One of the most challenging times for an emerging startup, especially a technology-focused one, is the pre-revenue stage. In this stage, all resources are going into building a proof of concept, a minimum viable product, and a marketable deliverable. Sometimes, what is important and what is immediate can’t be easily differentiated. In the case of an early startup where money can mean the difference between life and death of a company, generating revenue from selling supplementary products and services can be one of the most valuable decisions entrepreneurs can make.
As a venture capital (VC) fund, we at TandemLaunch see ourselves primarily as investors in people and technology. Our foundry approach to company creation, however, requires a different approach to opportunity evaluation. Where a more traditional VC fund is given a configuration of technology, talent and business strategy to evaluate as a whole, we must find a way to evaluate potential configurations of these aspects before they exist. How we do this will be the subject of this series of articles.
September 25, 2020
TandemLaunch Inc, the Montreal-based deep-tech venture studio, announced the funding of OPTIUS to build the next-generation photonic AI accelerator chips.
“As one of the most active AI venture builders, TandemLaunch is always looking for technologies that can offer computing breakthroughs for AI applications. OPTIUS unique framework offers this breakthrough in a practical format for many applications. We are excited to support OPTIUS as they bring their technology to market.” Said Dr. Helge Seetzen, CEO of TandemLaunch.
LATYS is leveraging groundbreaking research in the area of reconfigurable metasurfaces to create the world’s first non-reciprocal wireless relay system that breaks the current rules of antenna design. LATYS proprietary technology is built using non-resonant metasurfaces that allow us to build ultra-compact wireless relays that are dynamically reconfigurable and are inherently immune to interference, multipath fading, and noise.
First published in 2010
Almost a decade ago, I wrote a blog post about diversity and the techniques used at TandemLaunch to leverage diverse teams for greater success. TandemLaunch has changed a lot since those early days. We have created over 30 companies who now employ over 1,000 professional, raised three funds and learned countless lessons throughout that journey. But our commitment to diverse and recognition of the value brought by diverse teams remain just as strong.
The world has also changed during this decade. The #metoo movement and current racial equality moments have transformed many aspects of our society. Equality, diversity and inclusion have moved forward in our collective consciousness and much progress has been made on many fronts. Yet, even more progress will be needed in the future if we really want to make the entrepreneurial world accessible with equal opportunity. In that spirit, I have dusted off the old blog post, updated the temporal references and made it available again for your reading pleasure.
SDTC Funds Omniply
Omniply’s Clean Technology Aims to Create Sticker Electronics for OLED Displays and Sensors
Montreal, Canada, July 30, 2020: Omniply Technologies the creator of flexible sticker electronics, today proudly announced that it has received funding from Sustainable Technology Development Canada (SDTC). SDTC focuses on helping Canadian Entrepreneurs accelerate the development and deployment of globally competitive clean technology solutions.
TONZ provides high-quality digital audio processing tools to support the varying practices of Gen Z musicians. Only TONZ has the technology to model complex non-linear processes, allowing us to produce superior quality audio processing products, music technology framework to support our customers.
TandemLaunch stands in solidarity
Racism is a vile expression of the most primitive human flaws and deserves condemnation wherever it is encountered. No human should suffer the oppressive violence we have witnessed. But condemnation and support alone may not be enough. Our world shares a tragic history of oppression of minority groups that isn’t fading despite decades of activism. We need more.
THE LAUNCH: a Podcast by TandemLaunch - interview with Ashok Prabhu Masilamani, CTO and Founder at Stratuscent
Editor’s Note: The Launch a Podcast by TandemLaunch is brought to you by PodBean.
This episode features Ashok Prabhu Masilamani — who is currently a chief technology officer and founder at Stratuscent, which is an electrical & electronic manufacturing start-up based in Montreal. Stratuscent’s breakthrough portable, real-time, and low-cost electronic nose leverages chemical sensing and artificial intelligence (AI) to detect, digitize, and catalog simple and complex everyday scents enhancing brand identification, quality control, yield, and safety.