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Locations

Canada · Toronto, ON, Canada · North York, Toronto, ON, Canada

Size

11-50 employees

founded in

2014

FACIT is a commercialization venture firm focused on accelerating oncology innovation by building companies with entrepreneurs. It leverages a strong network with the Ontario Institute for Cancer Research (OICR) to attract significant investments, having generated over $1.5 billion in follow-on financing for its portfolio of Ontario-based biotech start-ups. FACIT's business model includes investing seed capital, creating and scaling start-ups, and securing strategic partnerships, all aimed at driving clinical trials and job creation in the biotech sector. This positions FACIT as a key player in Ontario's life sciences ecosystem, enhancing patient outcomes and economic growth.

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