Press Release

Open Sky Incubator Announces Open Sky Ventures

August 3, 2017, Kitchener-Waterloo, Ontario: Open Sky is excited to announce the launch of Open Sky Ventures – a consulting company ready to invest in high-potential entrepreneurs and startups.

Open Sky Ventures is partnering with Techno Ventures to provide more than funding, offering strategic consulting and access to a diverse network of investors and mentors. They are expanding their portfolio in Internet of Things (IoT), cognitive, and artificial intelligence (AI) technologies, as well as supporting several non-technology businesses.

LOT42 Global Flex Campus will continue offering 41 Ardelt Place as co-working and office space, and Open Sky Ventures looks forward to continuing their strategic partnership as they transform the 17-acre campus.

In the last year, Open Sky has offered a home to seven resident tenants, one corporate innovation program, and over 25 co-working companies, specializing in industries such as IoT, manufacturing, technology consulting, and financial professional services. The team has assembled a network of over 25 mentors, investors, and companies that have provided free consultation to over 50 entrepreneurs in KW and Toronto. They have hosted over 30 professional development and networking events for local technology companies and small businesses.

Founder Emile McLean stated, “Open Sky Ventures will allow us to continue our mandate of helping early-stage entrepreneurs bring their innovative ideas and differentiated business models to market. I’m proud of what our team has accomplished in the last year, and look forward to our continued partnerships with local startups, businesses, and LOT42.”

Open Sky Ventures is now focusing on expanding their portfolio of funded startups. For more information visit www.openskyventures.ca, or contact hello[at]openskyventures.ca.

About Open Sky:

Open Sky Ventures is a venture capital and consulting company based in Kitchener-Waterloo, Ontario. They offer funding and strategic support to technology companies in the IoT, cognitive, and AI space, as well as non-technology companies who are disrupting their industries. Their current portfolio includes Pepprell Distilling Company Inc and SkyCon Games.

 

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