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Founded Year

2012

Stage

Series A - II | Alive

Total Raised

$7.55M

Last Raised

$2.41M | 4 yrs ago

About Eigen Innovations

Eigen Innovations provides software solutions for the Industrial Internet. The company's software algorithm leverages ‛big data' information from industrial equipment and, based on the algorithm's optimization capability, provides control input into the key devices that operate the manufacturing process.

Headquarters Location

527 Queen Street Suite 130

Fredericton, New Brunswick, E3B 1B8,

Canada

506-333-3548

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Eigen Innovations's Products & Differentiators

    Eigen Machine Vision Platform

    A complete machine vision platform including Eigen software and hardware.

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Expert Collections containing Eigen Innovations

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Eigen Innovations is included in 1 Expert Collection, including Advanced Manufacturing.

A

Advanced Manufacturing

4,358 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

Eigen Innovations Patents

Eigen Innovations has filed 4 patents.

The 3 most popular patent topics include:

  • Chemical processes
  • Classification algorithms
  • Dimension reduction
patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/14/2015

4/23/2019

Image processing, Wireless networking, Industrial equipment, Feature detection (computer vision), Computer vision

Grant

Application Date

10/14/2015

Grant Date

4/23/2019

Title

Related Topics

Image processing, Wireless networking, Industrial equipment, Feature detection (computer vision), Computer vision

Status

Grant

Latest Eigen Innovations News

AI institute launched at University of New Brunswick

Sep 6, 2023

September 6, 2023 FREDERICTON – The UNB Research Institute in Data Science and Artificial Intelligence (RIDSAI) was launched at an event on August 22 that brought together members of the academic, industry and government communities to set the stage for the future of AI and data science in New Brunswick. Speakers included the Hon. Frank McKenna (pictured), former premier of New Brunswick and benefactor of UNB’s McKenna Institute; Erin Barrett, CEO of Eigen Innovations; and renowned AI expert and visionary, Dr. Kai-Fu Lee. The institute will bring together scholars from across the university to discover, create and deliver fundamental knowledge and innovative solutions to the people and groups who need it most. The institute will also be working with the artificial intelligence centre at Université de Moncton. Mr. McKenna said he started prodding the university two years ago about creating AI capability. He said the academic portion of the AI work will take place within the research institute, and the McKenna Institute, which he said helped raise money for the new institute, will have the job of ensuring that it gets into the hands of business people across New Brunswick. “Literally every company now is going to be powered by AI. Generative AI is the most transformational technology we’ve seen, literally since the printing press,” he said. “At UNB, we are dedicated to undertaking transformational research that addresses society’s grand challenges and to transferring the resulting knowledge and solutions to our communities,” said Dr. Paul J, Mazerolle, UNB president and vice-chancellor. “By supporting digital transformation through AI and data science leadership, we can advance our mission of building a stronger New Brunswick.” The RIDSAI builds on UNB’s strength in data science and AI scholarship. Many of the university’s researchers are at the forefront of AI and data science inquiry, leveraging these advanced capabilities for everything from disease modeling to language instruction to gaming. Others are exploring the ethical, legal and political ramifications of this transformative technology, bringing that expertise to bear to ensure that AI works effectively and functions justly. Dr. Paul Cook, the Institute’s interim director and associate professor of computer science, is a researcher who explores the intersection of AI and human language. He is eager to see partnerships flourish. “The potential applications – and benefits – of data science and AI are limited only by our imagination,” he said. “By working collaboratively, as researchers, industry and community, we can combine our creativity and our expertise to benefit New Brunswick, Atlantic Canada and beyond.” The RIDSAI has been born not just from the recognition of UNB’s research leadership but also from visionary minds that see its potential value and impact. Among those are Mr. McKenna, the benefactor of UNB’s McKenna Institute, an entrepreneurial centre driving digital transformation in New Brunswick, and various other donors, who together provided $3.5 million in financial support. The Institute’s research collaborations are being facilitated by UNB’s Research and Innovation Partnerships group. Individuals interested in working with the Institute, or any of UNB’s other leading researchers, are invited to visit unb.ca/innovation for more information.

Eigen Innovations Frequently Asked Questions (FAQ)

  • When was Eigen Innovations founded?

    Eigen Innovations was founded in 2012.

  • Where is Eigen Innovations's headquarters?

    Eigen Innovations's headquarters is located at 527 Queen Street, Fredericton.

  • What is Eigen Innovations's latest funding round?

    Eigen Innovations's latest funding round is Series A - II.

  • How much did Eigen Innovations raise?

    Eigen Innovations raised a total of $7.55M.

  • Who are the investors of Eigen Innovations?

    Investors of Eigen Innovations include BDC Capital, New Brunswick Innovation Foundation, Opportunities NB, Atlantic Canada Opportunities Agency and Globalive.

  • Who are Eigen Innovations's competitors?

    Competitors of Eigen Innovations include Bruviti and 4 more.

  • What products does Eigen Innovations offer?

    Eigen Innovations's products include Eigen Machine Vision Platform and 2 more.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

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