CDL supports ventures that specialize in artificial intelligence, blockchain, cities, energy, health, quantum machine learning and more. Companies that have participated in CDL have created more than $3 billion in equity value to date. The investment will spur research and development into science-based startups, attract investment in Canadian companies and encourage more young women to pursue opportunities in STEM (Science, Technology, Engineering and Mathematics) fields.

Earlier this year, CDL launched a new stream designed for supporting entrepreneurs interested in breaking into space-related markets, with Commander Chris Hadfield, the first Canadian astronaut to walk in space, joining the CDL as a Fellow.

Read more: https://www.utoronto.ca/news/u-t-founded-creative-destruction-lab-receives-25-million-canadian-government/