University of Toronto Early-Stage Technology (UTEST) Program

University of Toronto Early-Stage Technology (UTEST) Program

Overview

University of Toronto Early-Stage Technology (UTEST) Program is a deep tech focused accelerator program that provides investment and support to research-based companies emerging from the University of Toronto.

Year Founded

2012

Portfolio Companies

3

Investments

CompanyDateStageLead
NanoMorphixMay 2025AcceleratorLead
Rhea Health Inc.Oct 2021SeedCo-investor
Ardra Inc.Jun 2016AcceleratorCo-investor
Rhea Health Inc.-AcceleratorLead
Ardra Inc.-AcceleratorCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

Premium
SeedSeries ASeries BGrowth

Unlock portfolio analytics

Sign up to view full sector, stage, and valuation breakdowns for this investor.

Investment Activity

Yearly cadence, pace, and funding raised over time.

Premium
2021
2022
2023
2024
2025
2026

Unlock portfolio analytics

Sign up to explore yearly investment trends and funding raised over time.

FAQ

Firmographic Details

HeadquartersToronto
Year Founded2012

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.







Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.