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BDC Fund Investments (Fund-of-Funds)

Fund of funds

Montréal · Seed–Growth · 117 people tracked

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7,932 people in our graph share verified history with the BDC Fund Investments (Fund-of-Funds) team — schools, employers, funds. One of them is your warm intro.

Aydin Senkutunlockedknows Phil Anzarut · together at The Wharton School
×3knows the team · via PwC
knows the team · via CBC
×5knows the team · via The Wharton School
knows the team · via Kauffman Fellows
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Investment thesis

As Canada's most active limited partner, BDC Fund Investments commits capital to emerging and established fund managers with a dedicated Canadian strategy and presence. It aims to strengthen the national innovation ecosystem by supporting funds that invest in technology clusters aligned with Canada's competitive strengths and underserved, high-potential areas of the innovation economy. Beyond capital, it provides institutional guidance on fund formation, governance, and reporting to build best-in-class general partnerships with long-term franchise potential. Through its Thrive Platform, it prioritizes women-led or co-led general partners and managers committed to diversity, equity, and inclusion across their portfolios and the broader ecosystem.

Source: firm website, verified Sep 6, 2026.

Stage
Seed–Growth
HQ
Montréal, CA
Leads rounds
Leads
Instruments
Equity
AUM
$1B
Tracked investments
30

Team · 117 people

from the firm's website
Aditya Aggarwal· Managing Partner
Dion Madsen

Co-founder of Amplitude Ventures and a former partner at BDC.

Jean-François Pariseau

Co-founder of Amplitude Ventures and a former partner at BDC.

Joe Regan· Senior Managing Partner
Parimal Nathwani· Managing Partner
Peter Suma· Managing Partnerin
Shirley Speakman· Managing Partner
Dinar Ahmed· Partner
Duncan Stewart· Partner
Erin Sheets· Partner
Geneviève Bouthillier· Executive Vice President
Jack Fraser· Partner
Julien Letartre· Partner
Kimberly Yeung· Partner
Mark Smith· Partner and Team Lead
Matt Stanley· Partner
Nicolas Gravel· Partner
Patrick Latour· Senior Vice President
Paula Cruickshank· Senior Vice President
Roxanne Turcotte· Senior Vice President, Inclusive Investments
Thomas Green· Partner
Vivian Kan· Partner
Zoltan Tompa· Partner
Ben Ghirmai· Principal
Olga Cruz· Director
Olivier Côté· Principal
Sarah Pisonero· Director
Sévrine Labelle· Managing Director
Shannon Pestun· Managing Director
Snita Balsara· Principal
Sumita Banerjee· Director
Abhi Gupta· Analyst
Akhilesh Prabhu· Associate
Alex Mansueto· Senior Analyst
Alexander Lazier· Associate Principal
Alice Luo· Associate
Angus Fudge· Associate
Anna Ciprick· Senior Analyst
Charnjit Manhas· Senior Analyst
Elisha Krauss· Associate Principal
Emily Xu· Associate Principal
Enku Emishaw· Associate
Geoff Otto· Senior Analyst
Ines Saad· Associate Director
Joe Dagher· Senior Analyst
Joseph Bahous· Associate
Joseph Marsilo· Analyst
Lamisa Ataei· Senior Analystin
Marie Gravel· Associate Principalin
Mavis Han· Analyst
Philip Major· Associate
Phuong Bui· Associate
Salman Qadir· Associate Principal
Sandra Novotni· Program Manager
Teresa Yan· Analyst
Teslim Ogundiran· Associate
Truc Ann Pham· Analyst
Wided Chourou· Analyst

What they invest in

from 13 of 30 portfolio companies

Enterprise Software ×5Cleantech ×4Climate Tech ×4AI & Machine Learning ×3Cloud Computing ×3SaaS ×3Biotech ×2Energy ×2

HQs:Canada×7

Investments · 30 tracked

founders shown can be your intro path

By year:2021 · 12017 · 12 dated

3esi innovation Inc.3esi.com

Co-investorsBDC Venture Capital

4AG Robotics4ag.ai

Canadian robotics company building autonomous, vision-guided robots that pick, trim and pack mushrooms on commercial farms.

Co-investorsBDC Industrial Innovation Venture FundBDC Venture CapitalEmmertechInBC Investment Corp.Stray Dog CapitalUCeed Funds+3 more

A&K RoboticsJun 2017

Vancouver

Anson Kung(Executive Officer)Matthew Anderson(Executive Officer, Director)Jessica Yip(Executive Officer, Director)

Co-investorsBDC Industrial Innovation Venture FundBDC Venture CapitalFundersClub

Acerta
Acuva Technologiesacuvatech.comin

Acuva Technologies designs and manufactures UVC LED water disinfection systems for residential, recreational, commercial, and remote water treatment applications, using its IntenseBeam optical lensing technology for mercury-free purification.

