Venture Ontario
Government fundToronto Β· SeedβGrowth Β· 3 people tracked
Investment thesis
Venture Ontario operates as the government of Ontario's venture capital agency, focused on strengthening the provincial venture capital ecosystem. Its mandate is to support high-potential technology companies in accessing the capital they need to grow, while promoting and developing the broader venture capital sector across Ontario. The agency partners with universities and established investment firms to seed new funds, such as a recent life sciences venture capital fund backing spinouts, indicating an emphasis on technology and life sciences within the province.
Source: firm website, verified Aug 3, 2026.
Team Β· 3 people
from the firm's website
What they invest in
from 15 of 77 portfolio companiesEnterprise Software Γ5SaaS Γ4Biotech Γ3Consumer Γ3Hardware Γ3Medical Devices Γ3Deep Tech Γ2Future of Work Γ2
HQs:CanadaΓ5United StatesΓ3
Investments Β· 77 tracked
founders shown can be your intro pathBy year:2019 Β· 12016 Β· 12 dated
Edesa Biotech is a clinical-stage biopharmaceutical company developing monoclonal antibody therapeutics to treat inflammatory and immune-related diseases, with a current focus on acute respiratory distress syndrome and other immune dysregulation conditions.
BiotechDeep TechMedical DevicesMarkham, US
Pardeep Nijhawan(Executive Officer, Director)Stephen Lemieux(Executive Officer)Michael Brooks(Executive Officer)David Louis Hill(Director)Mayank D. Sampat(Director)Tessie M. Che(Director)
Shopify is a commerce platform that enables businesses to build online stores, sell across multiple channels (web, social, marketplace, POS), and manage inventory and orders.
E-commerceRetail TechSaaSOttawa, CA
John Phillips(Director)Amy Shapero(Executive Officer)Craig Miller(Executive Officer)Jeff Weiser(Executive Officer)Joseph Frasca(Executive Officer)Jeremy Levine(Director)
Auvik is a cloud-based AI-powered IT operations platform that helps managed service providers and IT departments monitor and manage networks, SaaS applications, and endpoints.
AI & Machine LearningCloud ComputingEnterprise SoftwareIoTWaterloo, CA
Alex HoffMarc MorinDavid YachDouglas Murray(Chief Executive Officer)
Clearpath Robotics builds unmanned vehicles and robotics platforms aimed at making robotics research and development easier for its customers.
Deep TechHardwareRoboticsKitchener
Murray Gamble(Director)Bryan Webb(Executive Officer, Director)Matthew Rendall(Executive Officer, Director)Michael Stork(Director)
BoardKaramdeep Nijjar(Director)Stuart Ellman(Director)
Exact Imaging develops the ExactVu micro-ultrasound platform, a medical device that enables urologists to perform targeted prostate biopsies with high-resolution real-time visualization.
HealthtechMedical Devices
FreshBooks is a cloud-based accounting and invoicing platform designed for small service-based businesses.
Enterprise SoftwareFintechHR TechSaaS
Mike McDerment(Founder)
Fusion Pharma develops targeted alpha therapeutics for cancer treatment using proprietary linker technology to connect alpha-emitting medical isotopes to cancer-targeting molecules, delivering lethal damage to tumor cells while minimizing toxicity to healthy tissues.
BiotechHealthtechMedical Devices
Inkbox makes semi-permanent temporary tattoos featuring original designs created in collaboration with artists.
ConsumerDirect to ConsumerToronto, CA
Braden Handley(Cofounder)
Kira Talent offers a holistic admissions platform for higher education programs, combining on-demand timed video and written assessments with structured live interview technology to help schools evaluate applicants' skills and traits.
EdTechSaaS
Emilie Cushman(Founder)
Nymi develops wearable authentication devices and connected worker solutions for Industry 4.0 environments, using ECG-based biometric identification to enable secure, persistent access and digital interactions.
CybersecurityEnterprise SoftwareHardwareIoTToronto, CA
Karl MartinFoteini Agrafioti
Roadmunk (now Strategic Roadmaps by Tempo) is a product roadmapping tool that lets teams capture customer feedback, prioritize ideas, and build shareable timeline, swimlane, and table roadmaps to align stakeholders across an organization.
Enterprise SoftwareFuture of WorkSaaS
Exits Β· 2
IPOs and acquisitions across the tracked portfolioEdesa BiotechNASDAQ: EDSAShopifyNASDAQ: SHOP
Portfolio news
latest coverage across their companiesShopify Β· simplywall.st Β· Jul 16, 2026
Edesa Biotech Β· stocktitan.net Β· Jul 14, 2026
Inkbox Β· temporalis.tattoo Β· Feb 24, 2026
Frequently asked questions
- What stage does Venture Ontario invest at?
- Venture Ontario invests at the Seed, Series A, Series B, Series C, Growth stages.
- What sectors does Venture Ontario focus on?
- Venture Ontario focuses on Biotech, Cleantech, Healthtech, Medical Devices, Sector Agnostic.
- Where is Venture Ontario located?
- Venture Ontario is headquartered in Toronto, CA.
Similar investors
B Capital Group is a global venture capital firm that backs founders from early to late stage, with dedicated stage-based funds and a portfolio spanning technology, healthcare, and energy and resilience sectors.
DCVC (Data Collective) is a venture capital firm that backs founders building companies which apply technology to major challenges across areas such as energy, biotech, agriculture, and machine learning.
Innovestor is a Nordic investment group operating across venture capital, life science, real estate, energy storage, and corporate venturing platforms, and is among the most active early-stage investors in the region.
Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.
Amplitude Ventures is a Canadian healthcare venture capital firm focused on precision medicine, founded by former BDC partners Dion Madsen and Jean-François Pariseau. BDC Capital is an investor in its Fund I.