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Economic Development of Canada

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 75
Average round size
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The average size of a deal this fund participated in
$2M
Portfolio companies 72
Lead investments 33
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.03
Exits 4
Key employees Soon

Areas of investment

  • Manufacturing
  • Information Technology
  • Pharmaceutical
  • Health Care
  • Software
Summary

The venture was found in North America in Canada. The leading representative office of defined Corporate Investor is situated in the Val-d'or.

Among the most popular portfolio startups of the fund, we may highlight 360insights. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Canada. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. Among the most successful fund investment fields, there are CRM, Electronics.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Economic Development of Canada, startups are often financed by OMERS Ventures, Klass Capital. The meaningful sponsors for the fund in investment in the same round are Investissement Quebec, Business Development Bank of Canada, OMERS Ventures. In the next rounds fund is usually obtained by Sageview Capital, OMERS Ventures, Leaders Fund.

The usual things for fund are deals in the range of 1 - 5 millions dollars. The top activity for fund was in 2016. Speaking about the real fund results, this Corporate Investor is 30 percentage points more often commits exit comparing to other organizations. The fund is generally included in less than 2 deals every year.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Economic Development of Canada:
Typical Co-investors
Economic Development of Canada is more likely to invest in rounds together with the following funds:
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Economic Development of Canada:

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The Wallace H. Coulter Foundation Florida, Miami, United States
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

SPARK Microsystems

CleanTech
Energy Efficiency
Internet of Things
Manufacturing
Semiconductor
Wireless
$27M13 Mar 2023 Montreal, Quebec, Canada

VueReal

Consumer Electronics
Electronics
Manufacturing
$14M18 Apr 2022 Waterloo, Ontario, Canada

Zetane Systems Inc.

Artificial Intelligence
Big Data
Computer Vision
Data Visualization
Information Technology
Machine Learning
Predictive Analytics
SaaS
Software
$79K14 Aug 2020 Montreal, Quebec

Oneka Technologies

CleanTech
Hardware
Marine Technology
Product Design
Renewable Energy
Water
Water Purification
$2M17 Dec 2018 Sherbrooke, Quebec, Canada

Building Maintenance
Information Technology
$1M15 Jan 2018 Canada, Quebec

Electronics
Manufacturing
Semiconductor
$5M15 Jan 2003 Laval, Quebec, Canada

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Total investments 75
Average round size 2M
Peak activity year 2022
Lead investments 33
Follow on index 0.03
Exits 4
Group Appearance index 0.20

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

SPARK Microsystems

CleanTech
Energy Efficiency
Internet of Things
Manufacturing
Semiconductor
Wireless
$27M13 Mar 2023 Montreal, Quebec, Canada

VueReal

Consumer Electronics
Electronics
Manufacturing
$14M18 Apr 2022 Waterloo, Ontario, Canada

Zetane Systems Inc.

Artificial Intelligence
Big Data
Computer Vision
Data Visualization
Information Technology
Machine Learning
Predictive Analytics
SaaS
Software
$79K14 Aug 2020 Montreal, Quebec

Oneka Technologies

CleanTech
Hardware
Marine Technology
Product Design
Renewable Energy
Water
Water Purification
$2M17 Dec 2018 Sherbrooke, Quebec, Canada

Building Maintenance
Information Technology
$1M15 Jan 2018 Canada, Quebec

Electronics
Manufacturing
Semiconductor
$5M15 Jan 2003 Laval, Quebec, Canada
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