Predict your next investment

Government
feddevontario.gc.ca

See what CB Insights has to offer

Investments

120

Portfolio Exits

22

Partners & Customers

2

About FedDev Ontario

FedDev Ontario supports the southern Ontario economy by building on the region's strengths and creating opportunities for jobs and economic growth. The Agency has launched a number of initiatives to create a Southern Ontario Advantage and place the region in a strong position to compete in the global economy. These initiatives are designed to encourage partnerships and support projects that help the region's businesses and communities become more competitive, innovative and diversified.

FedDev Ontario Headquarter Location

101 Frederick Street 4th floor

Kitchener, Ontario, N2H 6R2,

Canada

866-593-5505

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest FedDev Ontario News

FedDev Ontario commits combined $12 million to OneEleven and new Waterloo-London healthtech hub

Sep 4, 2021

In August, the Government of Canada made some investments, through FedDev Ontario, in the province’s innovation and startup support ecosystem.FedDev Ontario committed $2 million to the Ontario Centre of Innovation (OCI) to support the relaunch and expansion of OneEleven’s programming, and $10 million towards the creation of a new University of Waterloo and Western University-based healthtech innovation hub.FedDev Ontario’s $2 million investment comes after a period of turmoil for OneEleven.The $2 million investment, which FedDev Ontario claims will support 30 high-growth, scaling firms and 450 jobs across Southern Ontario, will also leverage nearly $1.2 million in private investment.“As an original founding partner of OneEleven, OCI understands first-hand the vital role OneEleven represents to Canada’s innovation ecosystem,” said Claudia Krywiak, OCI’s president and CEO. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

FedDev Ontario Investments

120 Investments

FedDev Ontario has made 120 investments. Their latest investment was in University of Waterloo as part of their Grant on July 7, 2021.

CBI Logo

FedDev Ontario Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/8/2021

Grant

University of Waterloo

$6.52M

Yes

1

6/4/2021

Loan

Mycionics

$0.81M

Yes

1

5/13/2021

Loan

Signifi Solutions

$1.97M

No

1

4/15/2021

Grant

Subscribe to see more

$99M

Subscribe to see more

10

4/14/2021

Loan

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/8/2021

6/4/2021

5/13/2021

4/15/2021

4/14/2021

Round

Grant

Loan

Loan

Grant

Loan

Company

University of Waterloo

Mycionics

Signifi Solutions

Subscribe to see more

Subscribe to see more

Amount

$6.52M

$0.81M

$1.97M

$99M

$99M

New?

Yes

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

10

10

FedDev Ontario Portfolio Exits

22 Portfolio Exits

FedDev Ontario has 22 portfolio exits. Their latest portfolio exit was Algoma Steel on May 25, 2021.

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

5/25/2021

Acq - Pending

$991

3

3/22/2021

Acquired

$991

8

2/3/2021

Merger

2

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

5/25/2021

3/22/2021

2/3/2021

00/00/0000

00/00/0000

Exit

Acq - Pending

Acquired

Merger

Subscribe to see more

Subscribe to see more

Companies

Subscribe to see more

Subscribe to see more

Valuation

$991

$991

Acquirer

Subscribe to see more

Subscribe to see more

Sources

3

8

2

10

10

FedDev Ontario Partners & Customers

2 Partners and customers

FedDev Ontario has 2 strategic partners and customers. FedDev Ontario recently partnered with GE Healthcare, and Centre for Commercialization of Regenerative Medicine on January 1, 2017.

Date

Type

Business Partner

Country

News Snippet

Sources

1/13/2017

Partner

GE Healthcare, and Centre for Commercialization of Regenerative Medicine

United States, and Canada

GE Healthcare Joins Canadian Partners in Building Cell Technologies Center

Regenerative Medicine and GE Healthcare said they will join with partner companies in pharma , biotech , and cell therapy in creating the center .

1

1/13/2016

Partner

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

1/13/2017

1/13/2016

Type

Partner

Partner

Business Partner

GE Healthcare, and Centre for Commercialization of Regenerative Medicine

Country

United States, and Canada

Subscribe to see more

News Snippet

GE Healthcare Joins Canadian Partners in Building Cell Technologies Center

Regenerative Medicine and GE Healthcare said they will join with partner companies in pharma , biotech , and cell therapy in creating the center .

Subscribe to see more

Subscribe to see more

Sources

1

10

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.