News from Alumni Companies
Congratulations to the winners of the Banff Venture
Forum 2009
Best Presenting Company Awards:
Information Technology: Tynt Multimedia Inc.
Energy Technology: SWITCH Materials Inc.
Life Sciences Technology: enGene Inc.
Winners of the Banff Venture
Forum 2008
Best Presenting Company Awards:
Information Technology:
Akoha
Energy Technology:
ASAT Solutions
Life Sciences Technology:
TheraCarb
Banff Venture Forum alumni companies among Canada's Top 10TM 2009 competition winners!
Banff Venture Forum 2008 presenter
Quadra Solar, and 2007 presenters
Sempa Power Systems Ltd. and
Data Gardens were recently awarded the honours in CleanTech and IT categories.
Theracarb Inc., 2008 presenting company, receives $100,000 Grand Challenges Explorations Grant for Innovative Global Health Research from the Bill and Melinda Gates Foundation (
see press release).
5 Banff Venture Forum 2007 companies received investment from AVAC Ltd. in 2008. AVAC Ltd. announces 2008 investments.
Aksys Networks Inc. Calgary Scientific Inc. Datagardens Inc. IntelliView Technologies Inc. Userful Corp.
IT Alumni
Redwood
Technologies
presented at Banff in 2007, and were voted "Best Presenting Company” in
the IT Stream. As part of CBC's event coverage Redwood was
interviewed for CBC Radio. At the time of the Forum, Redwood had an
open round of funding, which was successfully closed 2 months later, including
a six-figure investment from one angel investor that attended Redwood's
presentation at the Banff Venture Forum! Redwood went on to be
shortlisted globally as True Mobile Start-Up by the GSM Association at their
annual awards in February 2008. As a result of these recognitions,
Redwood has experienced a lot of publicity including magazine and newspaper
articles and most recently a national interview and feature on CBC
Television. Since the Banff Venture Forum Redwood has used the
funds raised to commercialize its products and services, to build out the core
team, and most importantly to secure traction with some of the world's biggest
wireless carriers and handset manufacturers, in preparation for the launch in
Q2 of 2008 of "momentem" , mobile telecom expense management and call
tagging. For more details on Redwood Technologies, visit their website at
www.redwoodtechnologies.com
Mixpo won audience favourite at Banff Venture Forum
2005 (Mixpo was named How2Share at the time). Initially angel financed,
the company secured USD $6.5M in its first venture capital financing in mid
2006, backed by Yaletown Venture Partners, Growthworks, and Madrona Ventures
(Seattle). The popularity of online video advertising is driving most of
the growth in local online ad spending and Mixpo is a pioneer in online video
advertizing. Mixpo’s video advertising platform enables interactive
agencies, ad networks, publishers, directories, and
marketplaces
to easily and affordably create, deploy, and optimize online video ads that
drive measurable results and fuel more effective marketing campaigns for their
clients. Mixpo has been recognized by Red Herring as one of “’s 10
Hottest Start-ups”. For more information on Mixpo visit their website at
www.mixpo.com
Energy Alumni
6N
Silicon
won the award for Best Presenting Company in the Energy Technology Stream at
Banff Venture Forum 2006. 6N Silicon secured $6M million in its initial
round of venture capital financing from Yaletown Venture Partners and Ventures
West in early 2007 and an additional $20M in a second round of venture
financing with those investors and Good Energies in 2008. In addition to
strong venture backing from a global syndicate of cleantech investors, 6N has
received multi-million dollar investments from EnCana, Sustainable Development
Technologies Canada, and the 6N is a developer of true solar grade silicon for
the photovoltaic (PV) industry. The global market for solar grade silicon is
projected to grow to $10.4 billion by 2010 from approximately $2.3 billion in
2006. For more information on 6N Silicon, visit their website at
www.6nsilicon.com
Life Sciences Alumni
Please Check Back for Updated Information
Banff
alumni companies are "HOT" in the USA. In the cover story "Hot in
Canada", Red Herring’s New York City-based correspondent identifies 10
Canadian start-ups that kept coming up in conversations with investors and
entrepreneurs during his research - two of them are past are both featured in
the September 2007 issue of Red Herring magazine as two of the 10 Hottest
Start-ups to watch in . Check the magazine cover story, and top 10
story, both focused on Canada, here:
http://mag1.olivesoftware.com/am/welcome/RDH/RedHerring_0827_2007.asp