ScaleUp 10: Ones to Watch

At DiscoveryX 2026, OneEleven brought its ScaleUp 10: Ones to Watch initiative to the floor, spotlighting a cohort of Canadian companies shaping the next stage of the country’s technology ecosystem.

Positioned around high-growth scaleups already operating in market, the initiative focused on companies navigating expansion, infrastructure, enterprise adoption, and operational scale. Throughout the event, the ScaleUp 10 activation created space for conversations between founders, investors, operators, and ecosystem leaders around what growth looks like beyond the early-stage startup cycle.

The cohort reflected a broad mix of sectors including healthcare, advanced manufacturing, AI infrastructure, clean technology, fintech, mobility, and enterprise systems. What connected the companies was less about category and more about stage. These were businesses already moving through real operational environments with customers, deployment challenges, and expansion plans underway.

As part of the UpNext World Tour, we collaborated with OneEleven during DiscoveryX to spotlight the founders and companies shaping what comes next across Canada’s innovation economy.

Below are the companies selected for OneEleven’s ScaleUp 10: Ones to Watch in 2026.

BAO Laboratory

Founded by Julia Bao, BAO Laboratory combines small molecule skincare science with AI-driven personalization and robotic manufacturing. Its GLOWBALANCE platform creates individualized skincare formulations in minutes using clinically informed inputs and on-demand production systems.

The company stood out for treating personalization as a manufacturing problem rather than a marketing layer. By combining biochemical precision with scalable production infrastructure, BAO Laboratory is building toward a future where personalized skincare can operate beyond boutique service models.

Baselane

Founded by Thorben Scheidegger, Baselane integrates banking, bookkeeping, rent collection, and financial operations into a single platform for independent real estate investors.

The platform addresses a fragmented operational challenge faced by smaller landlords managing multiple properties without institutional tooling. With more than 50,000 customers and billions in processed transaction volume, Baselane reflects the growing demand for operational infrastructure tailored to independent asset owners.

Cohesys

Founded by Michael Tessier, Cohesys is developing BoneTape, a resorbable surgical adhesive designed to repair bone fractures without metal plates or screws.

Its drill-free fixation approach is particularly relevant for facial reconstruction procedures where traditional hardware creates surgical complexity. The company’s growing patent portfolio and investigational testing signal how biomaterials and surgical simplification are becoming increasingly important across healthcare systems.

EECOMOBILITY Inc.

Founded by Amit Monga, EECOMOBILITY develops AI systems that detect defective battery cells during manufacturing in under two seconds.

The company’s approach focuses on identifying safety risks before battery integration into vehicles and energy systems. As electrification expands globally, manufacturing-level defect detection is becoming critical infrastructure for battery reliability and large-scale deployment.

Fero International

Founded by Sabrina Fiorellino, Fero International designs and manufactures volumetric modular buildings for healthcare, education, residential, and commercial infrastructure.

The company controls design, fabrication, delivery, and installation through vertically integrated operations designed to reduce construction variability. With large-scale manufacturing capacity already operating in Ontario, Fero reflects how modular construction is increasingly moving from niche alternative to deployment-ready infrastructure strategy.

Pontosense

Founded by Alex Qi, Pontosense uses mmWave radar and AI to monitor falls, sleep patterns, and movement without cameras or wearable devices.

The system removes the behavioral burden placed on seniors by traditional monitoring technologies. Instead of relying on compliance, charging, or active participation, the platform runs passively in the background while providing continuous wellness monitoring for families and care providers.

Speer

Founded by Mathew Mozaffari, Speer helps companies design and protect intellectual property within increasingly fragmented software ecosystems.

The company focuses on defensible architectures and patent strategies that preserve long-term commercial value beyond software execution speed alone. As generative AI accelerates software replication, structural IP protection is becoming a more significant competitive layer for technical companies.

SWTCH Energy Inc.

Founded by Carter Li, SWTCH develops EV charging infrastructure and energy management software for multifamily and commercial buildings.

Its platform enables older buildings to support electric vehicle charging without requiring full electrical infrastructure replacement. By focusing on retrofit viability and power distribution optimization, SWTCH is addressing one of the largest bottlenecks in large-scale EV adoption across dense urban housing.

VITALL Intelligence

Founded by Don Simmonds, VITALL Intelligence aggregates data from wearables, medical records, and smartphone scans into a unified patient-controlled health platform.

The company focuses on continuity across fragmented healthcare systems, particularly for chronic disease management and remote care environments. Its approach reflects broader movement toward patient-owned health intelligence and decentralized care coordination.

Wuxly

Founded by James Yurichuk, Wuxly manufactures cold-weather outerwear and tactical systems in Canada using animal-free materials and advanced textile technologies.

The company stood out for its positioning across both consumer and defense markets while maintaining domestic manufacturing capabilities. As supply chain resilience and sovereign manufacturing capacity become strategic priorities, Wuxly represents a growing category of Canadian industrial and materials-focused companies.

A snapshot of Canada’s scaling economy

The ScaleUp 10 initiative reflected a broader shift happening across the Canadian technology ecosystem. Increasingly, the conversation is moving away from early-stage experimentation and toward operational execution, infrastructure readiness, and commercial scale.

The companies recognized through the cohort are already building inside industries where deployment, integration, and reliability matter as much as innovation itself.

Presented in collaboration with OneEleven at DiscoveryX 2026.