Investments
154Portfolio Exits
26Partners & Customers
3About 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.

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Latest FedDev Ontario News
Jan 25, 2023
Evik intends to scale up production by purchasing equipment to automate the sorting and counting of freeze-dried lyophilised reagent (LYO) beads.
FedDev Ontario Investments
154 Investments
FedDev Ontario has made 154 investments. Their latest investment was in Evik Diagnostics as part of their Grant on January 1, 2023.

FedDev Ontario Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/24/2023 | Grant | Evik Diagnostics | $0.74M | Yes | 1 | |
1/17/2023 | Grant - III | Cyclone Manufacturing | $6.73M | No | 1 | |
1/11/2023 | Grant | Schlesinger Group | $0.97M | Yes | 2 | |
1/11/2023 | Grant | |||||
1/11/2023 | Grant |
Date | 1/24/2023 | 1/17/2023 | 1/11/2023 | 1/11/2023 | 1/11/2023 |
---|---|---|---|---|---|
Round | Grant | Grant - III | Grant | Grant | Grant |
Company | Evik Diagnostics | Cyclone Manufacturing | Schlesinger Group | ||
Amount | $0.74M | $6.73M | $0.97M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 2 |
FedDev Ontario Portfolio Exits
26 Portfolio Exits
FedDev Ontario has 26 portfolio exits. Their latest portfolio exit was iS5 Communications on December 23, 2022.
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 |
---|---|---|---|---|---|
12/23/2022 | Acquired | 3 | |||
10/3/2022 | Acquired | 12 | |||
12/21/2021 | Acquired | 2 | |||
Date | 12/23/2022 | 10/3/2022 | 12/21/2021 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 3 | 12 | 2 |
FedDev Ontario Partners & Customers
3 Partners and customers
FedDev Ontario has 3 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 | 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 | ||||
9/12/2012 | Vendor |
Date | 1/13/2017 | 1/13/2016 | 9/12/2012 |
---|---|---|---|
Type | Partner | Partner | Vendor |
Business Partner | |||
Country | United States, and Canada | ||
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 . | ||
Sources | 1 |
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