About FACIT
FACIT is a company based in Toronto (Canada) founded in 2014. It operates as a Venture Capital, and Seed Funding. FACIT offers products and services including WeSEED Program, Falcons’ Fortunes, and Prospects Fund.
- Headquarter Toronto, Canada
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Sectors
Healthcare
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Website
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Products & Services of FACIT
FACIT offers a comprehensive portfolio of products and services, including WeSEED Program, Falcons’ Fortunes, and Prospects Fund. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides seed capital and support for women-led health startups
Annual event for oncology startup pitches and funding awards
Focuses on early-stage cancer innovation investments
Funding Insights of FACIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by FACIT
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FACIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Facit Comparisons
Competitors of FACIT
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Facit
Frequently Asked Questions about FACIT
When was FACIT founded?
FACIT was founded in 2014.
Where is FACIT located?
FACIT is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does FACIT do?
FACIT, established by the Ontario Institute for Cancer Research, focuses on commercializing cancer innovations by providing seed capital, creating startups, and securing strategic partners. It leverages Ontarios research network to invest in biotech ventures, promote clinical trials, and foster job creation and talent development. Based in Toronto, FACIT aims to enhance patient outcomes and economic growth through sustainable oncology advancements.
What products or services does FACIT offer?
FACIT offers WeSEED Program, Falcons’ Fortunes, and Prospects Fund.
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