About Bioindustrial Innovation Canada
Bioindustrial Innovation Canada, an accelerator and incubator program founded in 2008, is based in Sarnia, Canada. With a presence in 3 countries, it has supported around 29 startups in sectors like Environment Tech, High Tech. As of Jun 2025, Bioindustrial Innovation Canada has witnessed 8 portfolio exits. Most notable companies in
its portfolio include Weebly, Greencore and Li-Cycle. The program is backed by a team of 5 people who primarily support Seed startups based in Canada. Its latest investment was a $2M Seed round in Evercloak on Feb 13, 2024, which also saw participation from Greensoil PropTech Ventures and GroundBreak Ventures.
Key Metrics
Founded Year
2008
Location
Sarnia, Canada
Sectors of Investment
Stages of Investment
Seed, Series A &
Locations of Investment
Bioindustrial Innovation Canada's Portfolio
Bioindustrial Innovation Canada has a portfolio ofÌý29 companies.Ìý°Õ³ó±ð¾±°ùÌýlatest investmentÌýwas inÌýEvercloak(Seed Round) on Feb 13, 2024.ÌýThey have hadÌý8 portfolio exits.ÌýMost notable exits includeÌýLi-Cycle,ÌýOrigin Materials andÌý.Bioindustrial Innovation Canada's Year-on-Year Investment Trends
Bioindustrial Innovation Canada has invested in 29 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. In 2024, it made 1 investment. Its most recent first time investment was in Evercloak.
Year | No. of Investments | ||
|---|---|---|---|
1stÌýRound | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 3 | 0 | 3 |
2017 | 3 | 0 | 3 |
2016 | 1 | 0 | 1 |
Bioindustrial Innovation Canada's Investments by Stage
Bioindustrial Innovation Canada has made 4 investments in Seed stage with an average round size of $2M, 4 investments in Series A stage with an average round size of $27M and 2 investments in Series B stage with an average round size of $382K.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 4 |
Series B | 2 |
Bioindustrial Innovation Canada's Investments by Sector
Bioindustrial Innovation Canada has a diverse portfolio, with companies operating in the Environment Tech, Sustainability Tech, Chemicals and Materials Tech, Environment and High Tech. Notably, it has invested in 22 Enterprise (B2B) companies, 18 Tech companies, 4 Tech hardware companies and at least 1 company focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Environment Tech | 6 |
Sustainability Tech | 6 |
Chemicals and Materials Tech | 2 |
Environment | 2 |
High Tech | 2 |
Others | 2 |
Bioindustrial Innovation Canada's Investments by Geography
Bioindustrial Innovation Canada has made most investments in Canada (8), followed by United States where it has made 2 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
Canada | 8 |
United States | 2 |
Bioindustrial Innovation Canada's recent investments
Here are the most recent investments by Bioindustrial Innovation Canada:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 13, 2024 | Canada | Seed | $2M | ||
Apr 25, 2023 | Canada | Series A | $27M | ||
Mar 09, 2019 | Canada | Series A | Undisclosed | - | |
May 29, 2018 | Canada | Series A | Undisclosed | ||
Apr 05, 2018 | Canada | Series A | Undisclosed | [+1] |
IPOs and Publicly Listed companies in Bioindustrial Innovation Canada's Portfolio
Here are Bioindustrial Innovation Canada's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 11, 2021 | Mar 20, 2018 | Seed | Undisclosed | |
Jun 25, 2021 | Jun 14, 2017 | Series B | Undisclosed | |
_1573101099487.png?height=40&width=40){kind=logo} | Mar 23, 2012 | - | - | - |
Aug 04, 2011 | - | - | - | |
Apr 17, 1991 | - | - | - |
Acquired companies in Bioindustrial Innovation Canada's Portfolio
Here are Bioindustrial Innovation Canada's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 25, 2022 | - | - | - | |
Mar 22, 2019 | - | - | - | |
Apr 26, 2018 | - | - | - |
Team profile of Bioindustrial Innovation Canada
Bioindustrial Innovation Canada has a team of 5 membersÌýincluding 2 PartnersÌýlocated in United States and Canada. Bioindustrial Innovation Canada's team does not sit on the board of any company as of now.Here is a list of all team members in Bioindustrial Innovation Canada:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Ontario | - | ||
Partner | New Brunswick | - | ||
Advisor | Burlington | - | ||
Analyst | - | - | - | |
Analyst | Sarnia | - | - |
Co-investors of Bioindustrial Innovation Canada
Over the past 9 years, 57 investors have co-invested in Bioindustrial Innovation Canada's portfolio companies.
- Invested before Bioindustrial Innovation Canada:ÌýSustainable Development Technology Canada, Bioenterprise and 16 others have invested in rounds before Bioindustrial Innovation Canada. There are 4 companies where Sustainable Development Technology Canada has invested before Bioindustrial Innovation Canada and 1 company where Bioenterprise has invested before Bioindustrial Innovation Canada.
- Top Co-investors of Bioindustrial Innovation Canada:Ìý10 investors entered a company along with Bioindustrial Innovation Canada. These include investors like Middleland Capital (1 company).
- Invested after Bioindustrial Innovation Canada:ÌýA total of 29 investors have invested in Bioindustrial Innovation Canada's portfolio after their investments. Top Investors include BDC (2 companies) and (1 company).
Recent News related to Bioindustrial Innovation Canada
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Canadian Manufacturing•Aug 20, 2024•Bioindustrial Innovation Canada
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Canadian Manufacturing•Feb 13, 2024•Evercloak, Bioindustrial Innovation Canada, , Greensoil PropTech Ventures and 2 others
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Canadian Biomass Magazine•Aug 14, 2023•Bioindustrial Innovation Canada
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FinSMEs•Apr 25, 2023•Cyclic Materials, Planetary, Bioindustrial Innovation Canada, Fifth Wall and 2 others
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Biomass Magazine•Aug 11, 2022•Bioindustrial Innovation Canada
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Bioenergy International•May 29, 2018•Forward Water Technologies, , Bioindustrial Innovation Canada
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Comet Bio•Feb 28, 2017•Comet Bio, PM Equity Partner, Sofinnova Partners, Bioindustrial Innovation Canada
