2013 – present
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.