Northern Labs

Venture studio supporting fintech startups with blockchain

Toronto, Ontario, Canada

About Northern Labs

Northern Labs is a Canadian venture studio that uses blockchain technology to support and scale fintech startups. It provides entrepreneurs with the necessary technology, capital, and network support to help them turn their ideas into successful businesses. By taking an active role in the development of these startups, Northern Labs generates revenue through equity stakes, aligning its success with that of the companies it helps. The goal is to lower the barriers to entrepreneurship in Canada and foster innovation in the financial services sector.

Toronto, CanadaHeadquarters
2021Year Founded
VENTURE_UNKNOWNCompany Stage
Venture Capital, Fintech, Crypto & Web3Industries
11-50Employees

Risks

Increased competition from venture studios like ConsenSys and Techstars.
Cryptocurrency market volatility poses risks to blockchain ventures.
Regulatory scrutiny on blockchain and fintech is intensifying in Canada.

Differentiation

Northern Labs leverages blockchain to revolutionize Canada's financial sector.
The company acts as a 'startup bricklayer' for tech-savvy entrepreneurs.
Northern Labs benefits from equity stakes in the startups it scales.

Upsides

DeFi's growth offers opportunities for new financial products.
AI integration in blockchain enhances security and efficiency.
CBDCs create new infrastructure opportunities for fintech companies.