StarForge Fund
The StarForge fund is an actively managed portfolio that invests in innovative, early-stage B2B Canadian companies with disruptive technologies, significant scale-up potential, and valuation advantages over the U.S. market.
The fund aims to drive returns for investors through actively sourcing deals mostly within the Toronto-Waterloo start-up ecosystem and growing portfolio businesses by leveraging the power of alliance networks in North America.
Our investments focus on Technology, Sustainability, Health Sciences, and Smart Manufacturing.
StarForge applies an active and disciplined approach to drive returns for angel investment:
- Active and enhanced deal sourcing backed by the Canadian startup ecosystem
- Rigorous selection and due diligence process along with negotiation of fair and equitable investor rights
- Active portfolio monitoring and access to global channels to help portfolio companies achieve superior growth
- Disciplined rules for exit and liquidity decisions to balance early returns and minimize downside risk against maximizing long-term returns
Our Mission
To unlock capital and accelerate Canada’s transition into an innovation economy through:
- Making angel investment more accessible to investors
- Helping entrepreneurs innovate faster
- Scaling Canadian startups to the U.S. and global markets
- Supporting the angel ecosystem
Our Focus
Technology
Sustainability
Health Tech
Industry 4.0
Portfolio
C2RO is helping businesses understand human behaviour in the physical world through the use of GDPR-Compliant AI-SaaS Video Analysis.
CamDo Solutions combines physical time-lapse camera systems with advanced cloud architecture, providing time-lapse cameras for construction professionals.
Capita automates fundraises for early-stage founders and their investors.
Carbonhound is a Carbon management software platform for Small and mid-sized enterprises (SMEs) to measure, reduce, verify, and market their carbon emissions.
DarwinAI developed Explainable AI (XAI) to optimize automation and human- in-the-loop decision making in real-world enterprises.
EAIgle is a human-centric Al company developing enterprise computer vision solutions for the workplace and public spaces to optimize processes, reduce costs and grow revenue.
eleven-x provides IOT solutions for cities, campuses and organizations to leverage the use of remote monitoring and management of their assets and infrastructure.
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.
Foresight Analytics provides video-based insurance analytics tools targeting commercial auto insurers and their need to price risk better and reduce claims.
Intellijoint Surgical® develops and commercializes surgical planning and navigation solutions for total hip and knee joint replacements.
KeyOps is a platform that allows doctors to engage and share their opinions with stakeholders such as government, hospitals, universities, and life science companies.
Kritik is a peer-grading platform that distributes fair and accurate assessments by harnessing collective intelligence to simplify workflows and reduce turnaround time on feedback.
LabsCubed builds innovative automated hardware and software solutions that enable polymer producers to create and test materials faster.
MedStack is a Toronto-based digital security company that provides built-in, guaranteed, provable data privacy and security compliance for digital health businesses.
Mesosil is a Toronto-based company developing the first lifetime-effect antimicrobial materials for dental and medical devices.
Monark is a digital platform automating the science of leadership performance and development for new and emerging leaders.
Nicoya is a biotechnology company dedicated to improving human life by helping scientists accelerate drug discovery.
Noa Therapeutics is a preclinical biotech company developing novel small molecules transforming the treatment of chronic inflammatory barrier diseases.
OrderEase’s platform optimizes wholesale supply chain and order processes, boosting efficiency and profitability by seamlessly integrating trading partner systems.
Skygauge is building the drone workforce in the skies.
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.
Vena Medical is providing physicians with the world’s smallest camera, capable of going inside veins and arteries, to help them treat stroke.
vGIS is redefining infrastructure construction projects with engineering-grade augmented reality and AI-powered digital twin technology.
VoxCell provides 3D bio-printed human-like tissues for drug testing, reducing the need for animal and human drug testing and bringing lifesaving therapies to market quicker.
The StarForge Team
Jacky Chen
General Partner
Ellen Fang
General Partner
David Rich
General Partner