SOFII Success Stories

Discover the impact of the Southern Ontario Fund for Investment in Innovation (SOFII), delivered by Community Futures Eastern Ontario, supported by Federal Economic Development Agency for Southern Ontario, empowering high-growth, innovative SMEs like TryCycle Data Systems Inc. in both rural and urban communities.

SOFII funding was used for working capital to complete the development of the 9103 multiplexor, supporting Lab and Network Equipment Building Systems (NEBS) testing and towards the development of the next generation of products.

What happens when innovative companies get access to the right funding at the right time?

SOFII funding provided working capital to scale operations to on board new clients in both Canada and the US and introduce new service and product enhancements.

FireRein is changing the game in fire safety with Eco-Gel^™, the world’s only certified 100% bio-based water additive for firefighting and fire prevention.

SOFII funding provided working capital to further develop the AI/ML-based tasking and cueing capabilities of the Larus Technologies Total::Perception™ product  with the goal to increase its Technology Readiness Level (TRL) to 8 as the software system is readied for a demonstration within an operational environment.

SOFII funding provided working capital to finish development of some key enterprise technology enhancements and to expand their sales team to increase their annual recurring revenues.

RVezy, the “Airbnb for RVs,” has grown from a small marketplace to one of North America’s largest RV rental fleets, with close to 13,000 vehicles.

SOFII provided funding for working capital for additional farming production, and to install advanced data tracking to improve yield; purchase advanced dehydration and grinding equipment to expand capacity; accelerate their BRC certification, a 3rd party food and safety standard required by the larger food companies.

Mission Control is at the forefront of space exploration, powering robotics and deep learning in space using their innovative cloud-based software.

SOFII funding was used for working capital to commercialize the Fusebill IoT Module and to scale sales, marketing and support teams.

The company required capital to assist in the European launch of the MAQS product, United Kingdom as first stage entry then multi stage launch into the rest of the European Union.