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TIMMY Awards

DarwinAI Recognized as Top Tech Startup at 2018 Toronto Timmy Awards

Most Progressive Companies in Technology Revealed and Awarded at Live Ceremony

Toronto, ON - October 22, 2018

DarwinAI was recognized as one of Ontario’s top Tech startups at a prestigious ceremony in Toronto last week. The announcement was made at the fourth annual Timmy Awards at Revival nightclub, which brought together 300 tech enthusiasts, entrepreneurs, startups and thought leaders. The elite list of finalists included notable companies like Coinsquare, ShorCan TMX, Ritual and Vena Solutions.

DarwinAI was selected as runner up in the hotly contest Best Tech Startup category, a reflection of its growing status as one of the leading Artificial Intelligence startups in Canada. Founded by academics at the University of Waterloo, the company’s technology leverages AI itself to generate highly optimized deep neural networks without sacrificing functional accuracy. Moreover, their IP enables ‘explainable’ deep learning – the ability to understand why a neural network reaches the conclusions it does, which is especially critical in highly regulated industries.

“Toronto is a hub for fast-growing, innovative companies. The Best Tech Startup category aims to elevate the most progressive of these companies in the tech industry,” said Mandy Walker, Director of Marketing at Tech in Motion and Motion Recruitment Partners. “It is clear from the response received by the community and our judges that DarwinAI deserves this recognition.”

Sheldon Fernandez, CEO of DarwinAI, was suitably enthused. “We are honored to be recognized as one of the region’s top Tech startups, which reflects our efforts to build a creative and progressive organization worthy of our technology. Honors such as this are critical in recognizing the entrepreneurial and tolerant spirit of all the nominees that make Ontario such a hotbed for top technical minds.”

Timmy Award ceremonies take place across numerous tech hubs in North America this month recognizing and celebrating the best in tech employers. A list of 2018 winners and finalists is available here. Past winners include innovators like Jet.com, LearnVest, Venmo, Trip Advisor, Gilt, Constant Contact, Casper and Instacart. Please visit timmyawards.techinmotionevents.com for more information.

About DarwinAI

Founded by renowned academics at the University of Waterloo, DarwinAI’s Generative Synthesis technology represents the next evolution in AI development, demystifying the complexities of deep learning neural networks while unraveling their opaqueness. Based on years of distinguished scholarship, the company’s patented platform enables deep learning optimization and explainability, with a special emphasis in enabling AI at the edge, where computational and energy resources are limited. To learn more about DarwinAI, visit their website at www.darwinAI.ca or follow them @darwinAI on Twitter.

About Tech in Motion Events & The Timmy Awards

Tech in Motion is a North American event series that brings local tech community professionals together to connect, learn, and innovate. What started as a collaborative project in 2011 between IT recruiting firms Jobspring Partners and Workbridge Associates, part of the Motion Recruitment network, grew into an organization of over 100,000 members across 12 chapters in North America including Atlanta, Boston, Dallas, New York, Philadelphia, DC, Chicago, San Francisco, Silicon Valley, LA, Orange County and Toronto. Please visit techinmotionevents.com for more information about notable speakers, sponsors and events.

Press Contact:

Scott Lechner
Offleash PR for DarwinAI
darwinai@offleashpr.com