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AmacaThera raises $3.25M

AmacaThera a UTEST company from 2015, has raised $3.25 million to develop a gel-based drug delivery system that could eliminate the need to give patients powerful painkillers following surgery – a key source of the current opioid crisis. The startup, AmacaThera, is built on a gel technology developed in the U of T lab of Molly Shoichet, Ontario’s… Read more »


UTEST company (cohort 2015), Blue J Legal has raised $9.3 million CAD in a series A round. The round was led by Relay Ventures, with participation from US-based LDV Partners, and returning investors BDC Capital and Mistral Venture Partners. Mistral made an undisclosed investment Blue J Legal in May 2017, though at the time the firm said it… Read more »

Silanna Group acquires Appulse Power!

    Appulse Power Inc., a UTEST company from 2014,  founded by U of T Engineering alumni Ahsan Zaman, Behzad Mahdavikhah, Aleksandar Radić, and Professor Aleksandar Prodić has been acquired by the multinational Silanna Semiconductor for an undisclosed amount. “The success of Appulse is credit to the incredible talent and dedication of my three co-founders,” says Professor Prodić. “This team has brought us… Read more »


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Hassan Jaferi
Co-director, UTEST
Kurtis Scissons
Co-director, UTEST

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