Canada · Investor

FACIT

Last cheque observed Apr 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

Pre-seedSeedSeries AOncologyBiotechLife Sciences

Cheques on record
0%of best year0cheques in 12 months, 2 on record
Since the last cheque2764days00hrs00min00sec
Median round$65MRounds led0 of 2
Pitch FACIT

FACIT highlights

  1. 01

    2 rounds on record

  2. 02

    Mostly Series A and Series B: 100% of its rounds

What they do

FACIT was established by the Ontario Institute for Cancer Research (OICR) to support commercialization, technology transfer, and development activities.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries ASeries B
Sectors
OncologyBiotechLife Sciences
Based in
Toronto, Canada
Cold pitches
Not accepted

The record

Every round we can evidence, newest first2 appearances

  1. 2019

    1 round

  2. Apr
    Fusion PharamaceuticalsSeries B · CA · FinSMEs$105MWith 11 others
  3. 2017

    1 round

  4. Feb
    Fusion PharmaceuticalsSeries A · CA · FinSMEs$25MWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 3 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Who they invest alongside

The investors most often in the same rounds as FACIT. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies FACIT put money into.

Quick answers about FACIT

What does FACIT invest in?

FACIT invests most often at Series A and Series B (100% of the rounds on record), in sectors such as Oncology, Biotech and Life Sciences.

How active is FACIT?

2 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2019.

What has FACIT invested in recently?

Its most recent investments on record: Fusion Pharamaceuticals (Series B, Apr 2019) and Fusion Pharmaceuticals (Series A, Feb 2017).

How big are FACIT's cheques?

The median round it joins is $65M.

Is FACIT investing now?

No investments in the last 12 months; the latest was in Apr 2019.

Who does FACIT invest alongside?

Most often TPG (2 rounds together).

What kind of investor is FACIT?

FACIT is a VC firm based in Toronto, Canada.

When was FACIT founded?

FACIT was founded in 2014.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it