Investment Portfolio
We have the expertise. We have the track record. We put Ontario First. FACIT actively manages its diverse portfolio of Ontario oncology assets (including therapeutics, imaging, diagnostics, and technology platforms) that span all stages of commercialization, from proof-of-concept to clinical development.
Investment Philosophy
FACIT strategically invests in oncology breakthroughs and companies arising from Ontario’s outstanding innovation ecosystem. By fostering a culture of entrepreneurship and commitment to the value of commercialization, we support inventors and researchers in capitalizing on their cancer related innovations.
Why invest with FACIT
Our partners gain access to outstanding science and oncology innovations in a variety of areas such as new technology, therapeutics, imaging and diagnostics. Through our expertise in identifying and commercializing the most promising assets, we help investors reduce the risk of their early-stage involvement.
FACIT has been nationally recognized by industry peers with a Venture Capital Regional Impact Award by the Canadian Venture Capital & Private Equity Association (CVCA). The award acknowledges FACIT’s strategic commercialization investments that have positioned our portfolio companies to deliver meaningful impacts on Ontario’s life sciences industry. FACIT is the first and only Ontario life science commercialization organization to achieve this recognition.
Portfolio Search Tool
Our active portfolio consists of both early-stage assets and more than 35 companies advancing oncology therapeutics, medical technologies, diagnostics and informatics/AI. Our portfolio has raised more than $1.5B from global investors in follow-on financing.
SEARCH FILTERS:
Innovation Type
Cancer Type
Current Funding Stage
FACIT Fund
SEARCH BY KEYWORD(S)
SEARCH RESULTS:
Point Surgical Inc.
Innovation Type:
Diagnostics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Falcons’ Fortunes
Rapid and precise detection and classification of cancerous tissue types and subtypes in under 10 seconds
OICR
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
Enhanced Target Screening for WD Repeat Platform
OICR
Innovation Type:
Informatics & AI
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
OICR Target Prioritization Platform
Hyivy Health
Innovation Type:
Medical Technologies
Cancer Type:
Multiple
Funding Stage:
Proof Of Concept
Fund:
Compass Rose, Prospects
Remote patient monitoring, pelvic rehab system for gynecological and colorectal cancer patients and their clinicians
HDAX Therapeutics
Innovation Type:
Therapeutics
Cancer Type:
Other
Funding Stage:
Proof Of Concept
Fund:
Prospects
First-in-class, blood-brain barrier permeable HDAC6 selective inhibitors for CNS cancers
OICR
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
Innovative quantum computing based technology (QuAccel) to screen protein-ligand interactions with higher speed and accuracy for drug discovery projects
Air Microfluidic Systems Inc.
Innovation Type:
Medical Technologies
Cancer Type:
Breast
Funding Stage:
Proof of Concept
Fund:
Falcons’ Fortunes
Air microfluidics-enabled active compression sleeve for treating breast cancer-related lymphedema
Tenomix
Innovation Type:
Diagnostics
Cancer Type:
Other
Funding Stage:
Proof of Concept
Fund:
Compass Rose, Prospects
A bench-top ultrasound-based device that can automate the detection of lymph nodes in resected colorectal cancer tissue
Sunnybrook Research Institute
Innovation Type:
Diagnostics
Cancer Type:
Prostate
Funding Stage:
Proof of Concept
Fund:
Prospects
At-home prostate cancer screening kit
doctalk
Innovation Type:
Informatics & AI
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
A virtual space for physicians to collaborate with each other and organizations
Bridge7 Oncology
Innovation Type:
Informatics & AI
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Falcons’ Fortunes, Prospects
Scaling clinical expertise with AI to automate and improve the delivery of cancer care
Replica Analytics (Aetion)
Innovation Type:
Informatics & AI
Cancer Type:
Multiple
Funding Stage:
Exit
Fund:
Prospects
Modeling software to create synthetic data based on real clinical datasets
Multimagnetics Inc.
