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Toronto, ON (July 19 2023) - VentureLAB has announced their 6th cohort of the Hardware Catalyst Initiative and welcomes Cheelcare to the program.
The program accelerates the development of hardware and semiconductor-focused products, equipping Canadian companies with the tools to grow and create the products of tomorrow.
Cheelcare was selected following a competitive and rigorous selection process based on current growth and selection of hardware products.
"We're looking forward to participating in this program. The Hardware Catalyst Initiative and partnerships through VentureLAB's partner network will help us accelerate our product validation and investment so we can bring more products to our customers faster." Eugene Cherny, CEO.
Cheelcare joins 10 other companies also participating in the two-year program.
Since 2011, VentureLAB has worked with over 2,000 tech ventures to provide unbiased support and direct connections for founders to raise capital, attract and retain talent, commercialize technology and IP, and acquire customers. With a focus on hardware and enterprise software technologies, VentureLAB offers a coveted combination of business and technical expertise, connections to a global network of partners and mentors, access to a 50,000 square foot facility in the heart of York Region, and a $7 million world-class lab to drive innovations from prototype to product.