Adrenaline Fund
The Adrenaline Fund is designed to enable access, by the broadest group possible of accredited investors, to create a portfolio of 30 or more companies over a 5 year period. Adrenaline passively co-invests with experienced angel investors in a diverse cross section of portfolio companies.
Rather than actively seeking investments, Adrenaline follows internal rules to participate in investments made by angel investors when certain triggering criteria are met.

Our Mission
In addition to seeking a superior return through the unique passive Adrenaline model, the fund allows angel investors to “give back” through our Purpose, which includes:
- Helping to build future prosperity for Canada by helping to build more Scale Up companies that bring jobs and prosperity to our country
- Helping founders to fill the huge funding gap at the angel and seed stage compared to other countries.
- Help angel deal leads to fill such early-stage rounds to enable them to provide mentoring and oversight to early stage company founders, and
- Give back a portion of the Carried Interest income from investment success to support and grow our Angel and start up ecosystem.
Our Focus
Adrenaline focuses on seed-stage start-ups with strong, research and data-driven IP in:
Technology
Sustainability
Health Tech
Industry 4.0
Portfolio
Cheetah Networks delivers visibility into the Quality of Experience (QoE) of machines and people at the edge of the network. Their PulseViewTM Solution provides operators of public and private networks with actionable, real-time IoT network analytics.
Collide’s decision facilitation software helps teams make better decisions together, particularly in remote-first and hybrid work environments.
Cosm Medical is creating digital gynecology to improve the lives of clinicians and patients by modernizing care for women suffering from an underserved and stigmatized women’s health issue.
DARWIN AI is a Waterloo-based artificial intelligence company that has developed Explainable AI (XAI), a technology that uniquely analyzes data and models to optimize automation and human- in-the-loop decision making in real-world enterprises.
EAIGLE is a deep-tech AI company that has developed multiple automated solutions for crowd and visitor monitoring, and capacity management in high-foot traffic workplaces and public facilities.
eleven-x is a Waterloo-based technology company enabling smart communities and organizations to leverage IoT.
Forcen, a Toronto-based company, has developed a digital “sense of touch” for the most demanding surgical robotic, industrial robotic/automation, and defense/aerospace sectors.
Kenota Health is decentralizing allergy testing with a proprietary approach that employs rapid, point of care instrumentation.
LabsCubed is a Waterloo-based smart manufacturing company that has developed automated lab equipment and smart software to perform material tensile and tear testing at the push of a button.
Mesosil is a Toronto-based company developing the first lifetime-effect antimicrobial materials for dental and medical devices.
Rehabtronics is a MedTech company that has developed Prelivia, an FDA approved technology that promotes healthy blood circulation and tissue oxygenation for those who are bed ridden or chair bound.
SparcPay is a Mississauga-based Fintech firm delivering integrated AI-enabled payment solutions with a secure and digital solution that allows for review and approval of bills online, automatic reconciliation with accounting software and is compatible with all Canadian banking institutions.
Wavy is a culture management platform for flexible teams. Wavy’s digital market place allows users to create, manage, and book experiences for groups of people.
The Adrenaline Team
Amber French
Principal
Benton Leong
General Partner
Randall Howard
General Partner
Althea Wishloff
Venture Partner
Mike Janzen
Venture Partner