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FACIT broadens Executive-in-Residence program to capitalize on Ontario IP
Dr. Kuldeep Neote recruited for his decades of US-based pharma industry expertise.
The appointment broadens the available expertise to provide critical senior management and leadership to create and nurture FACIT start-ups in Ontario.
FACIT Features: Radiant Biotherapeutics, next-gen biotech developing multabody therapies for cancer
The local start-up is advancing a novel multi-valent and multi-specific antibody platform with exquisite potency and efficacy.
Radiant received a seed investment from FACIT’s Compass Rose Oncology Fund.
FACIT Features: Replica Analytics, Ottawa-based start-up in health data artificial intelligence
FACIT is proud to have been an early supporter of Replica through a Prospects Oncology Fund investment in June 2020.
Having recently announced several collaborations following the closing of a financing round with Nina Capital, Replica has significant momentum behind it.
FACIT’s Prospects Fund invests in two emerging Ontario diagnostics for colorectal and prostate cancers
Early-stage capital drives commercialization and clinical validation in Province.
Both innovations were previous finalists in FACIT’s 2021 Falcons’ Fortunes pitch competition.
FACIT Features: Turnstone Biologics completes oversubscribed $80M USD Series D Financing
The capital will enable Turnstone to advance its platform and pipeline of next-generation oncolytic virus.
The start-up seeded by FACIT in collaboration with several Ontario research institutes continues to deepen its roots in Canada and grow on both sides of the border.
FACIT leads seed round in Nanology Labs
Ontario start-up to commercialize smart nanomedicine technology for brain cancer
FACIT deploys Ontario First capital, enables rising local start-up to reach critical value inflection point. FACIT has previously supported Nanology, spun out of the University of Toronto, through both its early-stage Prospects Oncology Fund and seed-stage Compass Rose Oncology Fund.
as of October 2021
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$1.3B
Leveraged funding associated with FACIT support.
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$44M
Funding & equity investments.
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62
Projects at Ontario institutions or Startups supported by FACIT funding.
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18
Companies in Ontario created by FACIT investments.
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FACIT also facilitates technology transfer, partnerships, and collaborations with the
Ontario Institute for Cancer Research >
