February 2022 - Concrete Ventures

Month: February 2022

Month: February 2022

Investment News

It’s time for our quarterly portfolio updates!

We’re proud to announce our newest portfolio member, trophi.ai! trophi.ai joined us in December 2021 and is building the future of AI-enhanced coaching. They offer athletes the ability to up their game by leveraging the latest in AI technology. For the first time, the benefits of professional coaching will be accessible to everyone with an internet connection. 

Our portfolio company Securicy changed their name to Carbide and announced an additional $4.1M seed funding. The additional funding finishes off a successful year with 300% customer growth and a doubling in team size. Carbide currently has over a dozen job openings available.

Back in November, our portfolio company Rally received a $500,000 investment through ACOA’s Regional Economic Growth through Innovation (REGI). With this funding, Rally will create seven highly skilled jobs and support the development of their software through various marketing activities.

Event & Award News

During the Renewable Natural Gas Conference in December, Anessa presented a panel about Evaluating RNG as an Investment

In November, Talkatoo was one of 8 finalists to present at the Annual SAAS NORTH PitchFest in Ottawa.

At the end of October, Rally graduated from the Genesis Centre’s incubator program.

October was a great month for our portfolio company TrojAI, as well. They won the “Most-Promising Start-up” award during the 5th Annual ACADA Industry Excellence Awards. TrojAI was one of four Atlantic Canadian companies to be celebrated for their success and excellence in the aerospace, defense and security industries. 

In addition, TrojAI was recognized by Gartner as a Representative Vendor for Adversarial Assistance. They were also among the Top 5 Startups to compete at the 2021 Startup Global Pitch Competition. 

More exciting news in October came from Anessa, who made the list of finalists for the 2021 Fredericton Chamber of Commerce Business Excellence Awards.

3D Planeta was among 12 top-performing companies across Atlantic Canada to present at the 2021 Technology Showcase at the Atlantic Venture Forum.

Moreover, TrojAI, Anessa and 3D Planeta were among 6 Atlantic Canadian companies to present at the CIX Atlantic Canada Tech Showcase.