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We are the venture capital agency of the government of Ontario

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Ontario Capital Growth Corporation (OCGC) is the venture capital investment agency of the government of Ontario. OCGC was created to promote and develop the venture capital sector in Ontario, to assist high potential technology companies access capital vital to grow and prosper. 

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OCGC News

The latest news from Ontario Capital Growth Corporation

July 26, 2021

Lumira Ventures today announced a significant expansion of its capital base to support the founding and building of innovative healthcare companies in Canada and the U.S. The closing of the oversubscribed Lumira Ventures IV at US$220 million represents the largest fund Lumira has raised to date, and the largest institutional life sciences venture capital fund ever raised in Canada.

News Release

June 9, 2021

The Ontario government is providing $100 million in venture capital funding to assist high-potential technology companies innovate and grow, boosting the province’s long-term competitiveness, helping to create jobs and driving economic growth.

News Release

July 21, 2020

Amplitude Venture Capital today announced a second close, signalling it has raised more than 75 per cent of the target $200 million for its first fund, focused on precision medicine.

News Release