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ThingTank Ventures: Technology for Impact

ThingTank brings together technology companies, social entrepreneurs and faculty and students at the University of Toronto to build new “technology for good” product and services focused on making the world a better place

Partner
ThingTank Labs

Date
2013 – present

Team
Norm Tasevksi
Assaf Weisz

About the Project

Purpose Capital is currently working with ThingTank Ventures to build a world-class centre (“ThingTank”) focused exclusively on business incubation and digital fabrication in the Internet of Things (IoT).

The centre will foster business partnerships across mature companies, start-ups, hackers and inventors developing new IoT products and new IP to bring to market. The centre will include workspace for fabrication, rapid prototyping, ideation and business development, as well as a commercialization office and anchor tenant offices.

ThingTank will also host community building meet-ups, hack-a-thons, and a constant flow through of student engineers in Toronto. ThingTank will employ an in-house development team composed of top tier talent to be deployed into resident projects, and to generate original IP.