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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 46
Average round size
info
The average size of a deal this fund participated in
$2M
Portfolio companies 44
Lead investments 6
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.04
Exits 4
Key employees Soon

Areas of investment

  • Manufacturing
  • Software
  • Health Care
  • Biotechnology
  • Pharmaceutical
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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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Mercier Industries

Manufacturing
Retail
$1M02 Mar 2023 Quebec, Quebec, Canada

Renostone

Interior Design
$100K27 Feb 2023 -

Chic-Chac

Adventure Travel
Tourism
Travel Accommodations
$79K21 Feb 2023 Quebec, Quebec, Canada

DE LA FONTAINE

Building Material
Furniture
Industrial
Manufacturing
$4M23 Jan 2023 Concord, North Carolina, United States

AgroBoréal

Business Development
$150K14 Oct 2022 Alma, Quebec, Canada

Collectes Coderr

Recycling
Waste Management
$2M13 Oct 2022 Alma, Quebec, Canada

Biotwin

Artificial Intelligence
Health Care
Software
$397K11 Oct 2022 Quebec, Quebec, Canada

Inteloom

Database
Project Management
Software
Software Engineering
$200K23 Aug 2022 Gatineau, Quebec, Canada

Tennis Canada

Playstation
Sports
Tennis
$10M03 Aug 2022 Toronto, Ontario, Canada

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Total investments 46
Average round size 2M
Peak activity year 2022
Lead investments 6
Follow on index 0.04
Exits 4
Group Appearance index 0.26

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Mercier Industries

Manufacturing
Retail
$1M02 Mar 2023 Quebec, Quebec, Canada

Renostone

Interior Design
$100K27 Feb 2023 -

Chic-Chac

Adventure Travel
Tourism
Travel Accommodations
$79K21 Feb 2023 Quebec, Quebec, Canada

DE LA FONTAINE

Building Material
Furniture
Industrial
Manufacturing
$4M23 Jan 2023 Concord, North Carolina, United States

AgroBoréal

Business Development
$150K14 Oct 2022 Alma, Quebec, Canada

Collectes Coderr

Recycling
Waste Management
$2M13 Oct 2022 Alma, Quebec, Canada

Biotwin

Artificial Intelligence
Health Care
Software
$397K11 Oct 2022 Quebec, Quebec, Canada

Inteloom

Database
Project Management
Software
Software Engineering
$200K23 Aug 2022 Gatineau, Quebec, Canada

Tennis Canada

Playstation
Sports
Tennis
$10M03 Aug 2022 Toronto, Ontario, Canada

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