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Innovate BC

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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 41
Average round size
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The average size of a deal this fund participated in
$145K
Portfolio companies 39
Rounds per year 2.05
Lead investments 8
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.05
Exits 1
Key employees Soon

Areas of investment

  • Manufacturing
  • Information Technology
  • Renewable Energy
  • Software
  • Biotechnology
Summary

Innovate BC appeared to be the Corporate Investor, which was created in 2004. The main office of represented Corporate Investor is situated in the Vancouver. The fund was located in North America if to be more exact in Canada.

The high activity for fund was in 2019. The common things for fund are deals in the range of 100 thousands - 1 million dollars. The fund is constantly included in less than 2 deals per year.

Among the most popular portfolio startups of the fund, we may highlight Jetti Resources. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Canada. Among the most popular fund investment industries, there are Information Technology, Mineral. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund.

The usual cause for the fund is to invest in rounds with 2 partakers. The meaningful sponsors for the fund in investment in the same round are Government of Canada.

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Related Funds

Funds investing in previous rounds
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Typical Co-investors
Innovate BC 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 Innovate BC:
There are no funds here. If we find new data, we will add it here.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

ABOzymes

Biotechnology
Medical
15 Jul 2020 Vancouver, British Columbia, Canada

Careteam Technologies

Health Care
Information Services
Information Technology
Wellness
29 May 2019 Vancouver, British Columbia, Canada

DeepND

Artificial Intelligence
Computer
Information Technology
Recruiting
Software
01 Jan 2019 Vancouver, British Columbia, Canada
News
ARTMS to Advance ImmunoPET Imaging Isotope with Funding Support from Innovate BC

– ARTMS received $300,000 funding from Innovate BC.
– The funding will be combined with over $600,000 from additional sources to further develop and validate the production of Zr-89 for use in Positron Emission Tomography (PET) imaging scans of cancer patients eligible for immuno-oncology (IO) therapies.
– “We’re excited to help accelerate game-changing innovation like ARTMS’ proprietary approach to producing critically important, high-quality radiopharmaceutical medical isotopes for cancer patients,” said Mr. Raghwa Gopal, President/CEO of Innovate BC.
– “Past winners have solved critical market problems that other companies have tried to solve for 50 years.”

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Total investments 41
Average round size 145K
Rounds per year 2.05
Peak activity year 2023
Lead investments 8
Follow on index 0.05
Exits 1
Group Appearance index 0.17

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

ABOzymes

Biotechnology
Medical
15 Jul 2020 Vancouver, British Columbia, Canada

Careteam Technologies

Health Care
Information Services
Information Technology
Wellness
29 May 2019 Vancouver, British Columbia, Canada

DeepND

Artificial Intelligence
Computer
Information Technology
Recruiting
Software
01 Jan 2019 Vancouver, British Columbia, Canada
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