Innovation Factory
Investments
1Partners & Customers
1About Innovation Factory
Innovation Factory (iF) is a not-for-profit Regional Innovation Centre funded by the Ontario Network of Entrepreneurs and located in Hamilton, Ontario since 2011. iF ignites innovation. Through workshops, programming, one-on-one mentoring and aiding with access to funding, we help startups commercialize their ideas and small/medium enterprises innovate within their organizations. Whether you have an idea on the back on a napkin or a working product with paying customers, we can help get you to the next level.
Latest Innovation Factory News
Jul 29, 2020
Science Applications International Corp. has announced plans to add a new Innovation Factory Hub in Huntsville, Alabama, the company’s second largest single location, expanding its presence and support to local customers. This expansion allows SAIC to support emerging needs, while also leveraging its solutions and companywide expertise, said Jim Scanlon , SAIC executive vice president and general manager of the Defense Systems Group. James Scanlon, SAIC “With all sectors rapidly implementing technology to meet and conduct business virtually, our new Innovation Factory Hub will enable our Huntsville-area customers to accelerate solutions to meet their mission requirements,” he said. SAIC’s Innovation Factory is a nationwide network of physical and virtual environments using a highly automated, cloud-hosted toolset; agile practices; and DevSecOps production chains to rapidly build, test and deploy first iterations of solutions quickly and then enhance them quickly through close customer collaboration. Charles Onstott, SAIC The Innovation Factory Hub is focused on driving defense modernization efforts while addressing the technical challenges associated with DOD multi-domain operations and force modernization initiatives, said SAIC Chief Technology Officer Charles Onstott. “Our researchers and engineers will leverage digital engineering and agile software development to enable the DOD to rapidly explore and implement innovative technologies, such as big data analytics, artificial intelligence, augmented and virtual reality, and modeling and simulation, focused on improving mission outcomes,” he said. Follow @WashingtonExec
Innovation Factory Investments
1 Investments
Innovation Factory has made 1 investments. Their latest investment was in Niyukti.AI as part of their Incubator/Accelerator on July 7, 2023.
Innovation Factory Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/28/2023 | Incubator/Accelerator | Niyukti.AI | Yes | 1 |
Date | 7/28/2023 |
|---|---|
Round | Incubator/Accelerator |
Company | Niyukti.AI |
Amount | |
New? | Yes |
Co-Investors | |
Sources | 1 |
Innovation Factory Partners & Customers
1 Partners and customers
Innovation Factory has 1 strategic partners and customers. Innovation Factory recently partnered with HaloHealth on September 9, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
9/5/2023 | Partner | Canada | Hamilton , ON , September 5 , 2023 -- In support of commercializing healthcare and life science companies , Innovation Factory is pleased to announce a memorandum of understanding with HaloHealth to deliver a collaborative medical assessment and physician advisory service . | 1 |
Date | 9/5/2023 |
|---|---|
Type | Partner |
Business Partner | |
Country | Canada |
News Snippet | Hamilton , ON , September 5 , 2023 -- In support of commercializing healthcare and life science companies , Innovation Factory is pleased to announce a memorandum of understanding with HaloHealth to deliver a collaborative medical assessment and physician advisory service . |
Sources | 1 |
Innovation Factory Team
2 Team Members
Innovation Factory has 2 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
Thomas D. Weldon | Accuitive Medical Ventures, LipoSonix, Neuronetics, and Novoste | Founder | Current |
Name | Thomas D. Weldon | |
|---|---|---|
Work History | Accuitive Medical Ventures, LipoSonix, Neuronetics, and Novoste | |
Title | Founder | |
Status | Current |
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