All Investments

Active Exhaust Corporation

Funds: Covington Fund II
Sector: Traditional Industries
Location: Toronto, Ontario

Active Exhaust Corp. (formerly ACS Limited) is a leader in the design and manufacturing of exhaust systems for spark ignited and diesel engines ranging from 5 hp to 700 hp.  Active Exhaust Corp. is a privately owned company with approximately 200 employees in their Canadian R&D, engineering and manufacturing center.

Our primary markets currently include outdoor power equipment, recreational vehicles, agricultural equipment as well as stationary engine powered generators, pumps, and compressors. As a leader in spark ignited engine exhaust management, Active now brings its years of R&D and innovative exhaust application solutions to solving the exhaust management needs of today’s complex larger diesel engines.

AppZero Software Corporation

Funds: Covington Fund II
Sector: Technology
Location: Ottawa, Ontario

AppZero is a provider of software that gives clients with a fast, flexible way to move server applications to and across any clouds or datacenter servers, without re-engineering, re-installation, or lock-in. 

Axela Inc.

Funds: Covington Fund II
Sector: Life Sciences
Location: Toronto, Ontario

Axela is a provider of next generation, commercial stage, multiplex tools that provide enhanced analysis of proteins, DNA and RNA. Their suite of products are specifically targeted at biomarker testing and infectious disease research and designed to facilitate the transition to personalized medicine.

bitHeads Inc.

Funds: Covington Venture Fund
Sector: Technology
Location: Ontario

bitHeads Inc. is a developer of strategic mobile and enterprise applications designed to generate revenue, reduce costs, and improve customer loyalty and satisfaction.  Their suite of mobile applications allows multiple operating systems to run on multiple platforms.

BTE Technologies

Funds: Covington Venture Fund
Sector: Technology
Location: Hanover, MD

BTI Systems Inc.

Funds: Covington Fund II
Sector: Technology
Location: Ottawa, Ontario

BTI is a provider of high-capacity, application aware services infrastructure solutions for metropolitan networks. BTI enables service and content providers to scale capacity and profitably to deliver a mix of applications, services and content to subscribers and businesses around the globe.

Clek

Funds: Covington Fund II
Sector: Traditional Industries
Location: Toronto, Ontario

Clek provides modern safety products for today’s families on the go. Utilizing contemporary styling cues and advanced engineering techniques, Clek products excel in both “form” and “function.” With simple innovative solutions, Clek products are designed to make life easier without sacrificing style or safety.

CounterPath Corporation

Funds: Covington Venture Fund
Sector: Technology
Location: Ottawa, Ontario

CounterPath is a leading provider of innovative desktop and mobile VoIP software products and solutions.  The Company's product suite includes SIP-based softphones, server applications and Fixed Mobile Convergence (FMC) solutions that enable service providers, enterprises and Original Equipment Manufacturers (OEM) to cost-effectively integrate voice, video, presence and Instant Messaging (IM) applications into their VoIP offerings and extend functionality across both fixed and mobile networks.

Embotics

Funds: Covington Fund II
Sector: Technology
Location: Ottawa, Ontario

Embotics is the established leader in Virtual Machine (VM) lifecycle automation and control. Headquarted in Ottawa, Canada with operations in Canada and the USA, Embotics focuses on providing the governance and control necessary to prevent virtual server sprawl.

Espial Group Inc.

Sector: Technology
Location: Ottawa, Ontario

Founded in 1997, Espial Group Inc. is a leading provider of on-demand TV software and software services including programming and technical support to telco, cable and hospitality operators as well as to consumer electronics manufacturers.

Fidelity Stainless

Funds: Covington Fund II
Sector: Traditional Industries
Location: Mississauga, Ontario

Fidelity Stainless Ltd is Canada’s leading master distributor of stainless steel products since the early 1990's. Their distributor-only policy, combined with high quality products and service, help position Fidelity as a highly trusted and reliable source for distributors.

Fusebill

Funds: Covington Fund II
Sector: Technology
Location: Kanata, Ontario

Fusebill is a Software-as-a-Service subscription management & billing solutions provider to small, medium and large subscription based businesses.

Great Lakes Fish Company

Sector: Traditional Industries
Location: Wheatley, Ontario

Great Lakes Fish Corporation (“Oldco”) is located in Wheatley, Ontario close to key export markets in the U.S. Great Lakes is one of the largest fresh water fish processors in North America.

Greenfield Ethanol Inc.

