Venture Ontario

Venture Ontario is the venture capital investment agency of the government of Ontario, established in 2009. Its primary mandate is to foster and expand the venture capital sector within Ontario, facilitating access to crucial capital for high-potential technology companies to grow and thrive. The agency plays a pivotal role in the province's economic development by actively managing Ontario's venture capital investment portfolio and making strategic investment decisions.

The firm operates with a dual investment strategy, engaging in both direct investments through initiatives like the Ontario Emerging Technologies Fund and significant fund investments in various venture capital funds. These fund investments include partnerships with entities such as Northleaf Venture Catalyst Fund, Lumira Ventures, Genesys Capital, and Brightspark Ventures, among others. Venture Ontario aims to support innovative and entrepreneurial businesses in becoming global leaders, contributing to job creation and economic prosperity within the province.

Venture Ontario focuses its investments across a diverse range of technology sectors, including clean technology, life sciences, health technologies, digital media, information and communications technology, and financial services. Notable companies within its broader portfolio have included ecobee, Shopify, and BlueCat, demonstrating its commitment to supporting innovative firms from early-stage development through to growth and market leadership. The agency's investments are designed to align with Ontario's broader policy goals, including the commercialization and protection of intellectual property.

The leadership team at Venture Ontario includes experienced professionals such as Steve Romanyshyn, President and CEO, who has a background in economic and innovation strategies for the Government of Ontario, and Brenda M. Hogan, Chief Investment Officer, with over two decades of experience in venture capital strategy and execution across various investment levels and sectors.