# Creative Destruction Lab: portfolio, investments and team

> Creative Destruction Lab is an accelerator based in Canada. 427 investments on record, 65 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/creative-destruction-lab (Millionrounds; every figure on the page links to its filing or article)

Canada · [Investor](https://millionrounds.com/investors)

# Creative Destruction Lab

Last cheque observed Sep 2026; 427 cheques on record.

Deploying now Accelerator

Pre-seed Seed Series A Genai Data Science Big Data

Deploying now

**79%** of best year **65** **cheques in 12 months**, 427 on record

Since the last cheque **32** days **00** hrs **00** min **00** sec

Median round **$3.0M** Rounds led **0 of 427** Sole investor **48 rounds** Mostly in **Canada, 56%**

Pitch Creative Destruction Lab

## Creative Destruction Lab highlights

- 01 65 cheques in the last 12 months
- 02 Mostly Venture and Seed: 62% of its rounds
- 03 Sole investor in 48 rounds, median $999K

## What they do

> Creative Destruction Lab (CDL) is a nonprofit organization that delivers an objectives-based program for massively scalable, seed-stage, science- and technology-based companies. From their own website

- **Type:** Accelerator (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Genai Data Science Big Data
- **Based in:** Toronto, Canada
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **427 appearances**

- **2026** 53 rounds
- **Sept** **[Axya](https://millionrounds.com/company/axya)** Series A · CA · BetaKit **$12M** With 7 others
- **Sept** **[Altis Labs](https://millionrounds.com/company/altis-labs)** Series A · CA · BetaKit **$25M** With 7 others
- **Sept** **[Lucent BioSciences](https://millionrounds.com/company/lucent-biosciences)** Grant · CA **$1.4M** With 3 others
- **Sept** **[Summit Nanotech](https://millionrounds.com/company/summit-nanotech)** CA **$3.0M** With 1 other
- **Sept** **[QurCan Therapeutics Inc.](https://millionrounds.com/company/qurcan-therapeutics-inc)** Venture · CA **$3.0M** With 2 others
- **Aug** **[Nth Cycle](https://millionrounds.com/company/nth-cycle)** Grant · US **$100M** With 3 others
- **Jul** **[Antora Energy](https://millionrounds.com/company/antora-energy)** Series C · US · Crunchbase News **$550M** With 14 others
- **Jul** **[Greyparrot](https://millionrounds.com/company/greyparrot)** Series B · GB · TechStartups **$27M** With 4 others
- **Jul** **[Multiverse Computing](https://millionrounds.com/company/multiverse-computing)** Series C · ES · Firms' own news pages **$570M** With 19 others
- **Jul** **[Exin Therapeutics](https://millionrounds.com/company/exin-therapeutics)** Grant · US **$500K** With 2 others
- **Jul** **[3D BioFibR](https://millionrounds.com/company/3d-biofibr)** Seed · CA **$100K** With 2 others
- **Jul** **[3D Spark](https://millionrounds.com/company/3d-spark)** Grant · DE **$2.3M** With 1 other
- **Jul** **[Cubtale](https://millionrounds.com/company/cubtale)** Grant · US **$100K** With 1 other
- **Jul** **[AILOS Robotics](https://millionrounds.com/company/ailos-robotics)** Grant · BE **$4.1M** With 1 other
- **Jul** **[Vocxi Health](https://millionrounds.com/company/vocxi-health)** Venture · US **Undisclosed** With 1 other
- **Jun** **[NewOrbit](https://millionrounds.com/company/neworbit)** Series A · GB · Ventureburn **$19M** With 9 others
- **Jun** **[Hydromea](https://millionrounds.com/company/hydromea)** Grant · CH **$1.0M** With 3 others
- **Jun** **[H2nanO](https://millionrounds.com/company/h2nano)** Grant · CA **$323K** With 1 other
- **Jun** **[SensorUp](https://millionrounds.com/company/sensorup)** Venture · CA **Undisclosed** With 1 other
- **Jun** **[Syzygy Plasmonics](https://millionrounds.com/company/syzygy-plasmonics)** Venture · US **Undisclosed** With 2 others
- **May** **[ECOncrete](https://millionrounds.com/company/econcrete)** Venture · US **$14M** With 1 other
- **May** **[Human in Motion Robotics](https://millionrounds.com/company/human-in-motion-robotics)** Grant · CA **$2.2M** With 2 others
- **May** **[ProteinQure](https://millionrounds.com/company/proteinqure)** Grant · CA **$1.8M** With 4 others
- **Apr** **[A&K Robotics](https://millionrounds.com/company/a-and-k-robotics)** Series A · CA · TechStartups **$5.9M** With 8 others
- **Apr** **[Carbon Upcycling Technologies](https://millionrounds.com/company/carbon-upcycling-technologies)** Debt · CA · Ventureburn **$10M** With 3 others
- **Apr** **[DeepSpin](https://millionrounds.com/company/deepspin)** Grant · DE **$2.6M** With 4 others
- **Apr** **[SB Quantum](https://millionrounds.com/company/sb-quantum)** Seed · CA **$4.0M** With 2 others
- **Apr** **[Ideon Technologies](https://millionrounds.com/company/ideon-technologies)** Grant · CA **$1.7M** With 3 others
- **Apr** **[Plurilock](https://millionrounds.com/company/plurilock)** Venture · CA **Undisclosed** With 1 other
- **Mar** **[CoLab Software](https://millionrounds.com/company/colab-software)** Debt · CA **$1.0M** With 4 others
- **Mar** **[CisLunar Industries](https://millionrounds.com/company/cislunar-industries)** Seed · US **$2.6M** With 3 others
- **Mar** **[Smart Access](https://millionrounds.com/company/smart-access)** Series A · CA **$12M** With 1 other
- **Mar** **[Specific Biologics](https://millionrounds.com/company/specific-biologics)** Grant · CA **$1.3M** Sole investor
- **Mar** **[H2nanO](https://millionrounds.com/company/h2nano)** Grant · CA **$1.3M** With 1 other
- **Mar** **[Moon](https://millionrounds.com/company/moon)** Venture · US **$8.7M** With 1 other
- **Mar** **[Reaction Dynamics](https://millionrounds.com/company/reaction-dynamics)** Grant · CA **$6.1M** With 3 others
- **Mar** **[PhenoTips](https://millionrounds.com/company/phenotips)** Venture · CA **Undisclosed** With 2 others
- **Feb** **[Dhruva Space](https://millionrounds.com/company/dhruva-space)** Grant **$552K** With 1 other
- **Feb** **[BEIT Inc.](https://millionrounds.com/company/beit-inc)** Venture · PL **$3.5M** With 4 others
- **Feb** **[MIMOSA Diagnostics](https://millionrounds.com/company/mimosa-diagnostics)** Venture · CA **$100K** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **5** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Pre-seed Seed Series A

