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Creative Destruction Lab

30
ResearchToronto, CanadaEst. 2012
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About

Creative Destruction Lab (CDL) is a nonprofit organization founded in 2012 at the University of Toronto's Rotman School of Management. It runs a seed-stage accelerator program for science-based and technology startups. CDL launched a dedicated quantum machine learning stream in 2018, becoming one of the first accelerators focused on quantum technology startups. The CDL Quantum stream provides mentorship, funding, and network access to quantum computing startups, quantum software companies, and quantum technology entrepreneurs, connecting founders with quantum researchers, industry experts, and investors. CDL has accelerated numerous quantum startups, supporting Canadian quantum leadership and the commercialization of quantum technology. In 2025, CDL continued active investment in quantum technology companies. Its portfolio companies have shown progress in technology development and commercialization, with a focus on supporting quantum startups through funding and strategic guidance.

Quantum Specifications

Quantum Focussoftware

Backed By

Lakestar
Lightspeed Venture Partners
Quantum Coast Capital
Type One Ventures
Trumpf Venture
Gic Government Of Singapore Investment Corporation
Hercules Capital
Inven Capital

Application Areas

Quantum softwareQuantum hardware

Frequently Asked Questions

Creative Destruction Lab (CDL) is a nonprofit organization founded in 2012 at the University of Toronto's Rotman School of Management. It runs a seed-stage accelerator program for science-based and technology startups. CDL launched a dedicated quantum machine learning stream in 2018, becoming one of the first accelerators focused on quantum technology startups. The CDL Quantum stream provides mentorship, funding, and network access to quantum computing startups, quantum software companies, a...
Creative Destruction Lab is headquartered in Toronto, Canada.
Creative Destruction Lab was founded in 2012.
Creative Destruction Lab operates in the following sectors: quantum investment, quantum consulting, quantum research, quantum cloud.