AXL Venture Studio AI Startup Initiative

About

AXL Venture Studio, founded by Dr. Daniel Wigdor, aims to establish 50 AI startups in Canada over the next five years, providing essential funding and resources to entrepreneurs, particularly those transitioning academic research into market-ready applications, thereby addressing the talent drain in the AI sector and fostering local innovation.

Benefits

• Access to a $15 million venture fund
• Support in establishing 50 AI companies over five years
• Partnerships with industry leaders like Dentons for legal and tax innovation
• Funding, industry resources, partnerships, and entrepreneurial infrastructure

Eligibility Criteria

• Open to AI startups and entrepreneurs in Canada
• Focus on those converting academic research into market applications
• Particularly targeting Toronto and Ontario