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Accelerator Centre company logo
Incubator/Accelerator
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Management & Strategy Consulting
acceleratorcentre.com

Investments

86

Portfolio Exits

1

Partners & Customers

10

About Accelerator Centre

The Accelerator Centre develops and commercializes technology start-ups. Through its Accelerator Program, early-stage companies benefit from in-depth business coaching and support services, including access to office facilities, coaching and mentoring, education, connections to capital, networking, R&D support, and outreach, talent recruitment, technology transfer assistance, and commercialization expertise, enabling technology start-ups to move to market faster, create jobs and stimulate economic activity. It was founded in 2015 and is based in Waterloo, Ontario.

Headquarters Location

295 Hagey Blvd., 1st Floor West Entrance

Waterloo, Ontario, N2L 6R5,

Canada

519-342-2400

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Latest Accelerator Centre News

Accelerator Centre opens applications for new aerospace accelerator program

Feb 1, 2024

Selected startups can potentially test their tech at Waterloo’s international airport. Share: The Kitchener-Waterloo-based Accelerator Centre (AC) has opened applications for the inaugural cohort of its Aerospace Accelerator. The program will culminate in a demo day featuring an international network of investors, airport operators, and corporate partners. Ten companies in the aerospace sector will be selected to join the program, which intends to provide a combination of remote and in-person access to mentorship, networking opportunities, and potential investors. The program will also provide the potential use of test facilities, including the Region of Waterloo International Airport. The program was created in collaboration with the municipal government of the Waterloo Region and Airbus subsidiary Navblue , which develops flight operations software. AC said in a statement that the program aims to grow aerospace technologies and the economy of the region, adding that participants will benefit from access to Navblue’s industry expertise. “Bringing new technologies to market in the aviation industry is complex. Working with AC allows us to combine Navblue’s flight operations expertise and Airbus’ design and manufacturing knowledge to provide mentorship and support the development of new technologies,” Navblue CEO Marc Lemeilleur said in a statement. AC has supported notable Canadian tech companies during its history, such as Axonify, Clearpath Robotics, and Miovision. Companies selected for the Aerospace Accelerator will participate in nine months of programming beginning in March. AC says the cohort can leverage up to $500,000 of in-kind perks and discounts from partners including AWS, Google for Startups, and HubSpot. The program will culminate in a demo day featuring an international network of investors, airport operators, and corporate partners. AC says it is looking for “industry-disrupting technologies” from across Canada, but preference will be given to founders whose startups are in or have a strong connection to the Waterloo Region. The application portal can be found on AC’s website and will close on Feb. 22, 2024.

Accelerator Centre Investments

86 Investments

Accelerator Centre has made 86 investments. Their latest investment was in Carmina de Young as part of their Seed on May 19, 2020.

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Accelerator Centre Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/19/2020

Seed

Carmina de Young

$0.03M

Yes

1

5/19/2020

Seed

JASPR

$0.03M

Yes

1

5/19/2020

Seed

Unlearn

$0.03M

Yes

1

5/19/2020

Seed

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$99M

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10

5/19/2020

Seed

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$99M

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10

Date

5/19/2020

5/19/2020

5/19/2020

5/19/2020

5/19/2020

Round

Seed

Seed

Seed

Seed

Seed

Company

Carmina de Young

JASPR

Unlearn

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Amount

$0.03M

$0.03M

$0.03M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

1

10

10

Accelerator Centre Portfolio Exits

1 Portfolio Exit

Accelerator Centre has 1 portfolio exit. Their latest portfolio exit was Brisk Synergies on January 13, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/13/2020

Acquired

$99M

1

Date

1/13/2020

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

Accelerator Centre Partners & Customers

10 Partners and customers

Accelerator Centre has 10 strategic partners and customers. Accelerator Centre recently partnered with NAVBLUE, and Region of Waterloo on February 2, 2024.

Date

Type

Business Partner

Country

News Snippet

Sources

2/1/2024

Partner

France, and Canada

Accelerator Centre launches inaugural Aerospace Accelerator Program

We are fortunate to be home to many world-class aviation and aerospace companies like NAVBLUE and are excited to partner with them and the Accelerator Centre to grow Waterloo Region 's aviation and aerospace cluster . ''

1

11/21/2023

Vendor

Canada

The Accelerator Centre Partners with Mantle to Offer Founders AI-powered Equity Management Platform

With this partnership , Mantle now provides Accelerator Centre founders with access to their full suite of features including its AI , Term Sheet Modeler and Cap Table Manager .

1

10/12/2023

Partner

India

Accelerator Centre Partners with India's Largest Incubator to Launch North American Market Access Program.

The Accelerator Centre is pleased to announce the next cohort of our International Market Immersion Program in collaboration with T-Hub , a premier innovation hub and ecosystem enabler based out of Hyderabad , India .

1

1/18/2023

Partner

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10

9/15/2022

Partner

Canada

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10

Date

2/1/2024

11/21/2023

10/12/2023

1/18/2023

9/15/2022

Type

Partner

Vendor

Partner

Partner

Partner

Business Partner

Country

France, and Canada

Canada

India

Canada

News Snippet

Accelerator Centre launches inaugural Aerospace Accelerator Program

We are fortunate to be home to many world-class aviation and aerospace companies like NAVBLUE and are excited to partner with them and the Accelerator Centre to grow Waterloo Region 's aviation and aerospace cluster . ''

The Accelerator Centre Partners with Mantle to Offer Founders AI-powered Equity Management Platform

With this partnership , Mantle now provides Accelerator Centre founders with access to their full suite of features including its AI , Term Sheet Modeler and Cap Table Manager .

Accelerator Centre Partners with India's Largest Incubator to Launch North American Market Access Program.

The Accelerator Centre is pleased to announce the next cohort of our International Market Immersion Program in collaboration with T-Hub , a premier innovation hub and ecosystem enabler based out of Hyderabad , India .

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Sources

1

1

1

10

10

Accelerator Centre Team

3 Team Members

Accelerator Centre has 3 team members, including current Chief Executive Officer, Jay Krishnan.

Name

Work History

Title

Status

Jay Krishnan

Chief Executive Officer

Current

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Name

Jay Krishnan

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Work History

Title

Chief Executive Officer

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Status

Current

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