FACIT
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
21
Website
facit.caInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Radiant Biotherapeutics | Sep 2024 | Series A | Co-investor |
| HDAX Therapeutics | Sep 2024 | Seed | Lead |
| NerView Surgical Inc. | Apr 2026 | Grant | Co-investor |
| Cura Therapeutics | Mar 2025 | Accelerator | Co-investor |
| Tenomix | Mar 2024 | Seed | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is FACIT based?
FACIT is headquartered in Toronto, Ontario, Canada.
When was FACIT founded?
Founding year information for FACIT is not publicly available.
How many portfolio companies does FACIT have?
FACIT has 21 portfolio companies in Caplight's dataset.
What are some companies in FACIT's portfolio?
Portfolio companies visible on Caplight include Radiant Biotherapeutics, HDAX Therapeutics, NerView Surgical Inc., Cura Therapeutics, Tenomix.
What was FACIT's most recent investment shown here?
FACIT's most recent investment in this portfolio sample was in NerView Surgical Inc. in 2026.
What sectors does FACIT focus on?
FACIT focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Frontier & Industrial Tech.
What company stages does FACIT focus on?
FACIT typically invests at the Early stage.
What is FACIT's AUM?
FACIT's assets under management are estimated at over $100.0M.