# eLab Technology Fund

> eLab Technology Fund is a VC fund in Toronto backing News, Publishing and Advertising. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Toronto, Canada
- Total investments: 1
- Last investment: May 2001
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.elabventures.com

eLab Technology Fund is a leading Canadian early stage e-commerce venture fund. They excel at identifying and forming best of breed partnerships to globally launch innovative businesses, for maximum investment return.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| News | 1 | 100% |
| Publishing | 1 | 100% |
| Advertising | 1 | 100% |
| Broadcasting | 1 | 100% |
| Digital Media | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Megawheels | Megawheels is a global technology solutions company that offers media platforms to the newspaper industry. The company offers custom branded market places for newspapers, magazines, cable companies, and television and radio stations and hosts national affiliate programs under its own brands. It also provides software solutions for the marketplace.Megawheels was founded in 1995 and is based in Alberta, Canada. | $5M |  | May 22, 2001 |  |

1 of 1 investments shown.

## Co-investors
- [RBC Venture Partners](https://shizune.co/investors/profile/rbc-venture-partners) — VC Fund, 1 deal together
- [Vimac Ventures](https://shizune.co/investors/profile/vimac-ventures) — VC Fund, 1 deal together

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### Similar industry
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## Featured in investor lists
- [Publishing Investors in Canada](https://shizune.co/investors/publishing-investors-canada)
- [Digital Media Investors in Canada](https://shizune.co/investors/digital-media-investors-canada)
- [Publishing VC Funds in Canada](https://shizune.co/investors/publishing-vc-funds-canada)

## FAQ

### What does eLab Technology Fund invest in?

eLab Technology Fund invests primarily in News, Publishing and Advertising startups, most often at Funding Round stage. Most of the 1 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did eLab Technology Fund last invest?

The most recent investment recorded for eLab Technology Fund closed in May 2001. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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