Innovation Type:
Medical Technologies
Cancer Type:
Breast
Funding Stage:
Proof of Concept
Fund:
Prospects
Hand-held photoacoustic device to detect tumour margins and residual disease in the surgical cavity during breast-conserving surgery
University of Toronto
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
Development of small-molecule inhibitors of mitochondrial RNA polymerase (POLRMT) as an anticancer strategy
Radiant Biotherapeutics
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Compass Rose
Multivalent, multi-specific antibody nanoparticle platform for therapeutic development
CTRL Therapeutics
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Seed
Fund:
Compass Rose
Microfluidic platform and lung cancer biomarker chip used to match patients with the most effective therapy for improved treatment outcomes.
Xpan Inc
Innovation Type:
Medical Technologies
Cancer Type:
Multiple
Funding Stage:
Seed
Fund:
Compass Rose, Falcons’ Fortunes, Prospects
Developing A Less Invasive Access Port To Maximize The Potential Of Laparoscopic Surgical Oncology
OICR
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
WD Repeat Platform
Sunnybrook Research Institute
Innovation Type:
Diagnostics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
Algorithm to predict breast cancer patient response to neoadjuvant chemotherapy
University of Toronto (Perturba)
Innovation Type:
Medical Technologies
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
Split Intein-Mediated Protein Ligation (SIMPL): a unique and disruptive system for detecting PPIs in real time
Polumiros
Innovation Type:
Medical Technologies
Cancer Type:
Breast
Funding Stage:
Seed
Fund:
Falcons’ Fortunes
ReFilx, a Polymeric Soft Tissue Filler for the Permanent Restoration of Breast Tissue Defects following Lumpectomy
Talon Pharmaceuticals
Innovation Type:
Therapeutics
Cancer Type:
Heme
Funding Stage:
Proof of Concept
Fund:
Prospects
Inducing Apoptosis and Impeding Cancer Cell Proliferation
Notch Therapeutics
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
A Method for Generating Progenitor T-Cells from Stem and/or Progenitor Cells for Universal CAR-T Therapy
OICR
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
ADC-Linker Platform
QurCan Therapeutics (formerly Nanology Labs)
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Seed
Fund:
Compass Rose, Prospects
Next generation nanoparticles for targeted delivery of RNAs, peptides and small molecules
16-Bit
Innovation Type:
Informatics & AI
Cancer Type:
Breast
Funding Stage:
Seed
Fund:
Prospects
Automatic Analysis of Screening Mammograms for Breast Cancer
DNAStack
Innovation Type:
Informatics & AI
Cancer Type:
Multiple
Funding Stage:
Seed
Fund:
Compass Rose, Prospects
Development of a Cloud Platform for Genomics Data Management, Analysis and Sharing
Dalriada Therapeutics
Innovation Type:
Therapeutics
Cancer Type:
Heme
Funding Stage:
Seed
Fund:
Prospects
Development of DT-1 Class of Small Molecules for the Treatment of Leukemia
KA Imaging
Innovation Type:
Medical Technologies
Cancer Type:
Other
Funding Stage:
Seed
Fund:
Prospects
Multi-spectral Digital X-ray Imager
Radialis Medical
Innovation Type:
Medical Technologies
Cancer Type:
Breast
Funding Stage:
Seed
Fund:
Prospects
Positron Emission Mammography (PEM) Imaging System to Detect Pre-Invasive Breast Cancers
Ottawa Hospital Research Institute
Innovation Type:
Therapeutics
Cancer Type:
pancreas
Funding Stage:
Proof of Concept
Fund:
Falcons’ Fortunes
Development of a Multi-mechanistic Vaccinia Virus-based Platform for the Treatment of Pancreatic Cancer
OICR
Innovation Type:
Diagnostics
Cancer Type:
Breast
Funding Stage:
Proof of Concept
Fund:
Prospects
Molecular Profiling for Anthracycline Sensitivity in Patients receiving Chemo for Breast Cancer
Propellon Therapeutics Inc. (Triphase Accelerator)
Innovation Type:
Therapeutics
Cancer Type:
Heme
Funding Stage:
Exit
Fund:
Compass Rose
Development of WDR5 Inhibitors for Leukemia and Solid Tumours
Pattern Pharma (formerly Realist Pharma)
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Seed
Fund:
Prospects
Evaluation of survival benefit and preclinical proof of concept of a novel ganglioside-based cancer vaccine.
