The Rockies' Report: Issue 10 (October 2025) by CDL-Rockies

The Rockies’ Report

Issue 10: October 2025

Welcome to The Rockies’ Report, a newsletter that showcases the CDL-Rockies’ team, its work and its impact.

CDL IN CONVERSATION

The role of collaboration in inno

At CDL, we see that innovation works best together.

An example of collaboration that leads to Taking place in November, CDL Week is a includes five high-impact CDL sessions, con founders, mentors, investors and industry le Network. The week-long event provides C who might not otherwise connect, with opp insights and knowledge, and network, all w commercialization of technologies aimed a challenges.

In this Q&A, CDL-Rockies Site Lead Heathe Creative Destruction Lab CEO Sonia Sennik (SS) share how collaboration drives CDL, strengthens the network and helps innovations commercialize.

How important is collaboration to innovation?

SS:

Breakthroughs rarely emerge in isolation - they are forged at the intersections of disciplines, geographies, experience, and wisdom. Our CDL model is built at the intersection of scientists, inventors, founders, experienced entrepreneurs, and operators in a structured setting where difficult questions are asked, assumptions are tested, and ideas are refined. This collective rigour accelerates the bridge between deep scientific research to commercial impact.

HM:

I’d add to that it’s not just having diverse perspectives in the same room, it’s also about how you work together, which really brings innovation to life. CDL provides participants with a framework to test ideas, build on each other’s strengths, and create a safe space for candid and focused dialogue. It’s an experience where everyone takes something valuable away.

Read the full conversation on LinkedIn!

Sonia Sennik

Heather Marshall

Issue 10: October 2025

MENTOR SPOTLIGHT The Rockies’ Report

Mentor publications

CDL-Rockies’scientists,economists and investigators are shaping the tech and innovationecosystem through theirwork.

Here are some recent publications from these mentors:

Mark Huson

New CEOs and Old SG&A: Managing Inherited Intangible Assets

Technology Transfer: The Rise of the Entrepreneurial University

The Lay of the Land: Prospects for Improving Financial Competitiveness

Yrjo Koskinen

Mutual Fund Trading, Fund Flows, and ESG Portfolios

It’s time for Canada to scale up innovation

Canada’s innovation paradox is a business problem

The EPA is dead wrong about greenhouse gas emissions

Anup Srivastava

Immigrants as Complements or Substitutes in High-Tech Labor Markets

Soft-Edge Negotiations in A Power-First World

AI Is Great at Routine Tasks. Here’s Why Boards Should Resist Using It

The Co-CEO Model: Addressing the Needs of Dynamic Business Landscape

How “Finfluencers” Can Create Risk for Your Company

How AI Can Make Us More Human, Not Less

Alexander Whaley

Moonshot: Public R&D and Growth

If you have a publication you’d like us to share, please let us know here.

Mentors in the news

David Bressler appointed as vice-president (internationaland enterprise)

CanadianAcademy of Engineering recognizestwoSchulich researchers

Ananotechlegacy:Canada ExcellenceResearch Chairlabsparkedoilandgasinnovation

DeepSky CEO Alex Petrediscusses Deep Sky Alpha

SevenUof G researchers recognized by Royal Society of Canada

YrjöKoskinenjoins ISFas Director of Research

Morecompanies are reporting emissionseven asactualreductionslag: report

Interested in learning more about CDL-Rockies? Follow us on LinkedIn.

The Rockies’ Report

Issue 10: October 2025

ALUMNI COMPANY DEALFLOW

Openly fundraising

If youare interested in connecting with any of thecompanies that are currentlyraising, pleasereach outtothepoint of contact listed below.

Pre-seed

Kulture Rebellion

Subhi Alan Alsayed

NanoSoln

Ashish Rangari

VL Energy

Ling Bai

2S Water

Anthea Sargeaunt

Abazyne Bioscience Inc.

Andrew Baum Ammobia

Karen Baert

Convergence Medical Sciences

Stefan Grecu

Copperstone Technologies

Jamie Yuen

Alumni in the news

Propra

Al-Karim Khimji Tethys Giacomo Saccone Tressl

Joel Edwards

Variablegrid Adaptive

Power Inc.

Dan Lafferty

Xander Alex Westner

Cropify

Anna Falkiner

H Quest Vanguard

George Skoptsov OraQAI

Amreesh Khanna

ResVR

Nathan Nasseri ROYBI

Elnaz Sarraf

Terra Vera

Carlos Perea

CleanO2 (Series A)

Jaeson Cardiff

Mitico (Bridge)

Clement Cid

Vivent SA (Series A1)

Carrol Plummer

IronSight: How CDL mentorship paved the path to a strategic acquisition

Calgary’s Ontopical acquired by SOVRA to power GovTech expansion

Hyperlume snapped up by San Jose-based Credo for undisclosed amount

Fillip powers launch of Circle K’s new digital fleet card across Canada

Canada Growth Fund announces additional investment in Eavor Technologies

Future Fields closes oversubscribed $8M Series A

GeologicAI raises $44M Series B

EmGenisys completes oversubscribed $1.5 million raise

Carbonova selected for funding through Emission Reduction Alberta's Advanced Materials Challenge

Wyoming mining tech company sells its first 100-ton-per-hour separation system

Litus deploys field pilot of breakthrough lithium extraction technology

LiORA secures $5.1 million in seed funding to scale its soil remediation platform in the United States

Alberta fintech to power property management for Century 21 Canada

DISA Technologies closes oversubscribed $30M Series A2 round

Carbon Upcycling breaks ground on Canada’s first commercial cement carbon capture facility

Mangrove’s new lithium plant will boost North America’s EV game

Nimble Science receives Health Canada Class II license for Novel SIMBA™ Capsule

Now Innovating: Converting CO2 and waste to cement a low-carbon future

Know a venture that could benefit from the CDLRockies program? Send us a referral.

The Rockies’ Report

Issue 10: October 2025

en you’re in a room with individuals who have scaled billionr companies, their guidance counts a lot. ScaleUp mentors the rare experience to speak on what a business can and ld look like at different stages of growth."

– Chad Hayden, CEO, Galatea Technologies (2023/24 ScaleUp alumni)

438

Paricipating ventures & alumni

Economic Impact

*As of October 2025

2,600+

Jobs created

$3B

Capital raised

$8.5B

Equity Value Creation

ABOUT CDL-ROCKIES

430+

Participating MBA & EMBA students

CDL-Rockies helps visionary innovators reduce the barriers that prevent their innovations from having a massive impact.

Extraordinary, accomplished mentors and visionary innovators are selected and intentionally curated into teams, then situated into the program (Nurture, CDL, ScaleUp) that best suits their needs.

Their innovations are stress-tested within each program’s framework, preparing founders to successfully commercialize.

Have questions or feedback about the Rockies Report? Get in touch with us here.

The Rockies’ Report

Issue 10: October 2025

Events

November4: Haskayne Business Exchange

November5-6: qConnect2025

November6: CDL-RockiesHappy Hour

Resources

FCC:DrivingCanada's Agriculture Innovation with Strategic Capital

CVCA:H1 2025CanadianPrivate Equity Market Overview

AROUND THE CORNER THANK YOU TO OUR PARTNERS

Thank you to CDL-Rockies’ partners, who are essential members of our team. Partners provide financial contributions, which are crucial to ensuring the sustainability of our programming, along with valuable insights and support for founders and their teams.

CDL-Rockies corporate partners