As a hub of innovation and technology, Canada is home to a fast-growing number of startups, especially within the Computer Vision industry. These startups, often fueled by advancements in artificial intelligence and machine learning, are working towards solutions that have the ability to revolutionize numerous sectors from healthcare to home security. A few such Canadian startups that have emerged in or after 2020 have been turning heads with their innovative approach and the potential to disrupt traditional practices within the industry. These startups have succeeded in grabbing the spotlight with their unique offerings within a short time span, indicating a bright future for the industry.
The advent of Computer Vision has opened up new possibilities in the way we perceive the world around us. Driven by AI and machine learning, computer vision analyzes and interprets the visual world, just like the human eye, but with much more accuracy and speed. This technology is now being employed by a growing number of Canadian startups, disrupting traditional practices in healthcare, retail, construction, sports, home security, agriculture, and public safety among other sectors.
While the global Computer Vision market was valued at USD 3.4 billion in 2020 and is expected to reach USD 17.4 billion by 2025, the Canadian startups are leaving no stone unturned to make their mark in this booming industry. Here are some of the promising Canadian startups that are harnessing the power of Computer Vision:
HUEX Labs
Founded by Anik Seth, Jiping Sun, and Kiran Kadekoppa, HUEX Labs is a Toronto-based start-up that is making strides in several spheres including artificial intelligence, computer, computer vision, hospitality, machine learning, retail, software, and speech recognition. They have developed AiDA, a voice-enabled digital assistant that handles customer conversations in live industry environments. HUEX Labs endeavors to create an unparalleled guest experience through AI.
SBX Robotics
Improving computer vision models through synthetic data, SBX Robotics is a rising venture founded by Ian Dewancker and Josh Kuntz. Located in Toronto, this startup is bringing together artificial intelligence, computer vision, machine learning, robotics, and software to construct better computer vision models. SBX Robotics aims to revolutionize the field through their training data algorithms.
Machine Learning Estimation
Another prominent Toronto-based startup, Machine Learning Estimation, founded by David Yang and Michael Lawton, is employing software to extract detailed quantity take-offs from building designs. Enhancing operations in the construction sector, their technology allows PDF drawings to be uploaded and used with existing estimating programs. Machine Learning Estimation has carved out a niche for itself in the sphere of Computer Vision.
Fortius Labs
Co-founded by Abdelhamid El Bably and Benjamin Lee, Fortius Labs is a healthtech company developing software to automate and objectify movement-based injury risk and performance assessments. Located in Toronto, they utilize computer vision algorithms to analyze 3D human motion from webcam/smartphone videos, and recommend exercise progressions to mitigate injury/performance risks. Fortius Labs is making waves in the computer vision and healthcare industry.
Wolf iris AI
Wolf iris AI, located in Toronto, provides world-class home and business security services using artificial intelligence, machine learning and computer vision technologies. Their AI-powered, 24/7 LIVE video monitoring technology enables a proactive approach to home and business security. Wolf iris AI is working dedicatedly to transform computer vision in the security industry.
Sentire
Based out of Vancouver, Sentire is positioned uniquely in sectors like agriculture, artificial intelligence, computer vision, drones, horticulture, machine learning, and robotics. The startup, founded by Mahsoo Salimi, is known for making robots smarter, thus enabling fast learning, adaptation, and reaction to complex environments. Sentire is innovating agricultural practices through advanced AI and computer vision methods.
Cat’s Eye
Co-founded by Ahmad Mahooti, Golzad Fadaei, Hamid Ghadimi, and Yasaman Majidifard, Cat’s Eye is a Victoria-based startup that has developed an AI-based audio-visual real-time violence detector. The alert system enables the prevention of bullying incidents in schools by alerting the staff members in real time. Cat’s Eye is enhancing public safety with their unique AI and computer vision solution.
METAWORLDX
Focused on climate solutions technology, METAWORLDX constructs, deploys, and licenses digital environments for engineering, planning, architecture, and other projects. Founded by Raza Jafri in Toronto, they specialize in computer vision, data visualization, information technology, real estate, software, and video. METAWORLDX is leading the way toward smarter future decisions through their Digital Twin Technology.
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