Emerging and High Growth Companies

DarwinAI in its $3.9 million Seed financing

DarwinAI
Team
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

On September 18, 2018, DarwinAI, a cutting-edge Artificial Intelligence start-up based in Waterloo, Ontario, announced that it has closed a $3.9 million seed financing round, co-led by Obvious Ventures and iNovia Capital, and angels from the Creative Destruction Lab accelerator in Toronto. 

DarwinAI’s platform works to help developers accelerate deep learning development. Currently, development in this area relies on finding the right reference models, determining how the model performs with certain training sets, and seeking out holes in the data.  

Osler, Hoskin and Harcourt LLP represented DarwinAI with a team consisting of Chad Bayne and Michael Grantmyre (Corporate).

Value
$3.9 million
Date Closed
September 1, 2018
Lead Office
Toronto
Team
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary