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  • Ontario Emerging Technologies Fund

The Ontario Emerging Technologies Fund (OETF) was a direct investment fund established by the Province of Ontario in 2009 to co-invest into innovative, high-growth, private, Ontario companies.

$105 Million
Venture Ontario Investment
$350 Million
Partner Investment

Investment Impact

Careers Created & Retained Icon


Careers Created & Retained
Revenues Icon

$820 Million

Research and Development Expenditures Icon

$400 Million

R & D Expenditures

The OETF was designed to respond to the challenges faced in raising capital by innovative, private, Ontario-based companies in the clean technology, life sciences and advanced health technologies, and digital media and information and communications technology sectors.

The OETF has completed its active investment period and continues to actively manage its direct investment portfolio through to realization. OETF’s portfolio of companies is well represented and dispersed throughout the major urban centres of southern Ontario referred to as Ontario’s Innovation Super Corridor.

Portfolio Diversification

Early investments like those made by the Venture Ontario allowed ecobee to focus on meaningful innovation that placed customer needs at the forefront of our early product development decisions. Without the strong vote of confidence given by early partners such as Venture Ontario, ecobee would not be the smart home leader that it is today."

Stuart Lombard, Founder and CEO of ecobee


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