FACIT

FACIT

Toronto, Ontariofacit.ca

Overview

FACIT is an award-winning commercialization venture firm that builds companies with entrepreneurs to accelerate oncology innovation. Established by the Ontario Institute for Cancer Research (OICR), it aims to bridge the life sciences seed funding gap by seeding and scaling Ontario's premier entrepreneurial ventures. FACIT strategically invests in oncology breakthroughs and companies, including therapeutics, imaging, diagnostics, and technology platforms, arising from Ontario's innovation ecosystem. It manages a diverse portfolio of over 35 companies and its portfolio has raised more than $1.7B in follow-on financing.

Portfolio Companies

10

Website

facit.ca

Investments

CompanyDateStageLead
NerView Surgical Inc.Apr 2026GrantCo-investor
Genetics AdviserMar 2025AcceleratorLead
AiimSense Inc.Mar 2025AcceleratorCo-investor
Esphera SynBioJan 2025SeedLead
cTRL TherapeuticsOct 2024Early FundingLead

Sector & Stage Mix

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersToronto, Ontario
Year FoundedN/A

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