• last updated : 13 October, 2022

XLSCOUT joins Toronto-Based Innovation Hub MaRS Discovery District

Category: Press Release
MaRS Discovery District

XLSCOUT, a leading explainable AI platform for technology and competitor analysis, is pleased to announce that it has been accepted to the Growth Services portfolio at Toronto-based Innovation Hub MaRS Discovery District. The Growth Services at MaRS offers a vast range of tailored programs and opportunities that will help XLSCOUT grow their global business.

Focusing on enabling every person to convert their Ideas to Innovation, Innovation to IP and IP to Value across the globe, XLSCOUT platform has Apps to expedite the whole Innovation Lifecyle. The platform enables easy access to deep insights extracted from technology data (136 million+ patents and 220 million+ research publications) to innovators all across the globe.
Through this collaboration, XLSCOUT will leverage MaRS Discovery District’s market intelligence, expert mentorship, connections to investors, resources, customers and partners. The Growth Services portfolio at MaRS will support XLSCOUT with advice on capital, sales, marketing, talent and recruitment, and regulatory services.

 

“We are excited to join the Growth Services Portfolio by @MaRSDD. This opportunity will significantly help us achieve our vision to enable every person to covert their Ideas into Innovation, Innovation to IP and IP to value. We look forward to leveraging Mars guidance, network, and research to scale up our product and business.”

Komal Sharma Talwar, Founder – XLSCOUT

 

“Gaining access to MaRS’ high-value services and network is an important milestone in our growth story. This opportunity will help us grow our business, get access to the niche talent, and strengthen partnerships.”

Jitin Talwar, Founder – XLSCOUT

 

About XLSCOUT
XLSCOUT engineered global patent data with best-in-class Artificial Intelligence (AI) technologies to develop the most accurate, comprehensive, and intelligent patent database.
Under XLSCOUT, our endeavour is to provide you with more time and reliable competitor and technology insights to confidently make data-driven strategic decisions.
Our AI technologies are based on a glass box, and not a black box approach making it explainable to the users. We believe that this transparency helps in the adoption of this new age technology giving more confidence to our users. Furthermore, our Explainable AI-based Taxonomy Builder has been adopted by many global companies with a validated accuracy of 95%.
XLSCOUT has recently launched the World’s largest DATASET of Problems (In Patents) to track problems that your competitors or technology peers are solving.

 

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About MaRS
MaRS is North America’s largest urban innovation hub. A registered non-profit, MaRS supports high-growth startups and scale-ups tackling key issues in the health, cleantech, fintech and other sectors. In addition, MaRS convenes all members of the tech ecosystem to drive breakthrough discoveries, grow the economy and make an impact by solving real problems for real people — in Canada and around the world.

 

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Website link: https://marsdd.com/