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university globally for entrepreneurs – PitchBook 2025
The world invests where innovation thrives
With over US$10 billion in venture funding in the past five years alone, University of Toronto startups are shaping the future through AI, creating climate solutions and leading breakthroughs in biotech. At U of T, we connect investors with founders ready to scale globally and build what’s next.
top
5
in the world for university startup incubators
$
10
B+
USD in funding raised since 2020
1500
+
venture-backed companies created
Get the inside track on investment-ready startups
Six University of Toronto startups to watch right now.
Fueled by world-class research and determination, these U of T companies are developing breakthrough technologies, attracting global investment and creating solutions that shape how we power, heal, connect and sustain the world.
This AI startup is transforming customer engagement through intelligent, automated interactions.
Serial entrepreneur and Ada Co-founder Mike Murchison couldn’t keep up with customer service volumes for his previous company. Wanting to make customer service more efficient for enterprises, he and David Hariri launched Ada, an AI platform now valued at over US$1.2 billion.
This tech startup harnesses quantum chemistry to accelerate water purification breakthroughs.
After witnessing the impacts of water pollution during a trip to Mumbai at 14, Diana Virgovicova decided to dedicate her life to finding a solution. She immediately began teaching herself quantum chemistry and, at 17, modelled a molecule that can eliminate pollutants from water when exposed to sunlight.
This health tech startup is equipping pharmacies with smarter tools to deliver personalized care at scale.
MedEssist, a fast-growing health tech startup that provides a digital platform to help pharmacies grow and support their patient relationships, came together when two University of Toronto alumni met through mutual friends.
This cleantech startup powers communities with portable and affordable solar energy anywhere.
Reeddi manufactures portable and rechargeable batteries powered by solar charging stations to support people living in areas with unreliable energy infrastructure. Founded by Olugbenga Olubanjo, Reeddi now powers more than 3,000 households and businesses in Nigeria with clean electricity.
This biotech startup is revolutionizing drug delivery to enhance treatment precision and recovery.
AmacaThera offers an injectable hydrogel that delivers non-opioid painkillers precisely where needed, potentially transforming post-surgery care. AmacaThera has raised over US$15 million and has partnered with a leading global pharmaceutical company to produce a long-acting biologic drug.
This cleantech startup replaces plastics with plant-based alternatives built for a circular economy.
erthos is tackling the global plastic pollution crisis by developing high-performance biobased plastic alternatives. What started as a research project is now a fast-growing company that has raised USD $12M and secured partnerships with global giants.
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