The list was compiled after consultation with industry partners and through Vector’s own work in the broader AI ecosystem after analyzing more than 150 Canadian AI start-ups that achieved major milestones in 2021 and 2022.
Vector says Canada’s leadership in AI research represents a once-in-a-generation opportunity to build and sustain AI-based economic growth and improve the lives of Canadians — not only by giving companies new tools to enhance productivity and create high-paying jobs but also by driving further innovation. Many of the Vector AI20 honorees have at least one focus area that will be integral to the future prosperity of Canada including health, drug discovery, and transportation.
“Each honoree puts AI to work in interesting and potentially transformative ways,” says Cameron Schuler, chief commercialization officer and vice-president of industry innovation at the Vector Institute. “Together, they illustrate a manifestation of the remarkable promise of Canada’s AI ecosystem — and show how AI can drive not only future innovation but also future prosperity. Vector is proud to highlight these innovative startups as ones to watch, as their successes will support Canada’s quality of life in 2023 and beyond.”
The Vector AI20 for 2023 companies are:
Algolux
AltaML
Avidbots
BenchSci
BlueDot
BrainBox AI
Certn
Cohere
Darwin AI
Deep Genomics
Klue
MindBridge
Otto Motors
Private AI
Signal 1
TrojAI
Untether AI
Waabi
Xanadu
xpertSea
Toronto-based Vector Institute is an independent, not-for-profit corporation dedicated to advancing AI, excelling in machine learning and deep learning. It’s funded by the Province of Ontario, the Government of Canada through the Pan-Canadian AI Strategy administered by CIFAR and ISED, and industry sponsors from across the Canadian economy.