Investments
20Portfolio Exits
1About Autonomous Vehicle Innovation Network
The Autonomous Vehicle Innovation Network (AVIN) builds upon Ontario's position as a world-leading automotive manufacturing and supply jurisdiction in addition to the large cluster of information and communication technology companies operating in the province. Ontario's high-quality post-secondary institutions, first class talent, innovative small and medium sized enterprises and infrastructure to support entrepreneurship ensures that the province is uniquely-positioned to capture the economic opportunity of the connected and automated vehicle (C/AV) technology space and lead the global mobility evolution. Through resources such as research and development (R&D) funding, talent development, technology acceleration, business and technical supports, and demonstration grounds, AVIN provides a competitive advantage to Ontario-based C/AV companies – allowing Ontario to reinforce its position as a North American leader in transformative automotive technologies, as well as transportation and infrastructure systems.
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Latest Autonomous Vehicle Innovation Network News
Dec 2, 2021
The Ontario Government is doubling down on its previous $85 million Autonomous Vehicle Innovation Network with a new six-step plan and a $56.4 million investment into making the province a leader when it comes to electric vehicles (EVs) and smart transportation. The six main areas the government will leverage and grow with this investment are […]
Autonomous Vehicle Innovation Network Investments
20 Investments
Autonomous Vehicle Innovation Network has made 20 investments. Their latest investment was in NuPort Robotics as part of their Seed on March 3, 2021.
Autonomous Vehicle Innovation Network Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
3/16/2021 | Seed | NuPort Robotics | $2.49M | Yes | Autonomous Vehicle Innovation Network, Canadian Tire, and Undisclosed Investors | 1 |
3/2/2021 | Series A - II | Gatik | $9M | No | Autonomous Vehicle Innovation Network, and Undisclosed Investors | 2 |
7/28/2020 | Incubator/Accelerator | EatSleepRIDE | Yes | 1 | ||
7/28/2020 | Incubator/Accelerator | |||||
7/28/2020 | Incubator/Accelerator |
Date | 3/16/2021 | 3/2/2021 | 7/28/2020 | 7/28/2020 | 7/28/2020 |
|---|---|---|---|---|---|
Round | Seed | Series A - II | Incubator/Accelerator | Incubator/Accelerator | Incubator/Accelerator |
Company | NuPort Robotics | Gatik | EatSleepRIDE | ||
Amount | $2.49M | $9M | |||
New? | Yes | No | Yes | ||
Co-Investors | Autonomous Vehicle Innovation Network, Canadian Tire, and Undisclosed Investors | Autonomous Vehicle Innovation Network, and Undisclosed Investors | |||
Sources | 1 | 2 | 1 |
Autonomous Vehicle Innovation Network Portfolio Exits
1 Portfolio Exit
Autonomous Vehicle Innovation Network has 1 portfolio exit. Their latest portfolio exit was Brisk Synergies on January 13, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
1/13/2020 | Acquired | 1 |
Date | 1/13/2020 |
|---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 1 |
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