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FACIT portfolio reports $750M follow-on financing
$40M in seed investments leverages 19x new capital into Ontario cancer biotechnology commercialization
FACIT’s network of industry partners and investors are becoming increasingly aware of the top-tier quality of Ontario’s innovations, which has been integral in attracting the $750M follow-on investment.
Entrepreneurs from Ontario’s Nanology Labs and Xpan Inc. receive FACIT investment for early-stage cancer innovations
Latest recipients slated to accelerate Ontario’s commercialization momentum are a 2018 finalist and 2019’s winner of FACIT’s Falcons’ Fortunes pitch competition.
FACIT is pleased to announce recent successes in its mission to help bridge the capital gap often experienced by early-stage entrepreneurs.
FACIT Features: Fusion Pharma completes $105M Series B financing
FACIT congratulates portfolio company Fusion Pharma on the addition of top-tier healthcare investors in support of their cancer-targeting, next-gen radiotherapies.
Ontario First investor FACIT congratulates portfolio company Fusion Pharmaceuticals, a clinical-stage biotech developing novel targeted alpha radiotherapies...
FACIT Features: Triphase Accelerator initiates Phase 1 clinical trial of next-gen ADC for B-cell lymphoma
FACIT congratulates portfolio company Triphase Accelerator on significant clinical development milestone.
Triphase Accelerator has dosed their first patient in a Phase 1 clinical trial of TRPH-222, an anti-CD22 antibody-drug conjugate (ADC) for the treatment of patients with lymphoma.
FACIT Features: Portfolio company Fusion Pharma launches Phase 1 trial for next-gen radiotherapeutic
FACIT congratulates portfolio company Fusion Pharma on significant clinical development milestone.
Fusion Pharma announced the first patient dosing with lead candidate in Phase 1 trial for solid tumors.
FACIT in the News - @globeandmail
"For innovation, open science means open for business", February 6, 2019
as of May 2019
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$750M
Leveraged funding associated with FACIT support.
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$40M
Funding & equity investments.
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48
Projects at Ontario institutions or Startups supported by FACIT funding.
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15
Companies in Ontario created by FACIT investments.
Our Strategic Partner
FACIT also facilitates technology transfer, partnerships, and collaborations with the
Ontario Institute for Cancer Research >
