We transform the most promising oncology innovations into highly competitive opportunities that benefit patients, researchers, investors, and Ontario's economy. Cancer Breakthroughs. Realized.

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We are the gateway to Ontario's oncology assets.

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. 


FACIT Features: Notch Therapeutics Closes $85M USD Series A for Renewable Stem Cell-Derived Cancer Immunotherapies

Notch is a Canadian biotech incubated by Ontario-based Centre for Commercialization of Regenerative Medicine (CCRM)

The financing is one of the largest Series A financing round in Canadian biotech history, notably at a time of heightened interest by Ontario in commercializing homegrown intellectual property. 


FACIT crowns 2021 winner of Falcons’ Fortunes pitch competition; announces follow-on investment in 2020 winner, Bridge7 Oncology

Showcasing Ontario’s emerging biotech entrepreneurs and driving value from intellectual property

FACIT's Prospects Oncology Fund and its annual pitch competition help to advance Ontario oncology innovations. 


FACIT welcomes life sciences executive Ken Newport to its Board; Director Shana Kelley appointed to the Order of Ontario

Blend of scientific, industry, investment and entrepreneurial expertise complements FACIT’s leading role in growing Ontario’s life sciences commercialization

Mr. Newport is a passionate executive and advocate of Ontario’s life science sector, having decades of leadership experience in both public and private ventures.


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