MaRS and Innovate UK launch third cohort for advanced manufacturing startups

Seven UK ventures providing solutions in fields such as aerospace, inventory management, and bio-manufacturing look to scale in North America

TORONTO, September 26, 2023 – MaRS Discovery District today announced that it is joining forces with Innovate UK’s (IUK) Global Incubator Programme once again to launch the third cohort for advanced manufacturing startups. Seven of the UK’s most promising companies in the sector will participate in the program at our innovation hub in Toronto to scale in North America and find new partnerships and customers from around the world.

“We are thrilled to welcome our third advanced manufacturing cohort to Canada, thanks to the valuable support of our partners at Innovate UK,” said Morgan Lorimer, Senior Program Manager at MaRS. “We are continually impressed by the high-caliber of companies interested in participating in these programs and we eagerly look forward to seeing how this upcoming cohort will contribute to enriching the Canadian ecosystem.”

Innovate UK, the UK’s innovation agency, is creating a blueprint for future programs with MaRS and collaborations among accelerators, incubators and private ventures around the world.

The third cohort of the Innovate UK Advanced Manufacturing Incubator Program for 2023 boasts an array of startups spanning industries from aerospace to sustainability.

The members of this advanced manufacturing cohort are:

NK Scaled Technology specializes in innovative materials, while Additive Manufacturing Solutions pioneers sustainable manufacturing feedstocks. Invisu leads in Industry 4.0 with its digital twin tech. Scintam Engineering excels in electrical discharge machining, and Carbogenics focuses on sustainable carbon materials. Inventor-e redefines inventory management with IoT vending solutions, and Loop Technology transforms high-value manufacturing.

The five-month program includes targeted workshops, advisory support and networking opportunities to help the participants sharpen their value proposition and pitches. By integrating the UK ventures into the MaRS ecosystem, the cohort will get a comprehensive understanding of the shape and needs of North America’s advanced manufacturing community.

“I am excited to continue to develop our partnership with MaRS as we work together to support the best of UK innovation in Advanced Manufacturing to grow and scale in North America with the launch of this third cohort as part of the Innovate UK Global Incubator Programme,” said Jon Hazell, Partnership Manager – North America and Global Incubator at Innovate UK.

About MaRS
MaRS is North America’s largest urban innovation hub. A registered non-profit, MaRS supports high-growth startups and scale-ups tackling key issues in health, cleantech, fintech and other sectors. In addition, MaRS convenes all members of the tech ecosystem to drive breakthrough discoveries, grow the economy and make an impact by solving real problems for real people — in Canada and around the world.

About Innovate UK
Innovate UK, part of UK Research and Innovation (UKRI), is the UK’s national innovation agency. We support business-led innovation in all sectors, technologies and UK regions. We help businesses grow through the development and commercialisation of new products, processes, and services, supported by an outstanding innovation ecosystem that is agile, inclusive, and easy to navigate.

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