From crowdsourcing new treatments for rare diseases to catalyzing the work of urban planners, five University of Toronto startups are one step closer to commercial viability after participating in The Entrepreneurship Hatchery's virtual Demo Day 2021.
A total of 17 teams competed in the Hatchery's NEST process, an experiential learning opportunity that instills and nurtures an entrepreneurial mindset in participating U of T students and faculty.
Over the summer, participants met potential co-founders, developed their business plans and connected with mentors who offered support in various areas, including market research, branding and securing intellectual property. The program culminated on Demo Day, with teams pitching their startup ideas to a panel of judges, including entrepreneurs and investors - some of whom are themselves former Hatchery participants.
The five winning teams will share $80,000 in seed funding, which will help take their companies through the next phase of their development.
"Hatchery Demo Day is my favourite way to kick off a new academic year," says Chris Yip, dean of the Faculty of Applied Science & Engineering, where the Hatchery program is housed. "I'm always impressed by the creativity, the professionalism and the energy of these dynamic students, and I look forward to watching them grow in the years to come.
"On behalf of the faculty, congratulations to all the teams that participated this year, as well as to Joseph Orozco and his whole team at the Hatchery for making this possible."
Here are this year's winning teams:
Civvic - AI-enabled web platform for developers and urban planners
Civvic has designed a web-based platform to bring together all the diverse information required by urban panners in one place. (Image courtesy of Civvic)
Planning a new urban development is complex. It requires assembling information about the historical, social and economic attributes of a particular site or neighbourhood - plus liaising with a wide range of stakeholders. Civvic aims to streamline the research process by bringing all of this information together in a single platform.
"The process of getting ready for Demo Day has been one of the most challenging, yet rewarding, activities our team has faced," says CEO Lewis Walker, a former University College student who recently graduated from U of T's departments of human geography and planning and urban studies in the Faculty of Arts & Science.
"We realized that there's often a gap in what we think is going on versus what is actually happening out in the field. Being willing to learn and able to pivot on the go has been critical for our team."
Civvic plans to continue development of its online platform through the end of 2021 and is looking to hire new members for its team.
In addition to Walker, Civvic includes recent U of T graduates Michelle Zhang (urban studies, peace, conflict and justice, human geography); David de Paiva (urban studies, political science); Khaled Elemam (bioinformatics and computational biology); Patrick Thang (Rotman Commerce, Rotman School of Management); and master's student Ian Hwang (geography and planning).
Fovea - Wearable sensors for people living with blindness
Using an array of 100 coin-sized vibrating motors, Fovea aims to translate visual information into tactile signals for people who are blind (image courtesy by Fovea)
Fovea aims to help people who are blind by translating visual information into tactile signals relayed via a wearable vest.
Embedded within the vest is an array of 100 coin-sized motors - each of which is capable of vibrating based on input from a wearable camera. The system can provide certain basic information upon entering a room, including the number of objects and roughly how far away they are from the user.
"We provide an alternative to photonic-based sight in order to allow blind people to neuro-spatially sense their surroundings, better orient themselves and become more independent," says Alaa Shamandy, a machine learning researcher at University Health Network's Peter Munk Cardiac Centre and a member of the Fovea team. "With our non-invasive technology, we are working towards a more accessible world."
Shamandy says the team has developed a rudimentary prototype of the device. They will use the funding from The Hatchery to develop a second version and facilitate volunteer testing by individuals with blindness. They also plan to apply for pre-market approval from regulatory agencies such as the U.S. Food and Drug Administration and Health Canada.
"The Hatchery has been extremely helpful throughout our development - from weekly pitching in front of distinguished mentors and investors to helping us perfect our business models and cash flows, and everything in between. We are in a much better place than when we started."
In addition to Shamandy, Fovea includes: Sai Spandana Chintapalli, a PhD candidate in biomedical engineering at University of Pennsylvania; and Kevin Fan, an emergency resident physician at Aventura Hospital & Medical Center in Miami. The company is also looking at expanding its team in Toronto.
Nightingale AI - Improving physiotherapy with vision-based AI tools
Nightingale.ai connects physiotherapists and their patients remotely, leveraging vision-based AI to analyze patient progress. The goal is to lower the cost of providing physiotherapy while enhancing outcomes, both in the near and long term. (Photo courtesy of Nightingale.ai)
Nightingale.ai is an online platform that can be used by physiotherapists and their patients who are rehabilitating following knee or hip replacement surgeries. It uses vision-based artificial intelligence to detect and analyze the same kinds of parameters that physiotherapists look for during in-person visits, including how the surgical incision looks, how the patient is walking and how a new joint is moving.
Using this information, the platform can recommend a treatment plan or schedule in-person appointments as needed. By facilitating more frequent interaction and a better exchange between physiotherapists and their patients, Nightingale.ai can improve outcomes while lowering the cost of care. It also provides rich data on recovery outcomes that can be used to further optimize care for future patients.
"As a group of clinicians, engineers and researchers who have worked in the physiotherapy field for many years, we are very familiar with the problems encountered by both patients and providers during the rehabilitation journey," says Sameer Chunara, CEO of Nightingale.ai and an advanced practice physiotherapist and owner of a community clinic in Toronto.
"We have been surrounded by a team of advisers who have helped us focus on what is really important at this stage."
