# Ontario Centre of Innovation: portfolio, investments and team

> Ontario Centre of Innovation is a vc firm based in Canada. 43 investments on record, 17 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/ontario-centre-of-innovation (Millionrounds; every figure on the page links to its filing or article)

Canada · [Investor](https://millionrounds.com/investors)

# Ontario Centre of Innovation

Last cheque observed Sep 2026; 43 cheques on record.

Deploying now VC firm

Seed Grant Pre-seed Health Care Artificial Intelligence

Deploying now

**94%** of best year **17** **cheques in 12 months**, 43 on record

Since the last cheque **33** days **00** hrs **00** min **00** sec

Median round **$987K** Rounds led **0 of 43** Sole investor **12 rounds** Mostly in **Canada, 90%**

Pitch Ontario Centre of Innovation

## Ontario Centre of Innovation highlights

- 01 17 cheques in the last 12 months
- 02 Mostly Seed and Grant: 69% of its rounds
- 03 Sole investor in 12 rounds, median $570K

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Health Care Artificial Intelligence
- **Based in:** Canada
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **43 appearances**

- **2026** 16 rounds
- **Sept** **[Blair Health](https://millionrounds.com/company/blair-health)** Pre-seed · CA · BetaKit **$3.0M** With 5 others
- **Sept** **[QurCan Therapeutics Inc.](https://millionrounds.com/company/qurcan-therapeutics-inc)** Venture · CA **$3.0M** With 2 others
- **Jul** **[Resiliocs Intelligence](https://millionrounds.com/company/resiliocs-intelligence)** Grant · CA **$53K** With 3 others
- **May** **[Synakis Corp.](https://millionrounds.com/company/synakis-corp)** Pre-seed · CA · Canadian Glycomics Network **$1.9M** With 4 others
- **May** **[myStoria](https://millionrounds.com/company/mystoria)** Seed · CA **$366K** With 1 other
- **May** **[Esphera SynBio](https://millionrounds.com/company/esphera-synbio)** Seed · CA **$366K** With 1 other
- **May** **[Synmedix](https://millionrounds.com/company/synmedix)** Seed · CA **$366K** Sole investor
- **May** **[Script Runner](https://millionrounds.com/company/script-runner)** Seed · CA **$366K** Sole investor
- **May** **[Kare Chemical Technologies](https://millionrounds.com/company/kare-chemical-technologies)** Pre-seed · CA **$366K** Sole investor
- **May** **[NordSpace](https://millionrounds.com/company/nordspace)** Grant · CA **$2.3M** Sole investor
- **May** **[mDETECT Inc](https://millionrounds.com/company/mdetect-inc)** Seed · CA **$366K** Sole investor
- **May** **[NodeAI Diagnostics](https://millionrounds.com/company/nodeai-diagnostics)** Seed · CA **$366K** Sole investor
- **Mar** **[PhenoTips](https://millionrounds.com/company/phenotips)** Venture · CA **Undisclosed** With 2 others
- **Mar** **[NordSpace](https://millionrounds.com/company/nordspace)** Grant · CA **$8.3M** Sole investor
- **Feb** **[MIMOSA Diagnostics](https://millionrounds.com/company/mimosa-diagnostics)** Venture · CA **$100K** With 3 others
- **Jan** **[KorrAI](https://millionrounds.com/company/korrai)** Venture · CA **Undisclosed** With 2 others
- **2025** 6 rounds
- **Nov** **[Hyivy Health](https://millionrounds.com/company/hyivy-health)** Grant · CA **$18K** With 2 others
- **Oct** **[PhenoTips](https://millionrounds.com/company/phenotips)** Seed · CA · GreenSky Ventures **$2.0M** With 1 other
- **Sept** **[Kelsen Legal Technologies Inc.](https://millionrounds.com/company/kelsen-legal-technologies-inc)** Seed · CA **$725K** With 3 others
- **Aug** **[Moonrise Medical](https://millionrounds.com/company/moonrise-medical)** Pre-seed · CA **$361K** Sole investor
- **Jul** **[Paperstack](https://millionrounds.com/company/paperstack)** Seed · US **$3.6M** With 4 others
- **Jan** **[Grey Matter Neurosciences](https://millionrounds.com/company/grey-matter-neurosciences)** Seed · CA **$14M** Sole investor
- **2024** 9 rounds
- **Dec** **[PharmAla Biotech](https://millionrounds.com/company/pharmala-biotech)** CA **$1.6M** Sole investor
- **Nov** **[Evercloak](https://millionrounds.com/company/evercloak)** Grant · CA **$250K** With 2 others
- **Oct** **[Talin](https://millionrounds.com/company/talin)** Pre-seed · CA **$574K** With 3 others
- **Sept** **[HDAX Therapeutics](https://millionrounds.com/company/hdax-therapeutics)** Seed · CA **$3.2M** With 2 others
- **Jul** **[Noa Therapeutics](https://millionrounds.com/company/noa-therapeutics)** Grant · CA **$367K** With 4 others
- **Jul** **[Tenomix](https://millionrounds.com/company/tenomix)** Grant · CA **$367K** With 2 others
- **Jun** **[Mesosil](https://millionrounds.com/company/mesosil)** Seed · CA **$1.6M** With 2 others
- **Jun** **[MIMOSA Diagnostics](https://millionrounds.com/company/mimosa-diagnostics)** Grant · CA **$740K** With 3 others
- **Mar** **[Quthero](https://millionrounds.com/company/quthero)** Seed · US **$1.4M** With 1 other
- **2023** 5 rounds
- **Sept** **[The OWL Solutions](https://millionrounds.com/company/the-owl-solutions)** Seed · CA **$1.3M** With 2 others
- **Jul** **[TROES](https://millionrounds.com/company/troes)** Venture · CA **Undisclosed** With 5 others
- **Jul** **[Neptune Nanotechnologies](https://millionrounds.com/company/neptune-nanotechnologies)** Seed · CA **$1.4M** With 1 other
- **May** **[Locorum](https://millionrounds.com/company/locorum)** Pre-seed · CA **$1.2M** Sole investor
- **Apr** **[QEA Tech](https://millionrounds.com/company/qea-tech)** Seed · CA **$1.6M** With 1 other
- **2022** 4 rounds
- **Dec** **[WeTraq](https://millionrounds.com/company/wetraq)** Seed · CA **$182K** With 2 others
- **Oct** **[Perch](https://millionrounds.com/company/perch)** Series A · US **$2.9M** With 2 others
- **Aug** **[goPeer](https://millionrounds.com/company/gopeer)** Seed · CA **$773K** Sole investor
- **Aug** **[Lucid](https://millionrounds.com/company/lucid)** Pre-seed · US **$2.5M** With 1 other

