Newsroom

OCGC Closes New Investment

April 14, 2012, Filed under: Newsroom

The Ontario Capital Growth Corporation (OCGC) is pleased to advise that it has closed a new investment under the Ontario Emerging Technologies Fund (OETF).

 

StickerYou Inc.

OCGC has closed a co-investment in StickerYou Inc. (“StickerYou”), alongside an Angel Investor. Founded in 2008, StickerYou is a software development company that creates innovative ways to deliver high-quality customized vinyl stickers and decals to individuals and organizations using freeform die-cut sticker printing. Based inToronto, StickerYou’s technology integrates the internet graphic user interface with the printing process. The easy-to-use technology and leading edge platform provide unlimited opportunities for customers to design their own stickers online affordably and at low volumes. For small and large companies, StickerYou is a powerful and cost-effective way to build their brands and engage with consumers.

To learn more about StickerYou Inc., visit www.stickeryou.com.

OCGC Closes Its 25th Investment

March 5, 2012, Filed under: Newsroom

The Ontario Capital Growth Corporation (OCGC) is pleased to advise that it has closed its 25th investment under the Ontario Emerging Technologies Fund (OETF).

Legitmix Inc.

OCGC has closed a co-investment in Legitmix Inc. (“Legitmix”), alongside an Angel Syndicate. Founded in 2010, Legitmix operates a proprietary online service that enables the legal distribution and sale of audio or video mixes, created using copyrighted music.  Based in Ottawa,Ontario, the Legitmix platform allows musicians to legally sample and sell music from other sources without going through the sample-clearing process. Using Legitmix’s patent pending software, an artist can create an instruction set to reproduce their mix using the copyrighted music it contains. The Legitmix process ensures that a consumer can only reproduce an artist’s mix if they possess the necessary copyrighted music.

To learn more about Legitmix Inc., visit www.legitmix.com.

OCGC Has Closed Its 24th Investment

January 31, 2012, Filed under: Newsroom

The Ontario Capital Growth Corporation (OCGC) is pleased to advise that it has closed its 24th investment under the Ontario Emerging Technologies Fund (OETF).

Xagenic Inc.

Xagenic Inc. is a molecular diagnostics company located in Toronto, Canada. The company is developing a fully automated technology platform that will enable widespread decentralized diagnostic testing to be performed outside of clinical laboratories. Tests are under development that will allow the detection of a variety of analytes in situations where rapid test turnaround will provide clinically actionable results that dramatically improve patient care and reduce health care costs.  The Qualified Investor is CTI Life Sciences Fund L.P.

To learn more about Xagenic Inc., visit www.xagenic.com

To learn more about CTI Life Sciences Fund L.P., visit www.ctisciences.com

Two New Investments Closed

January 16, 2012, Filed under: Newsroom

The Ontario Capital Growth Corporation (OCGC) is pleased to advise that it has closed two new investments under the Ontario Emerging Technologies Fund (OETF).

 

Igloo Inc.

Igloo Inc. (“Igloo”) is a Canadian-based company headquartered in Kitchener, Ontario, that develops, markets, and sells enterprise software in the cloud. Igloo is an on-demand social networking/collaboration platform which allows corporate customers to easily build and deploy social networking communities to help organizations improve business processes, increase employee productivity and enhance stakeholder engagement inside and outside the organization.  The Qualified Investor is Royal Bank of Canada.

To learn more about Igloo Inc., visit www.igloosoftware.com.

To learn more about Royal Bank of Canada, visit http://www.rbc.com.

 

Interactive Sports Technologies Inc.

OCGC has closed a co-investment in Interactive Sports Technologies Inc. (“IST”), alongside an Angel Investor. IST, based in Vaughan, Ontario, developed a patented, proprietary, 3D modeling and computer vision technology used in golf simulators for both the residential and the commercial/retail markets. IST’s patented 3D, automated digital modeling technology provides a video golf swing analysis system.

To learn more about Interactive Sports Technologies Inc., visit www.hdgolf.com.

A New Investment Closed

December 19, 2011, Filed under: Newsroom

The Ontario Capital Growth Corporation (OCGC) is pleased to advise that it has closed a new investment under the Ontario Emerging Technologies Fund (OETF).

 

Smart Energy Instruments

Smart Energy Instruments Inc. (“SEI”) is an Oakville-based company that is building connected Ubiquitous Monitoring Equipment for the Smart Grid. SEI designs chipsets, algorithms, operating system and base software that provide intelligent real time data to monitor and stabilize the transmission and distribution of electricity. The Qualified Investor is VentureLink Innovation Fund Inc.