Talon Pharmaceuticals
Innovation Type:
Therapeutics
Cancer Type:
Heme
Funding Stage:
Proof of Concept
Fund:
Prospects
Novel Targeting of Apoptosis in Cancer Treatment
Queen’s University
Innovation Type:
Therapeutics
Cancer Type:
Heme
Funding Stage:
Proof of Concept
Fund:
Prospects
Development of Novel CYP26 Inhibitors for the treatment of AML
Fusion Pharmaceuticals Inc
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Exit
Fund:
Compass Rose
Next-generation radiopharmaceuticals for precision medicine (antibody conjugate for lung cancer), providing a safer approach to targeted radiotherapy by helping the drug clear from normal, healthy tissues and reducing toxicity
Novera Therapeutics Inc.
Innovation Type:
Therapeutics
Cancer Type:
Heme
Funding Stage:
Seed
Fund:
Compass Rose
Development of BCL6 Inhibitors for Treatment of Hematological Cancers
FocusOnCare
Innovation Type:
Informatics & AI
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Falcons’ Fortunes
ChemoTracker App Development
Capnostics
Innovation Type:
Medical Technologies
Cancer Type:
Other
Funding Stage:
Proof of Concept
Fund:
Prospects
CellMate Product for Esophageal Cell Sampling
Sunnybrook Research Institute
Innovation Type:
Medical Technologies
Cancer Type:
Breast
Funding Stage:
Proof of Concept
Fund:
Prospects
External Clinical Validation Study of a Quantitative Ultrasound Spectral Analysis Platform For Monitoring Tumor Response In Women Receiving Neoadjuvent Chemotherapy for Locally Advanced Breast Cancer
OICR
Innovation Type:
Diagnostics
Cancer Type:
Breast
Funding Stage:
Proof of Concept
Fund:
Prospects
Ring Study to Evaluate the PRedicTive brEast Cancer Test (PRoTECT)
Sunnybrook Research Institute
Innovation Type:
Therapeutics
Cancer Type:
Breast
Funding Stage:
Proof of Concept
Fund:
Prospects
Evaluation of immune responses engendered in CEA transgenic mice by a vaccine formulation composed of a recombinant CEA N domain antigen and GSK AS15 adjuvant
Ziliomics
Innovation Type:
Informatics & AI
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Compass Rose, Prospects
Development of Heliotrope Bioinformatics Software Platform
Sunnybrook Research Institute
Innovation Type:
Medical Technologies
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Falcons’ Fortunes
Ultra-Low Dose Microbubbles for Cancer
OICR
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Prospects
Fully synthetic, self-adjuvanting vaccines incorporating tumor-associated antigenic epitopes for cancer immunotherapy
Turnstone Biologics Inc
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Series A,B,C
Fund:
Compass Rose
Transforming patient care with a new class of targeted viral immunotherapies to fight cancer
Fluorinov Pharma (Trillium)
Innovation Type:
Therapeutics
Cancer Type:
Heme
Funding Stage:
Exit
Fund:
Compass Rose
FV162 Oral Proteasome Inhibitor
OICR (Cellax)
Innovation Type:
Therapeutics
Cancer Type:
pancreas
Funding Stage:
Proof of Concept
Fund:
Compass Rose
Cellax Nanoparticles for Enhanced Cancer Treatment
XLV Diagnostics
Innovation Type:
Medical Technologies
Cancer Type:
Breast
Funding Stage:
Series A,B,C
Fund:
Compass Rose
X-ray light valve (XLV) for low-cost digital mammography
Privacy Analytics (IQVIA)
Innovation Type:
Informatics & AI
Cancer Type:
Multiple
Funding Stage:
Exit
Fund:
Compass Rose
Software unlocking the vast potential of medical data without compromising individual privacy or causing unacceptable distortion of the data
Arrayus Technologies (formerly Harmonic Medical)
Innovation Type:
Medical Technologies
Cancer Type:
Liver
Funding Stage:
Series A,B,C
Fund:
Compass Rose
A system using ultrasound to both detect and treat tumours in bone and liver for the relief of pain without surgery and without expensive imaging equipment
McMaster University
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Proof of Concept
Fund:
Compass Rose
Development of Radiolabeled Insulin Probe
Triphase Accelerator Corporation
Innovation Type:
Therapeutics
Cancer Type:
Multiple
Funding Stage:
Series A,B,C
Fund:
Compass Rose
Formation of an Accelerator enterprise designed to take drug candidates from IND through to clinical proof-of-concept. Later decided to accept pre-IND assets as well.
