Creative Destruction Lab is the famous VC, which was founded in 2012. The main office of represented VC is situated in the Toronto. The fund was located in North America if to be more exact in Canada.
The fund has no exact preference in some founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the most successful fund investment fields, there are Analytics, Machine Learning. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Canada. Among the various public portfolio startups of the fund, we may underline Atomwise, Datalogue, MedStack Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund.
The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Creative Destruction Lab, startups are often financed by Velocity, Techstars, NEXT Canada. The meaningful sponsors for the fund in investment in the same round are iNovia Capital, Vancouver Angel Forum, Ramen Ventures. In the next rounds fund is usually obtained by Radical Ventures, MaRS Investment Accelerator Fund, SOSV.
Deals in the range of 100 thousands - 1 million dollars are the general things for fund. The fund is constantly included in 25-48 investment rounds annually. The top amount of exits for fund were in 2018. The top activity for fund was in 2017. Despite it in 2019 the fund had an activity. The real fund results show that this VC is 19 percentage points less often commits exit comparing to other companies. Opposing the other organizations, this Creative Destruction Lab works on 26 percentage points less the average amount of lead investments.
The current fund was established by Ajay Agrawal, Ajay Agrawal.
Notable deals
Company | Industry | Round Size | Date | Investors | Location |
HumanFirst | $3M | 26 Jul 2023 | Montreal, Quebec, Canada | ||
frenter | $214K | 07 Dec 2021 | Halifax, Nova Scotia, Canada | ||
Nanology Labs | $3M | 17 May 2021 | Old Toronto, Ontario, Canada | ||
Stockholm Water Technology | $1M | 19 Apr 2021 | Stockholm, Stockholm County, Sweden | ||
Milk Moovement | $3M | 15 Apr 2021 | Halifax, Nova Scotia, Canada | ||
TrustLayer | $6M | 02 Feb 2021 | San Francisco, California, United States | ||
Turbodega | $500K | 01 Jan 2021 | Lima, Lima, Peru | ||
ucrop.it | $1M | 23 Dec 2020 | Buenos Aires, Distrito Federal, Argentina | ||
RockMass Technologies | $1M | 26 Oct 2020 | Old Toronto, Ontario, Canada |
– Nanology Labs announced that its seed capital raise was oversubscribed at $3M.
– The round was led by FACIT with co-investors Creative Destruction Lab Angels, Ontario Brain Institute, Ontario Center of Innovation, and MEDTEQ.
– The capital will advance development of T-MX (aka Manganescan), a smart nanomedicine designed to overcome tumor hypoxia, a common cause of resistance in cancer treatment.
– The financing is timely as T-MX completes GLP-toxicology and GMP-manufacturing in readiness for a Ph1/2 study in patients with oligometastatic brain cancer, planned to start at the Princess Margaret Cancer Center, recognized internationally for expertise in tumor hypoxia.
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Latest deals
Company | Industry | Round Size | Date | Investors | Location |
HumanFirst | $3M | 26 Jul 2023 | Montreal, Quebec, Canada | ||
frenter | $214K | 07 Dec 2021 | Halifax, Nova Scotia, Canada | ||
Nanology Labs | $3M | 17 May 2021 | Old Toronto, Ontario, Canada | ||
Stockholm Water Technology | $1M | 19 Apr 2021 | Stockholm, Stockholm County, Sweden | ||
Milk Moovement | $3M | 15 Apr 2021 | Halifax, Nova Scotia, Canada | ||
TrustLayer | $6M | 02 Feb 2021 | San Francisco, California, United States | ||
Turbodega | $500K | 01 Jan 2021 | Lima, Lima, Peru | ||
ucrop.it | $1M | 23 Dec 2020 | Buenos Aires, Distrito Federal, Argentina | ||
RockMass Technologies | $1M | 26 Oct 2020 | Old Toronto, Ontario, Canada |