Median round joined **$3.0M** the round, not its cheque Alone, median **$999K**

Led 0 of 427 rounds **0%**

- **Sole investor:** 48 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Venture *145*
- Seed said *103*
- Grant *66*
- Series A said *63*
- Series B *14*
- Debt *11*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 33
- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 32
- [Techstars](https://millionrounds.com/fund/techstars) 30
- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) 26
- [Export Development Canada](https://millionrounds.com/fund/export-development-canada) 16
- [NEXT Canada](https://millionrounds.com/fund/next-ai) 16

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## Who they invest alongside

The investors most often in the same rounds as Creative Destruction Lab. A count of rooms they were both in, not a relationship either has claimed.

[**Y Combinator** Accelerator **33** rounds together](https://millionrounds.com/fund/y-combinator)[**BDC Capital** VC firm **32** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Techstars** VC firm **30** rounds together](https://millionrounds.com/fund/techstars)[**National Science Foundation** Government **26** rounds together](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)[**Export Development Canada** Government **16** rounds together](https://millionrounds.com/fund/export-development-canada)[**NEXT Canada** Accelerator **16** rounds together](https://millionrounds.com/fund/next-ai)[**SOSV** VC firm **15** rounds together](https://millionrounds.com/fund/sosv)[**Alumni Ventures** VC firm **14** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Entrepreneur First** Accelerator **14** rounds together](https://millionrounds.com/fund/entrepreneurs-first)[**MassChallenge** Accelerator **13** rounds together](https://millionrounds.com/fund/masschallenge)[**Real Ventures** Family office **13** rounds together](https://millionrounds.com/fund/real-ventures-2)[**FundersClub** VC firm **12** rounds together](https://millionrounds.com/fund/fundersclub)

## Recently backed

The latest companies Creative Destruction Lab put money into.

[**Altis Labs** $25M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Lucent BioSciences** $1.4M · Sept 2026](https://millionrounds.com/company/lucent-biosciences)[**Summit Nanotech** $3.0M · Sept 2026](https://millionrounds.com/company/summit-nanotech)[**QurCan Therapeutics Inc.** $3.0M · Sept 2026](https://millionrounds.com/company/qurcan-therapeutics-inc)[**Nth Cycle** $100M · Aug 2026](https://millionrounds.com/company/nth-cycle)[**Antora Energy** $550M · Jul 2026](https://millionrounds.com/company/antora-energy)

## Mentioned on podcasts

Episodes that name Creative Destruction Lab in their description, not their title.

- [The Biotech Startups Podcast](https://millionrounds.com/podcasts/biotech-startups) 5 May 2025 · 36 min 🧬 Purpose-Driven Innovation: Building Teams to Solve Biotech Problems | Bogdan Knezevic (Part 3/4) With [Bogdan Knezevic](https://millionrounds.com/person/bogdan-knezevic) Mentions [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab)[Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) Apple PodcastsShow page

## Quick answers about Creative Destruction Lab

### What does Creative Destruction Lab invest in?

Creative Destruction Lab invests most often at Venture and Seed (62% of the rounds on record), in sectors such as Genai, Data Science and Big Data.

### How active is Creative Destruction Lab?

427 investments on record, 65 of them in the last 12 months. The most recent was in Sept 2026.

### What has Creative Destruction Lab invested in recently?

Its most recent investments on record: Axya (Series A, Sept 2026), Altis Labs (Series A, Sept 2026) and Lucent BioSciences (Grant, Sept 2026).

### How big are Creative Destruction Lab's cheques?

The median round it joins is $3.0M.

### Does Creative Destruction Lab lead rounds?

Rarely, if at all: none of its 427 investments on record names it as the lead.

### Where does Creative Destruction Lab invest?

Most of the companies it backs are in Canada (56%), the United States (23%) and the United Kingdom (5%).

### Is Creative Destruction Lab investing now?

Yes: it is actively investing, with 65 investments in the last 12 months.

### Who does Creative Destruction Lab invest alongside?

Most often Y Combinator (33 rounds together), BDC Capital (32 rounds together) and Techstars (30 rounds together).

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