ventureLAB is a leading tech hub that helps tech companies build, grow and scale their businesses.

ventureLAB is Canada’s second largest tech cluster, that supports tech entrepreneurs and small businesses.

ventureLAB was established in 2011 and is headquartered in Markham, Ontario, Canada.


ventureLAB's Hardware Catalyst Initiative is Canada's first lab and incubator for founders building hardware and semiconductor-focused products. Funded in part by the Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).


ventureLAB has supported over 2,000 entrepreneurs in a region that is home to over 4,300 technology companies and 65,000 tech jobs. ventureLAB’s 50,000 square foot innovation hub is home to over 45 tech companies and innovation partners that employ over 300 people.


ventureLAB is backed by FedDev Ontario, Government of Canada, Government of Ontario, Regional Municipality of York, and others. The company raised CAD$2.5M in provincial round on Apr 12, 2022. This brings ventureLAB's total funding to CAD$13.9M to date.



  • Year founded: 2011
  • Funding Info: CAD$13.9M over 4 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Markham
  • State: Ontario
  • Country: Canada
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