Funds: Covington Fund II
Sector: Traditional Industries
Location: Chatham, Ontario

GreenField has been producing industrial and beverage alcohol, fuel ethanol and distillers’ grains for 20 years. The company’s Cellulosic Ethanol division is developing two processes for making next generation biofuel from agricultural, forestry and municipal waste.

Interface Biologics Inc.

Funds: Covington Venture Fund
Sector: Life Sciences
Location: Toronto, Ontario

Interface Biologics (IBI) develops novel biomedical polymer technologies that enhance the safety and effectiveness of implantable medical devices (a $US 90 billion annual market) by reducing thrombosis, inhibiting infection and providing programmable delivery of pharmaceuticals and biologics.  Interface Biologics’ technologies are compatible with a wide range of medical materials, pharmaceuticals and biologics, allowing for widespread adoption across many specialties including cardiology, urology, radiology, oncology and orthopedics. By changing only the surface of the product, the application of IBI polymers does not disrupt the structural integrity of the underlying device.

Interface Biologics has demonstrated capability to apply its patented biomedical polymer technology towards the generation of high value added combination devices both of our own design and of our medical device manufacturer partners.

Masstech Group

Funds: Covington Venture Fund
Sector: Technology
Location: Richmond Hill, Ontario

Masstech Group Inc. is a developer of software and hardware that enable the management, conversion, distribution, and sharing of digital content within the broadcast industry. Masstech’s innovative products such as their flagship product MassStoreä, allow broadcasters to dramatically reduce costs while fitting seamlessly into their client’s existing systems. Founded in 2001, Masstech is headquartered in Toronto, Canada, with additional offices in the United States and Asia.

MMIST Inc.

Funds: Covington Venture Fund
Sector: Technology
Location: Ottawa, Ontario

Mist Mobility Integrated Systems Technology Inc. (MMIST) is a world leader in the development, production and support of precision aerial delivery systems. MMIST systems enable the safe and accurate delivery of critical supplies and aerial services in support of search and rescue, humanitarian relief, and military operations in hostile environments. MMIST’s clients include contracts with the Canadian, United States, and French governments.

Nakina Systems Inc.

Funds: Covington Fund II
Sector: Technology
Location: Ottawa, Ontario

Nakina Systems provides Network Integrity Management solutions to the telecommunications industry worldwide. Their solutions enable service providers to introduce new services and grow networks more rapidly and with fewer outages by automating the discovery of network equipment, reconciling with inventory systems, auditing software in the network, and centralizing management of network security.

NeurAxon

Funds: Covington Fund II
Sector: Life Sciences
Location: Mississauga, Ontario

NeurAxon is a leader in discovering and developing next generation pain therapeutics modulating pain and central nervous system neuronal sensitization. 

PowerBand Canada Inc.

Funds: Covington Venture Fund
Sector: Technology
Location: Burlington, Ontario

PowerBand Canada is an automobile finance portal for the Canadian market related to on-demand credit application processing for the retail automotive sector.

Resolver Inc.

Funds: Covington Venture Fund
Sector: Technology
Location: Toronto, Ontario

Resolver is the global leader in Governance, Risk and Compliance (GRC) software, with more than 300 clients in 40 countries. For over a decade, Resolver’s proven integrated solution has enabled organizations to gain significant efficiencies, and address their business, audit, risk and compliance issues more effectively.  The GRC Cloud application suite is among the broadest and most comprehensive platforms in the industry, spanning Finance & Internal Control (SOX, 52-109, A-123), Legislative Compliance, Internal Audit, Risk Management, Group Assessment & Identifications Workshop Tools, Incident Management and more. It is an exceptionally flexible system, with a highly configurable central repository and reporting engine, allowing you to easily adapt to the ongoing changes to regulatory and business requirements.  Tying it all together, the powerful and easily configurable Workflow engine can provide substantial benefits and efficiencies by automating and streamlining your organization’s manual processes.

Roll-Tite Corporation

Funds: Covington Fund II
Sector: Technology
Location: Brantford, Ontario

Roll-tite is a leader in retractable tarpaulin systems. The Company supplies transportation companies and owner/operators throughout North America with advanced retractable tarpaulin systems.

Starburst Holdings Limited

Sector: Traditional Industries
Location: Toronto, Ontario

Starburst is Canada’s leading distributor and operator of coin-operated amusement equipment.

WireIE Holdings International Inc.

Funds: Covington Fund II, Covington Venture Fund
Sector: Technology
Location: Richmond Hill, Ontario

WireIE is an international wireless professional services company, specializing in the cradle-to-grave development of wireless networks. A provider of next generation transformation services to existing legacy networks; WireIE has the unique ability to bring wireless service to systems and remote locations previously inaccessible.