The 2022 life sciences summit resulted in at least $250,000 for All Skin, a Calgary startup that helps people with sensitive skin find the right products. Edmonton's MACH32, which makes innovative medical devices, got a side deal, as did Vancouver's Difinity Solutions.
This time, startups must be headquartered in Alberta, Saskatchewan, or Manitoba. The summit is open to companies whose financing is between the friends-and-family and seed stages, and they can be pre- or post-revenue. Startup TNT is again partnering with Applied Pharmaceutical Innovation to organize the summit.
The timeline for the life sciences summit is as follows:
- Dec. 15: Information session for companies
- Jan. 24: Deadline for applications
- Jan. 25: Kickoff for investors
- Feb. 9: Top 20 Pitch Night
- March 8: Top 5 selection
- March 23: Summit finale in Calgary
Startup TNT has been known to invest in life sciences companies outside this summit. For example, drug-discovery platform 48Hour Discovery and diagnostic company Nimble Science were the Edmonton and Calgary winners of Investment Summit VI in November, and previous winners include DrugBank, PulseMedica, and True Angle. The life sciences summit, however, is only for life sciences companies, whether they're involved in drugs, medical devices, advanced therapeutic products, or diagnostics.
Image: Mark Curial of MACH32 responds to an investor's question after his pitch at the Life Sciences Investment Summit on March 17, 2022. (Startup TNT/YouTube)