Vector’s AI20 for 2023

April 3, 2023

Generative AI News

AI20 for 2023 – 20 Canadian startups to watch in 2023

The Vector Institute takes pride in highlighting Canada’s AI ecosystem and the wealth of skilled individuals who are shaping the future of the country’s economy and society. In this list we feature 20 Canadian AI companies to watch in 2023, out of over 150+ AI startups across Canada, ranging from those that have achieved significant funding to those still in their early stages, all utilizing AI in innovative and potentially transformative ways. Check out the Vector AI20 for 2023.

“The companies included on the Vector AI20 for 2023 will no doubt contribute to our future economic prosperity. From our health to the way goods travel, each company in their own unique way aligns with Vector’s vision of improving the lives of Canadians. Vector is proud to highlight these innovative startups as ones to watch as their successes transform the way we live in 2023 and beyond.”

Cameron Schuler
Chief Commercialization Officer and VP Industry Innovation, Vector Institute

Algolux

AltaML

Avidbots

BenchSci

BlueDot

BrainBox AI

Certn

co:here

DarwinAI

Deep Genomics

Klue

MindBridge

Otto Motors

Private AI

Signal 1

TrojAI

Untether AI

Waabi

Xanadu

xpertSea

“Canada has an incredible depth of AI talent and a world class eco-system as highlighted by the Vector AI20 for 2023. These companies are leading the way in a variety of industries and we continue to be excited about the future of the Canadian AI landscape.”

Mads Mihailescu
Head of R&D, Georgian

Our Selection Process

The shortlist of Canadian AI startups, representing diverse leadership and AI applications, was compiled by Vector through analysis of major 2021-2022 milestones, including funding rounds and project wins, as well as consultation with industry partners, to best capture the key regions of AI innovation across Canada.

“RBCx backs Canada’s most daring innovators and idea generators, including the incredible pool of talent working on cutting-edge AI solutions. The companies profiled here reinforce our belief that Canada is poised for significant success developing AI-based technologies at a global scale. They benefit from the strength and reputation of Canada’s economy, our world-leading academic research, and growing commercialization of AI. RBCx is proud to support the continued growth of Canada’s maturing AI ecosystem.”

Dan Juskovic
Vice President, RBCx, National Lead, Life Sciences

Canada’s AI Ecosystem

Over the past several years, Canada’s AI startup ecosystem has matured, attracting global attention. Even in the face of economic headwinds, Canadian entrepreneurs are building AI-enabled companies at the forefront of technological innovation.

Canada’s AI research leadership presents a rare chance to generate and maintain AI-driven economic growth that enhances the lives of Canadians. This includes equipping companies with new tools to improve productivity and create high-paying jobs, innovating in health care to enhance quality of life, and leveraging AI to drive efficiency in manufacturing, energy use, fraud detection, data security, and disease control.

“Canada is in a unique position to advance trusted AI adoption globally through a confluence of advanced research, growing investment, and top talent.”

Sami Ahmed
Senior Vice President, Architecture, Infrastructure, Data & Analytics, OMERS

Work with Vector

Vector’s objective is to connect pioneering AI research with real-world applications, not only in Canada but also worldwide. To achieve this, Vector offers a suite of Industry Innovation programs exclusively to its industry sponsors, to expedite the integration of advanced AI in their organizations.

Accelerate with Vector

Vector enables Canadian leaders to adopt AI within their organizations and innovate by providing them with access to talent, research, and the capabilities of Vector’s AI Engineering team.

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