ecosystem / people / naheed-kurji
Naheed Kurji on the TechTO stage

Naheed Kurji

Co-founder, stealth healthtech ventures, Independent

HealthtechTorontoOn TechTO stages since 2017

Naheed Kurji co-founded Cyclica in Toronto in 2013 with Jason Mitakidis, moved from CFO to President and CEO in 2016, and led the AI drug-discovery company until Recursion acquired it for US$40M in May 2023. He then served as President of Recursion Canada. He is now co-founding two new healthtech companies.

On the TechTO stage ×2

First seen on the TechTO stage in 2017. Every talk is searchable — ask the archive about Naheed

In their words

We've done the friends family, we've gone through the angel networks, we've raised capital from early stage venture capital funds to get through that death valley — and all aligned with our overall scientific and commercial vision as a company. That, supported by government grants and non-diluted financing, was about 14 and a half million dollars.

TechTO Together, Sep 2020 · watch at 5:14

My one piece of advice would be to have tenacity and to have conviction to your story and the relationship that you have with the other side. It's not across a table, it's side by side.

TechTO Together, Sep 2020 · watch at 9:12

Some companies start to tell too many stories early on without the fundamentals — too much sizzle, not enough steak. For us, we've invested very heavily in the science, rigorously validated our platform and applied it in a number of contexts. It hasn't always worked — there's no silver bullet to drug discovery.

TechTO Together, Sep 2020 · watch at 13:21

forget the pot of gold it does not exist focus on developing innovative products that solve real needs and constantly looking to solve those problems

TechTO Health Toronto, Jun 2017 · watch at 09:28

don't ever let anybody join your company that's going to disrupt let them enhance

TechTO Health Toronto, Jun 2017 · watch at 07:22

create an environment where people are happy coming to work and we're sociable before if they're happy is the Google approach in the monotonic avenues their meaning productive they put out a bit of salt complex problems

TechTO Health Toronto, Jun 2017 · watch at 10:24
A few quotes can’t cover everything Naheed said on the TechTO stage. 1,600+ talks are searchable.Ask about Naheed

Around the web ×4

Quick answers

What is Naheed Kurji known for?

Co-founding Cyclica in Toronto in 2013 and running it as President and CEO from 2016, building one of the earliest AI drug-discovery companies. He raised a $23M Series B in June 2020 and sold the company to Recursion for US$40M in May 2023.

What happened to Cyclica?

Recursion Pharmaceuticals acquired it in an all-stock deal worth US$40M — announced 8 May 2023 and closed 25 May 2023. Cyclica's roughly 60 staff were folded into Recursion and the brand no longer operates.

What is Naheed Kurji doing now?

He was President of Recursion Canada after the acquisition and has since left. He is co-founding two new healthcare/healthtech companies, and has served on the board of Life Sciences Ontario.

How many times has Naheed Kurji spoken at TechTO?

Twice — a May 2017 HealthTO talk on the unglamorous side of building a company, and a July 2020 TechTO Together fireside on starting a healthtech startup, recorded days after Cyclica closed its Series B.

Suggest an edit
This is you? Claim this profileAsk to be removed
Know someone who belongs here? Suggest a profile
Maintained by TechTO · facts sourced and dated · last reviewed Aug 25, 2026