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 **1** person 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.

## The cheque

Seed Grant Pre-seed

Median round joined **$987K** the round, not its cheque Alone, median **$570K**

Led 0 of 43 rounds **0%**

- **Sole investor:** 12 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Seed *20*
- Grant *9*
- Pre-seed *7*
- Venture *5*
- Series A *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) 9
- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 6
- [Archangel Network Of Funds](https://millionrounds.com/fund/archangel-network-of-funds-axion-fund) 4
- [Accelerator Centre](https://millionrounds.com/fund/accelerator-centre) 2
- [Anges Quebec](https://millionrounds.com/fund/anges-quebec) 2
- [FedDev](https://millionrounds.com/fund/feddev) 2

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## Who they invest alongside

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

[**Creative Destruction Lab** Accelerator **9** rounds together](https://millionrounds.com/fund/creative-destruction-lab)[**BDC Capital** VC firm **6** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Archangel Network Of Funds** VC firm **4** rounds together](https://millionrounds.com/fund/archangel-network-of-funds-axion-fund)[**Accelerator Centre** Accelerator **2** rounds together](https://millionrounds.com/fund/accelerator-centre)[**Anges Quebec** Angel network **2** rounds together](https://millionrounds.com/fund/anges-quebec)[**FedDev** VC firm **2** rounds together](https://millionrounds.com/fund/feddev)[**FundersClub** VC firm **2** rounds together](https://millionrounds.com/fund/fundersclub)[**GreenSky Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/greensky-ventures)[**LAUNCHub Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/launchub-ventures)[**NEXT Canada** Accelerator **2** rounds together](https://millionrounds.com/fund/next-ai)[**National Research Council of Canada Industrial Research Assistance Program** VC firm **2** rounds together](https://millionrounds.com/fund/national-research-council-of-canada-industrial-research-assi)[**Techstars** VC firm **2** rounds together](https://millionrounds.com/fund/techstars)

## Recently backed

The latest companies Ontario Centre of Innovation put money into.

[**Blair Health** $3.0M · Sept 2026](https://millionrounds.com/company/blair-health)[**QurCan Therapeutics Inc.** $3.0M · Sept 2026](https://millionrounds.com/company/qurcan-therapeutics-inc)[**Resiliocs Intelligence** $53K · Jul 2026](https://millionrounds.com/company/resiliocs-intelligence)[**myStoria** $366K · May 2026](https://millionrounds.com/company/mystoria)[**Synmedix** $366K · May 2026](https://millionrounds.com/company/synmedix)[**Script Runner** $366K · May 2026](https://millionrounds.com/company/script-runner)

## Quick answers about Ontario Centre of Innovation

### What does Ontario Centre of Innovation invest in?

Ontario Centre of Innovation invests most often at Seed and Grant (69% of the rounds on record), in sectors such as Health Care and Artificial Intelligence.

### How active is Ontario Centre of Innovation?

43 investments on record, 17 of them in the last 12 months. The most recent was in Sept 2026.

### What has Ontario Centre of Innovation invested in recently?

Its most recent investments on record: Blair Health (Pre-seed, Sept 2026), QurCan Therapeutics Inc. (Venture, Sept 2026) and Resiliocs Intelligence (Grant, Jul 2026).

### How big are Ontario Centre of Innovation's cheques?

The median round it joins is $987K.

### Does Ontario Centre of Innovation lead rounds?

Rarely, if at all: none of its 43 investments on record names it as the lead.

### Where does Ontario Centre of Innovation invest?

Most of the companies it backs are in Canada (90%) and the United States (10%).

### Is Ontario Centre of Innovation investing now?

Yes: it is actively investing, with 17 investments in the last 12 months.

### Who does Ontario Centre of Innovation invest alongside?

Most often Creative Destruction Lab (9 rounds together), BDC Capital (6 rounds together) and Archangel Network Of Funds (4 rounds together).

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