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§ Venture Capital · Ontario, Canada
A numbered corporation officially registered in Ontario, Canada. It was involved in a 2020 business combination transaction.
2802932 Ontario Inc. functions as a strategic investment vehicle, primarily providing capital and structural support to growing enterprises. This entity specializes in facilitating complex financial transactions, acting as a sponsor in significant corporate events like business combinations to aid the expansion and market integration of its associated companies. Its operational focus involves the strategic deployment of resources to foster development within its portfolio.
The company was formally established as an Ontario corporation. Its notable public emergence occurred through its role as a sponsor in the Confidentiality and Lockup Agreement associated with Innoviz Technologies Ltd.'s business combination, executed in December 2020. This involvement highlights its purposeful formation to engage in high-level financial arrangements, connecting capital with innovative ventures seeking pathways to market.
The primary beneficiaries of 2802932 Ontario Inc.'s strategic activities are its shareholders and the technology-driven enterprises it backs, such as Innoviz. The entity’s long-term vision aims to contribute to the successful growth and market penetration of its investments, ultimately driving value creation and supporting the broader ecosystem of its portfolio companies as they evolve.
2802932 Ontario has 1 tracked investment across 1 company. The latest tracked deal is $200.0M Other Equity in Innoviz Technologies in December 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 10, 2020 | Innoviz Technologies | $200.0M Other Equity | Antara Capital | Jonathan Sherman, Omer David Keilaf, Oren Buskila, Oren Rosenzweig, TIM Saunders, Wilson Kello, Zohar Zisapel, 2702933 Ontario, Amiti Ventures, Atidit Pension Fund, Champel Capital, Delek Motors, FCPI, Glory Ventures, GWW, Harel Insurance Investments & Financial Services, Integrated Dynamic Enterprises A, Lomsha, Magma Venture Partners, Perception Capital, Robolution Capital, Shipwright Spac I, Sino BLR Capital Management, Softbank Ventures Asia, The Linton Family Trust, The Phoenix Insurance Company, Tzava Hakeva Savings Fund Provident Fund Management Company, Vertex Ventures Israel |