# ventureLAB

Investor in Markham, Ontario, Canada

## About ventureLAB

ventureLAB is a non-profit tech hub in Markham, Ontario, founded in 2011, powering hardtech founders to build and scale globally competitive ventures. It operates a 50,000 sq. ft. innovation space with $12 million in prototyping and testing labs.

Its Accelerate AI program is a six-month accelerator funded through Scale AI, with 70+ mentors, 25 advisors, discounted AI compute, IP support and demo days. The Hardware Catalyst Initiative incubates hardware and semiconductor startups, and Canada Catalyst offers soft landing and Start-Up Visa pathways.

Participation takes no equity. The Investment Readiness Program helps scale-ready companies build long-term capital strategies, and the Entrepreneurship & Innovation Fund provides $10,000 in funding. Companies in its community have raised over $420 million in private investment.

Accelerate AI accepts Canadian-based ventures with fewer than 500 employees focused on applied AI and intelligent value chain products, at the validation or efficiency stage with an MVP or initial traction. Applicants pitch a review panel, with rolling reviews.

## People

- **Hugh Chow**, CEO

## Key Facts

- **Location:** Markham, Ontario
- **Country:** Canada
- **Investor Type:** Accelerator
- **Founded:** 2011

## Investment Industries

- Artificial Intelligence (AI)
- Technology/Web/App
- Other

## How to Contact

Direct messaging, this investor's website, and their LinkedIn, Facebook, Instagram, YouTube, and X profiles are available with a paid Ask For Funding plan.

- [See plans and pricing](https://askforfunding.com/pricing)
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## More on Ask For Funding

- Full profile: https://askforfunding.com/investor/venturelab
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