Investment Management Corporation of Ontario

Investment Management Corporation of Ontario, founded in 2016 and headquartered in Toronto, Canada, serves as an asset manager for public-sector clients, including broader public-sector pension plans and other non-pension investment funds. The organization was established following an independent review conducted by the Ontario government, which explored the benefits of pooled asset management and its potential implementation. The corporation's diversified investment portfolio includes allocations across various asset classes, such as public equities, fixed income, real estate, public market alternatives, infrastructure, global credit, and private equity, reflecting a comprehensive approach to managing investments effectively.

Rossitsa Stoyanova

Chief Investment Officer

Matthew Mendes

Managing Director and Head of Infrastructure

Fred Robert

Managing Director, Digital Infrastructure

8 past transactions

Scala Data Centers

Private Equity Round in 2024
Scala Data Centers operates a hyper-scalable platform that provides sustainable colocation services designed to meet the demands of cloud computing. The company emphasizes energy efficiency and high availability, catering to a variety of workloads, including artificial intelligence and machine learning. By leveraging its expertise in colocation and connectivity, Scala Data Centers enables cloud service providers and large enterprises to scale their operations with agility and flexibility. The company's innovative strategies and partnerships facilitate rapid market entry and promote sustainable growth for its clients.

euNetworks

Private Equity Round in 2024
euNetworks is a European provider of broadband infrastructure services, focusing on scalable, fiber-based solutions for various industries, including wholesale, content, media, mobile, and finance. The company operates extensive metropolitan networks linked by a high-capacity intercity backbone, enabling it to offer a range of services such as dark fiber, metro wavelength, Ethernet, and colocation. By delivering these services, euNetworks supports the growing bandwidth demands and performance needs of its diverse customer base, positioning itself at the forefront of technological transformation in the telecommunications sector.

CoreWeave

Secondary Market in 2023
CoreWeave is a company that specializes in developing a cloud infrastructure platform aimed at providing powerful computing resources for artificial intelligence/machine learning (AI/ML) projects and other initiatives. Their platform features a specialized GPU cloud system designed to accelerate workflows by matching the complexity of models, allowing clients to scale efficiently and adapt to rapidly changing compute requirements. This enables clients to design and innovate with various types of compute resources tailored to their specific needs.

Northvolt

Convertible Note in 2023
Northvolt AB, founded in 2016 and headquartered in Stockholm, Sweden, specializes in the manufacturing of sustainable lithium-ion batteries primarily for the renewable energy and transportation sectors. The company designs and produces a range of battery solutions, including cells, custom cells, and complete battery systems, tailored to meet specific requirements in terms of chemistry and form factor. Northvolt's commitment to sustainability is evident in its eco-friendly manufacturing processes, which ensure a minimal carbon footprint and incorporate advanced recycling technologies. By focusing on the development of high-quality, sustainable battery cells and systems, Northvolt aims to support the electrification of various markets, including automotive, grid storage, industrial applications, and micromobility, facilitating the transition away from fossil fuels towards cleaner energy sources.

Northvolt

Private Equity Round in 2023
Northvolt AB, founded in 2016 and headquartered in Stockholm, Sweden, specializes in the manufacturing of sustainable lithium-ion batteries primarily for the renewable energy and transportation sectors. The company designs and produces a range of battery solutions, including cells, custom cells, and complete battery systems, tailored to meet specific requirements in terms of chemistry and form factor. Northvolt's commitment to sustainability is evident in its eco-friendly manufacturing processes, which ensure a minimal carbon footprint and incorporate advanced recycling technologies. By focusing on the development of high-quality, sustainable battery cells and systems, Northvolt aims to support the electrification of various markets, including automotive, grid storage, industrial applications, and micromobility, facilitating the transition away from fossil fuels towards cleaner energy sources.

Pulse Clean Energy

Acquisition in 2021
Pulse Clean Energy is a company focused on building and operating power stations that deliver electricity to the UK’s energy network during peak demand periods. The company specializes in energy storage and optimization services, which are essential for balancing and stabilizing renewable energy technologies. By facilitating a carbon-free energy network, Pulse Clean Energy aims to provide consumers with sustainable energy solutions that contribute to a greener future.

euNetworks

Venture Round in 2020
euNetworks is a European provider of broadband infrastructure services, focusing on scalable, fiber-based solutions for various industries, including wholesale, content, media, mobile, and finance. The company operates extensive metropolitan networks linked by a high-capacity intercity backbone, enabling it to offer a range of services such as dark fiber, metro wavelength, Ethernet, and colocation. By delivering these services, euNetworks supports the growing bandwidth demands and performance needs of its diverse customer base, positioning itself at the forefront of technological transformation in the telecommunications sector.

Vettery

Series D in 2018
Vettery is transforming the hiring process by connecting highly qualified candidates with over 4,000 leading companies through an automated, data-driven marketplace. By facilitating direct connections between candidates and hiring managers, Vettery provides an efficient method for employers to scale their teams with quality hires. The company employs machine learning models to analyze real-time data, monitor industry trends, and predict hiring behaviors, ensuring that candidates are placed with increased accuracy, speed, and compatibility. This innovative approach aims to enhance the overall experience for both job seekers and employers in the recruitment landscape.
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