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.

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 Fund II
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.

Clek

Funds: Covington Fund II, Covington Venture Fund
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.

Fidelity Stainless

Funds: Covington Fund II, Covington Venture Fund
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.

Greenfield Ethanol Inc.

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 Fund II
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.

MMIST Inc.

Funds: Covington Fund II, 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.

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.

PowerBand Canada Inc.

Funds: Covington Fund II, 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.

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.