Venture Lab was originally built as a business unit operating under MFEC PCL to serve as the change agent within the organization to foster creativity, validate disruptive ideas and turn them into a scalable business. After 3 years of operation under MFEC PCL, it was spun off as a separate company to be able to provide services to other corporations, build startups, and invest in disruptive ideas more independently.
We provide three core services: Innovation-as-a-service, helping corporations innovate in the startup way; a startup studio model that partners with corporations to co-build innovative ideas; and investment in early-stage startups with disruptive potential.
Our focus spans key industries such as Health Tech, SaaS, HR Tech, and Mar Tech, powered by technologies including AI & Machine Learning, Blockchain, BigData, IoT, and Cloud.