Ontario Emerging Technologies Fund
Investments
16Portfolio Exits
7Funds
1About Ontario Emerging Technologies Fund
The Ontario Emerging Technologies Fund (OETF or the Fund) is a direct co-investment fund established by the Province of Ontario in 2009. The Government has announced that the OETF will be a $250 million fund to co-invest alongside Qualified Investors into innovative, high-growth, private, Ontario companies. The Fund is managed by the Ontario Capital Growth Corporation (OCGC), an agency of the Ontario Ministry of Research and Innovation. OCGC has retained the services of Covington Capital Corporation and Ernst & Young to evaluate applications in relation to OETF. Covington Capital Corporation will also provide ongoing administration and monitoring of co-investments under the Fund. All OETF-related decisions will be made by OCGC and all inquiries regarding the OETF should be directed to OCGC. The OETF is designed to respond to the challenges faced in raising capital by innovative, private, Ontario-based companies in the clean technology, life sciences and advanced health technologies, and digital media and information and communications technology sectors. The OETF is intended to increase the amount of investment made directly into Ontario-based companies in the sectors noted above, and to become self-sustaining by allowing it to reinvest any returns from its investments. It is a discretionary, non-entitlement investment fund. Notwithstanding the satisfaction of all criteria, OCGC may exercise its discretion not to approve any particular application for Qualified Investor or Eligible Investment. In undertaking review of applications, OCGC at its discretion, will retain third party expertise as applicable.

Want to inform investors similar to Ontario Emerging Technologies Fund about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Ontario Emerging Technologies Fund Investments
16 Investments
Ontario Emerging Technologies Fund has made 16 investments. Their latest investment was in Peraso Technologies as part of their Series C on October 10, 2014.

Ontario Emerging Technologies Fund Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/29/2014 | Series C | Peraso Technologies | $17.95M | No | 4 | |
2/15/2012 | Series B | FileTrek Software | $10M | Yes | ||
1/26/2012 | Series B | IGLOO Software | $5M | Yes | 1 | |
1/20/2012 | Series A | |||||
12/12/2011 | Series A |
Date | 10/29/2014 | 2/15/2012 | 1/26/2012 | 1/20/2012 | 12/12/2011 |
---|---|---|---|---|---|
Round | Series C | Series B | Series B | Series A | Series A |
Company | Peraso Technologies | FileTrek Software | IGLOO Software | ||
Amount | $17.95M | $10M | $5M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 4 | 1 |
Ontario Emerging Technologies Fund Portfolio Exits
7 Portfolio Exits
Ontario Emerging Technologies Fund has 7 portfolio exits. Their latest portfolio exit was Xagenic on January 25, 2018.
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 |
---|---|---|---|---|---|
1/25/2018 | Acquired | 1 | |||
Date | 1/25/2018 | ||||
---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Ontario Emerging Technologies Fund Fund History
1 Fund History
Ontario Emerging Technologies Fund has 1 fund, including Emerging Technologies Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
3/19/2009 | Emerging Technologies Fund | Multi-Stage Venture Capital | Closed | $196.52M | 1 |
Closing Date | 3/19/2009 |
---|---|
Fund | Emerging Technologies Fund |
Fund Type | Multi-Stage Venture Capital |
Status | Closed |
Amount | $196.52M |
Sources | 1 |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.