To learn more about Smart Energy Instruments Inc., visit www.smartenergyinstruments.com

To learn more about VentureLink Innovation Fund Inc., visit www.venturelinkfunds.com

Two New Investments Closed; New OETF Service Provider Selected

November 23, 2011, Filed under: Newsroom

The Ontario Capital Growth Corporation (OCGC) is pleased to advise that it has closed two new investments under the Ontario Emerging Technologies Fund (OETF).

 

GridIron Software

GridIron Software LogoGridIron Software is a privately-held company founded in 2001. The company is a provider of tracking solutions for complete IT visibility of sharing, syncing and versioning activities on the desktop and in the cloud. GridIron’s OverFlow is an application that empowers IT professionals and offers efficiencies to companies of all sizes. The Qualified Investor is Propulsion Ventures.

To learn more about GridIron Software, visit www.gridironsoftware.com
To learn more about Propulsion Ventures, visit www.propulsionventures.com

 

Sidense

Sidense LogoSidense Corporation, headquartered in Ottawa, Ontario, provides one-time programmable (OTP) memory IP for use in standard-logic CMOS processes with no additional masks or process steps required. Sidense’s one-transistor 1T-Fuse™ architecture provides a field-programmable alternative solution to Flash, mask ROM and eFuse in many OTP and MTP applications. Sidense licenses its technology to semiconductor foundries and selected IDMs. Customers use Sidense OTP for analog trimming, code storage, encryption keys such as HDCP, WHDI, RFID and Chip ID, medical, automotive, and configurable processors and logic. The Qualified Investor is Tech Capital.

To learn more about Sidense, visit www.sidense.com
To learn more about Tech Capital, visit www.techcapital.com

 

New OETF Service Provider Selected

Ernst and Young Logo
Through a competitive government procurement process led by the Ministry of Government Services, OCGC has retained the services of Ernst & Young to evaluate Qualified Investor applications in relation to the Ontario Emerging Technologies Fund.

For more information about Ernst & Young, visit www.ey.ca

Update to the OETF Guidelines

September 6, 2011, Filed under: Newsroom

The Ontario Emerging Technologies Fund (OETF) Guidelines have been updated. To see a list of the updates, please click here.

OCGC Closes New Deal

Filed under: Newsroom

The Ontario Capital Growth Corporation (OCGC) is pleased to advise that it has closed an investment into Affinium Pharmaceuticals under the Ontario Emerging Technologies Fund (OETF).

Established in 2000, Affinium is a specialty pharmaceutical company with offices in Toronto and Austin. Affinium is developing a novel class of antibiotics that target the bacterial fatty acid synthesis (FASII) pathway and has built an international patent portfolio of more than 1,700 compounds, targets and assays in this new therapeutic class. The company’s lead clinical candidate, AFN-1252, is a small molecule antibiotic for both oral and IV treatment of staphylococcal infections, which has shown promising results in phase 1 clinical trials.

For more information on Affinium, please visit www.afnm.com

For more information on the OETF Qualified Investor, Genesys Capital, please visit www.genesyscapital.com

For a list of other OETF Portfolio Companies, please visit this page

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OCGC Closes New Deal

May 31, 2011, Filed under: Newsroom

The Ontario Capital Growth Corporation is pleased to advise that it has closed an investment into Hy-Power Nano under the Ontario Emerging Technologies Fund (OETF).

Hy-Power Nano Inc., located in Brampton, Ontario, is a nano technology research company that develops proprietary nano-based insulating coatings. When applied, these “next generation” coatings have infra-red blocking properties that keep heat outside in summer and inside during winter. The resulting benefits are all season comfort, reduced utility bills and a positive impact on the environment.

For more information please visit www.hy-powercoatings.com

The OETF Qualified Investor is GrowthWorks – www.growthworks.ca

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OETF Closes Two Additional Deals – Total of $34.8 Million Committed to Date

April 13, 2011, Filed under: Newsroom

The Ontario Capital Growth Corporation is pleased to advise that it has closed two additional investments under the Ontario Emerging Technologies Fund (OETF), bringing the total number of conditionally approved investments and follow on investments to date to 21.

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New Portfolio Companies

iStopOver is an online peer-to-peer travel marketplace built on a flexible ROR platform. This technology enables online communication between hosts and potential guests seeking accommodation in someone’s home as an as an alternative to paying hotel rates. The OETF qualified investor is GrowthWorks.

To learn more about iStopOver – www.istopover.com
To learn more about GrowthWorks – www.growthworks.ca

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Verold develops software tools and processes that significantly reduce the time required to create ready-to-animate 3D content for media consumption, such as games and web content, augmented and virtual reality (AR/ VR) world, and film. The OETF qualified investor is GrowthWorks.

To learn more about Verold – www.verold.com
To learn more about GrowthWorks – www.growthworks.ca