Life Sciences Innovation Fund

Life Sciences Innovation Fund

Overview

Ontario's Life Sciences Innovation Fund (LSIF) is an early-stage co-investment fund that supports companies in Life Sciences and Healthcare Technologies sectors related to human health. The fund is aimed at addressing the unique challenges faced by life sciences entrepreneurs moving innovative and capital-intensive investments from a conceptual stage through to commercialization. OCI co-invests with angel and other investors to help de-risk the opportunity, assisting start-ups in becoming investor and customer ready and allowing them to attract follow-on investment.

Year Founded

2018

Portfolio Companies

5

Investments

CompanyDateStageLead
Vessl ProstheticsJun 2025GrantCo-investor
TMRWJul 2024Series DCo-investor
TMRW Life SciencesJul 2024Series DCo-investor
HDAX TherapeuticsJul 2024GrantCo-investor
TMRWJul 2021Series CCo-investor

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

HeadquartersOntario
Year Founded2018

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