Kapplex
Innovation Type:
Medical Technologies
Cancer Type:
Multiple
Funding Stage:
Exit
Fund:
Compass Rose
A Digital Microfluidics Platform for High-Throughput Apoptosis Screening
Xagenic
Innovation Type:
Medical Technologies
Cancer Type:
Multiple
Funding Stage:
Exit
Fund:
Compass Rose
Validation of the GenEplex platform for clinically accepted leukemia biomarkers
DLVR Therapeutics
Innovation Type:
Therapeutics
Cancer Type:
Liver
Funding Stage:
Proof of Concept
Fund:
Compass Rose
Novel nanoparticle delivery technology
University of Toronto (Receptor-OncoTek)
Innovation Type:
Therapeutics
Cancer Type:
Other
Funding Stage:
Proof of Concept
Fund:
Compass Rose
Preclinical development of PoLi-PTX, Intraperitoneal Ovarian Cancer Therapy
DVS Sciences (Fluidigm/Standard BioTools)
Innovation Type:
Medical Technologies
Cancer Type:
Multiple
Funding Stage:
Exit
Fund:
Compass Rose
Flow cytometer-mass spectrometer for multi-parametric cell and bead analysis
UHN (TorCell Therapeutics)
Innovation Type:
Therapeutics
Cancer Type:
Heme
Funding Stage:
Proof of Concept
Fund:
Compass Rose
Novel T-cell Immunotherapy (autologous cellular therapy)
UHN
Innovation Type:
Therapeutics
Cancer Type:
Heme
Funding Stage:
Proof of Concept
Fund:
Compass Rose
Development of novel chemical proteosome inhibitors
Sunnybrook Research Institute
Innovation Type:
Diagnostics
Cancer Type:
Liver
Funding Stage:
Proof of Concept
Fund:
Compass Rose
Glypican-3: a novel marker for the early diagnosis of hepatocellular carcinoma
UHN
Innovation Type:
Medical Technologies
Cancer Type:
Liver
Funding Stage:
Proof of Concept
Fund:
Compass Rose
Novel Radio Frequency Ablation Technology for Treatment of Solid Tumours
ArcticDx
Innovation Type:
Diagnostics
Cancer Type:
Other
Funding Stage:
Proof of Concept
Fund:
Compass Rose
Development of a colon cancer risk prediction diagnostic tool
Robarts Research Institute
Innovation Type:
Medical Technologies
Cancer Type:
Prostate
Funding Stage:
Proof of Concept
Fund:
Compass Rose
3D ultrasound-guided intraoperative and dynamic minimally invasive trans-perineal prostate therapy and biopsy platform
Profound Medical
Innovation Type:
Medical Technologies
Cancer Type:
Prostate
Funding Stage:
Exit
Fund:
Compass Rose
MRI-guided transurethral ultrasound therapy for localized prostate cancer