Predict your next investment

Mutual Fund
ocgc.gov.on.ca/site/en/funds/ontario-emerging-technologies-fund

See what CB Insights has to offer

Investments

16

Portfolio Exits

6

Funds

1

About 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.

Ontario Emerging Technologies Fund Headquarter Location

5090 Explorer Drive Suite 801

Mississauga, Ontario, L4W 4T9,

Canada

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.

Expert Collections containing Ontario Emerging Technologies Fund

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Ontario Emerging Technologies Fund in 1 Expert Collection, including Pharma Startups.

P

Pharma Startups

5,090 items

Pharmaceutical companies working across drug discovery, drug development and drug manufacturing.

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.

CBI Logo

Ontario Emerging Technologies Fund Investments Activity

investments chart

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

Subscribe to see more

$99M

Subscribe to see more

10

12/12/2011

Series A

Subscribe to see more

$99M

Subscribe to see more

10

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

Subscribe to see more

Subscribe to see more

Amount

$17.95M

$10M

$5M

$99M

$99M

New?

No

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

4

1

10

10

Ontario Emerging Technologies Fund Portfolio Exits

6 Portfolio Exits

Ontario Emerging Technologies Fund has 6 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

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

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

1/25/2018

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Exit

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

Ontario Emerging Technologies Fund Acquisitions

1 Acquisition

Ontario Emerging Technologies Fund acquired 1 company. Their latest acquisition was IGLOO Software on January 09, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/9/2018

Shareholder Liquidity

$21M

Shareholder Liquidity

1

Date

1/9/2018

Investment Stage

Shareholder Liquidity

Companies

Valuation

Total Funding

$21M

Note

Shareholder Liquidity

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

$196.52M

1

Closing Date

3/19/2009

Fund

Emerging Technologies Fund

Fund Type

Multi-Stage Venture Capital

Status

Amount

$196.52M

Sources

1

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.