Whitecap Venture Partners

Whitecap Venture Partners is a venture capital firm based in Toronto, Canada, specializing in early-stage investments. Founded in 1989, the firm focuses on information and communications technology, medical technology, and food technology sectors. Whitecap typically invests between CAD 2 million and CAD 5 million in initial rounds, with the potential for follow-on investments of up to CAD 15 million in a single company. The firm primarily targets companies located in Canada and the Northeastern United States, aiming to establish strong partnerships with entrepreneurs to foster growth and innovation. As a subsidiary of Whitecastle Investments Limited, Whitecap is dedicated to identifying and supporting the next generation of exceptional enterprises.

Melissa Belbeck

Principal

Kim Coote

VP of Finance

Carey Diamond

Managing Director / Co-Founder

Shayn Diamond

Partner

Sarah Hartkorn

Associate

Russell Samuels

Partner

Jacob Topatigh

Associate

Past deals in Toronto

Felix Health

Series B in 2023
Felix Health Inc. is an online prescription platform based in Toronto, Canada, that provides medications for various health concerns, including erectile dysfunction, hair loss, acne, and birth control. Founded in 2019, the company aims to modernize healthcare in Canada by offering a seamless and straightforward experience for users seeking effective treatments for their specific needs. Felix Health focuses on making healthcare more accessible and convenient for individuals navigating personal health issues.

Ukko Agro

Seed Round in 2021
Ukko Agro develops an agriculture ecosystem that helps optimize pesticide usage to minimize crop losses. It offers technology tools that facilitate on-farm decision making with minimal time investment from the growers. The company is driven to optimize pesticide use for better crop yield, by integrating technologies to track, analyze, and quantify sustainability gained. Its product features realtime on-farm monitoring, predicts disease or pest attacks, prescribe pesticide spray, integrates with external on-farm equipment and technologies, reduces crop losses, and optimizes crop inputs. Ukko Agro was founded in 2017 and is headquartered in Toronto, Ontario.

Qvella

Venture Round in 2021
Qvella Corporation is a molecular diagnostics company based in Toronto, Canada, focused on revolutionizing clinical microbiology through innovative technologies. Founded in 2009 by a group of scientists and engineers, the company aims to significantly reduce the time required to obtain results for microbiological tests. Qvella's flagship technology, known as Field Activated Sample Treatment (FAST™), employs a unique electrical lysing and sample treatment method called e-lysis™. This approach allows for the rapid and direct detection of infectious agents from unenriched biological samples, such as whole blood, without the need for extensive sample processing. By delivering actionable results in clinically relevant time frames, Qvella's technology seeks to enhance patient outcomes and improve the overall practice of medicine.

Felix Health

Series A in 2021
Felix Health Inc. is an online prescription platform based in Toronto, Canada, that provides medications for various health concerns, including erectile dysfunction, hair loss, acne, and birth control. Founded in 2019, the company aims to modernize healthcare in Canada by offering a seamless and straightforward experience for users seeking effective treatments for their specific needs. Felix Health focuses on making healthcare more accessible and convenient for individuals navigating personal health issues.

Qvella

Venture Round in 2019
Qvella Corporation is a molecular diagnostics company based in Toronto, Canada, focused on revolutionizing clinical microbiology through innovative technologies. Founded in 2009 by a group of scientists and engineers, the company aims to significantly reduce the time required to obtain results for microbiological tests. Qvella's flagship technology, known as Field Activated Sample Treatment (FAST™), employs a unique electrical lysing and sample treatment method called e-lysis™. This approach allows for the rapid and direct detection of infectious agents from unenriched biological samples, such as whole blood, without the need for extensive sample processing. By delivering actionable results in clinically relevant time frames, Qvella's technology seeks to enhance patient outcomes and improve the overall practice of medicine.

Qvella

Series B in 2017
Qvella Corporation is a molecular diagnostics company based in Toronto, Canada, focused on revolutionizing clinical microbiology through innovative technologies. Founded in 2009 by a group of scientists and engineers, the company aims to significantly reduce the time required to obtain results for microbiological tests. Qvella's flagship technology, known as Field Activated Sample Treatment (FAST™), employs a unique electrical lysing and sample treatment method called e-lysis™. This approach allows for the rapid and direct detection of infectious agents from unenriched biological samples, such as whole blood, without the need for extensive sample processing. By delivering actionable results in clinically relevant time frames, Qvella's technology seeks to enhance patient outcomes and improve the overall practice of medicine.

Qvella

Series A in 2015
Qvella Corporation is a molecular diagnostics company based in Toronto, Canada, focused on revolutionizing clinical microbiology through innovative technologies. Founded in 2009 by a group of scientists and engineers, the company aims to significantly reduce the time required to obtain results for microbiological tests. Qvella's flagship technology, known as Field Activated Sample Treatment (FAST™), employs a unique electrical lysing and sample treatment method called e-lysis™. This approach allows for the rapid and direct detection of infectious agents from unenriched biological samples, such as whole blood, without the need for extensive sample processing. By delivering actionable results in clinically relevant time frames, Qvella's technology seeks to enhance patient outcomes and improve the overall practice of medicine.
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