FedDev Ontario
Overview
FedDev Ontario is a Canadian government agency that provides funding and support to promote economic development, innovation, and diversification in southern Ontario.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Xanadu Quantum Technologies Limited | Feb 2024 | Debt | Co-investor |
| Pronti AI | May 2024 | Grant | Co-investor |
| Palitronica Inc | Jun 2023 | Grant | Co-investor |
| Alchemy | Feb 2025 | Grant | Co-investor |
| ProteinQure | Jan 2025 | Grant | Co-investor |
For institutional investors. Book with your work email.
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is FedDev Ontario based?
FedDev Ontario is headquartered in Waterloo, Ontario, Canada.
When was FedDev Ontario founded?
FedDev Ontario was founded in 2009.
How many portfolio companies does FedDev Ontario have?
FedDev Ontario has 44 portfolio companies in Caplight's dataset.
What are some companies in FedDev Ontario's portfolio?
Portfolio companies visible on Caplight include Xanadu Quantum Technologies Limited, Pronti AI, Palitronica Inc, Alchemy, ProteinQure.
What was FedDev Ontario's most recent investment shown here?
FedDev Ontario's most recent investment in this portfolio sample was in Alchemy in 2025.
What sectors does FedDev Ontario focus on?
FedDev Ontario focuses on Telecommunications & Networking, Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Healthcare & Life Sciences, Consumer & Commerce, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Cybersecurity, Frontier & Industrial Tech, Real Estate & PropTech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Consumer & Commerce, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Telecommunications & Networking, Energy & Sustainability, Frontier & Industrial Tech, Cybersecurity, Energy & Sustainability, Consumer & Commerce, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Real Estate & PropTech, Frontier & Industrial Tech, Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Consumer & Commerce, Enterprise Software, Cybersecurity, Real Estate & PropTech, Real Estate & PropTech, Frontier & Industrial Tech, Real Estate & PropTech, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, Real Estate & PropTech, Enterprise Software, Frontier & Industrial Tech, Real Estate & PropTech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Energy & Sustainability, Enterprise Software, Telecommunications & Networking, Enterprise Software, Real Estate & PropTech, Enterprise Software, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, Telecommunications & Networking, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Frontier & Industrial Tech.
What company stages does FedDev Ontario focus on?
FedDev Ontario typically invests at the MultiStage stage.
What is FedDev Ontario's AUM?
FedDev Ontario's assets under management are estimated between $100.0M and $250.0M.