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- Ontario to Invest $60 million in Venture Capital
Venture Ontario announced today its intention to invest $60 million into venture capital funds on behalf of the government of Ontario.Venture Ontario will invest in venture capital funds that are focused on sectors of strategic importance to Ontario's economy, such as information and communications technology (ICT), cleantech, and life sciences. Venture Ontario will invest alongside institutional, corporate and other investors on the same market based terms.For more information, please read the following:News Release
- Ontario Supporting Growth of Life Sciences Businesses Venture Ontario Seeks Fund Managers
Ontario is moving forward with a venture capital fund to help life sciences firms access the capital they need to grow their business, create jobs and compete globally.Venture Ontario , an agency that manages the province's venture capital equity interests, has issued an expression of interest to identify fund managers to partner with other institutional investors such as corporations, banks and pension funds.For more information, please read the following:News Release
- Venture Capital Fund Managers to Help Cleantech Businesses Succeed
Ontario has selected two venture capital fund managers through the Venture Ontario to help cleantech companies get the capital they need to grow their business and create jobs in the province.For more information, please read the following: News Release
- Micro Focus Completes Acquisition of Interset Software Inc.
Ottawa-based Interset Software Inc., a developer and provider of cyber-threat protection software, has been acquired by UK-based Micro Focus. The Ontario Emerging Technologies Fund first invested in Interset (then GridIron Software Inc.) in 2011 alongside Propulsion Ventures and other investors.For more information, please read the following:News Release