining talent, customer acquisition, access to capital, and technology and IP development.

With the commitment to shaping the future of entrepreneurship and fostering growth in the AI sector, please join us and welcome these 10 companies in the newest  cohort.

Fairly AI

Fairly AI is on a mission to democratize safe, secure, and speedy AI across the enterprise. The Fairly AI Oversight and Risk Management Platform? delivers Fast AI with Assurance, Integrity, and Reliability.


LenzVU provides businesses with a hardware component that tracks cellphones in physical spaces, integrated with a CRM platform that enables businesses to analyze customer behaviour and preferences. 


MedReddie offers a unique data-driven solution that simplifies healthcare procurement, providing healthcare systems with the ability to save time and money while focusing on quality patient care. Their platform enables healthcare systems and group purchasing organizations to make informed decisions based on data insights at the front end of the procurement process that ultimately help them get "reddie".


mobiCar is focused on Extracting vehicle OE data, monitoring driver behaviour, normalizing & sending the captured data to our cloud platform, using their custom-made hardware with edge processing capabilities to extract driver behaviour and vehicle sensor data. 

Receipt Canada

Receipt Canada is a cutting-edge AI-driven technology firm that specializes in providing solutions for data extraction, chart of account categorization, reconciliation, AP, AR, and system integration using AI-powered algorithms. Their primary focus is on leveraging the power of artificial intelligence and machine learning to streamline and automate various financial processes, resulting in increased efficiency and accuracy in the supply chain.


Reipower, an advanced AI-based Energy Management Platform, empowers businesses to seamlessly integrate energy management best practices. Through their innovative solutions, they drive reductions in energy costs while simultaneously lowering carbon footprints, contributing to sustainable and eco-friendly operations for their clients.

The Talent Games

The Talent Games’ cutting-edge assessment technology combines the latest breakthroughs in neuroscience and cognitive mapping for companies to map talent at scale, enabling hands-free talent management.


NuBinary operates in the CTO/Technology industry and also produces a development platform oriented to startups and companies building new products and services.

Deaf AI

Deaf AI improves the experience of using the digital world for Deaf people; making technology more accessible. It facilitates the communication between hearing and deaf people; creating a more inclusive society. Deaf AI pioneers a transition from human-based services to AI-based services in sign language by AI-based sign language interpreters.


Digy4 is the Industry’s first cloud-based end-to-end software testing ecosystem striving to take software testing to the next level. Their innovative software solutions are aimed at reducing the time for automated testing to a minimum to achieve operational efficiency.

About Accelerate AI

Led by Garry Chan and supported by our seasoned expert advisors and business leaders Krishna Vempati, Gaurav Bansal and Kamal Hassin, this program presents an exceptional 6-month journey tailor-made for startups tackling contemporary challenges through the integration of artificial intelligence and machine learning into their product landscape. This program stands out as one of the premier opportunities for tech startups to thrive and excel.


About ventureLAB

ventureLAB is a leading global founder community for hardware technology and enterprise software companies in Canada. 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. Our initiatives focused on raising capital, talent retention, commercializing technology and IP, and customer acquisition have enabled thousands of companies to create over 5,000 jobs and raise more than $350 million in investment capital. At ventureLAB, we grow globally competitive tech titans that build-to-scale in Canada, for global markets. 

Join ventureLAB’s next Info Session to explore exciting opportunities for your company.  

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