OMERS Ventures led the round, which included participation from StandUp Ventures, Radical Ventures, Techstars, Export Development Canada and Microsoft’s venture fund. (The Logic)
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OMERS Ventures led the round, which included participation from StandUp Ventures, Radical Ventures, Techstars, Export Development Canada and Microsoft’s venture fund. (The Logic)
Talking point: Acerta is a three-year-old firm that provides technology for quality control during vehicle development. The firm is hoping to build a “strong presence” in Japan and Europe, both regions with strong auto-manufacturing sectors. The firm has about 50 employees currently and is looking to expand to 70 in the next few years. OMERS is a returning investor in Acerta. The pension stepped in to lead the round after other investors paused activities during the pandemic. In April, The Logic reported OMERS was launching a US$750-million venture fund with a mandate to invest in firms in Canada, the U.S. and Europe.
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