CleantechClimate TechHardwareVancouver, CA

Co-investorsBDC Venture CapitalForesightInnovative Solutions Canada

AdStash
Advanced Molecular Imaging (AMI) Inc.

Co-investorsBDC Venture Capital

Agilicus Incorporatedagilicus.com

Agilicus provides cybersecurity solutions for operational technology and critical infrastructure, enabling secure remote access to systems like SCADA and industrial control systems through zero-trust principles and identity-based segmentation.

Cloud ComputingCybersecurityEnterprise SoftwareIoTSaaSKitchener, CA

Don Bowman(Founder and CEO)Nicolas St-Pierre(CTO)in

Co-investorsBDC Venture CapitalMistral Venture Partners

Agrisoma BioSciences Inc.agrisoma.com

Agrisoma develops engineered crop varieties, particularly oilseeds like carinata and canola, designed to increase yields and oil content for sustainable biofuel production.

AgTechCleantechClimate TechEnergy

Co-investorsBDC Venture CapitalCycle Capital

Alethia Biotherapeutics Inc.alethiabio.comin

Alethia Biotherapeutics is a clinical-stage biotechnology company developing cancer treatments that target tumor resistance by inhibiting the epithelial-mesenchymal transition (EMT) and remodeling the immunosuppressive tumor microenvironment.

BiotechHealthtech

Co-investorsBDC Venture Capital

Alongside
ALT-PRO Advantage

Develops proprietary pet food formulations using sustainable novel ingredients such as insects, fungi, and algae to replace animal proteins, aiming for hypoallergenic, nutrient-dense, and environmentally sustainable products.

Co-investorsBDC Thrive Lab for WomenBDC Venture CapitalSheBoot

alterBiotaalterbiota.com

alterBiota develops green materials and energy technologies, including bio-graphene concrete admixtures and low-carbon concrete solutions, along with related R&D and testing services.

Circular EconomyCleantechClimate TechNew MaterialsEdwardsville, CA

Mark Masotti(CEO and Co-Founder)in

Co-investorsBDC Climate Tech Fund IIBDC Venture CapitalBDC Capital CorporationInvest Nova Scotia

AlumaPoweralumapower.comin𝕏Dec 2021

AlumaPower develops firm, dispatchable power technology aimed at addressing shortfalls in reliable 24/7 electricity for demand from AI data centers, re-industrialization, and electrification.

CleantechClimate TechEnergyHardwareSarnia, CA

Geoffrey Richard Steven Godwin(Director)Rob Alexander(Co-Founder & CEO)inHenk VandenEnde(Co-Founder & EVP, Business Development)inGeoff Sheerin(Inventor, Co-Founder & CTO)Richard Godwin(Co-Founder & Board Member)inPaul Simpson(Co-Founder & Board Member)in

Co-investorsBDC Venture CapitalCreative Destruction Lab (CDL)Starbridge Venture Capital LlcBioindustrial Innovation Canada

Amplitude Ventures

Canadian healthcare VC firm investing across all segments of precision medicine, including therapeutics, medical technologies, and AI-enabled precision medicine, healthcare IT and services.

Co-investorsInBC Investment Corp.

Amplitudevcamplitudevc.comin

Amplitude VC creates, builds, and grows companies specializing in precision medicine to transform patient outcomes.

BiotechDigital HealthMedical DevicesMontreal, CA

Analyze Re
AppZero Corpappzero.comin𝕏

AppZero provides application migration technology and services for moving and modernizing legacy applications, including migrations to the cloud and across operating systems.

Cloud ComputingDeveloper ToolsEnterprise Software

Co-investorsBDC Venture Capital

Aquatic Informatics
Arctern Venturesarcternventures.com

Tom Rand(Founder)in

Co-investorsRBCx

Auvik Networksauvik.comin𝕏

Auvik is a cloud-based AI-powered IT operations platform that helps managed service providers and IT departments monitor and manage networks, SaaS applications, and endpoints.

AI & Machine LearningCloud ComputingEnterprise SoftwareIoTWaterloo, CA

Alex HoffinMarc MorininDavid YachinDouglas Murray(Chief Executive Officer)in

Co-investorsBDC Venture CapitalCeltic House Asia PartnersCeltic House Venture PartnersGolub GrowthOpenView Venture PartnersRho Capital Partners+2 more

Avrio Ventures

Canadian private venture capital firm investing at the commercialization and growth stage in industrial bioproducts, nutraceutical ingredients, and food technology; BDC is invested in Avrio Ventures I and Avrio Ventures III.

Avriocapitalavriocapital.com

The site ranks and reviews online casinos that operate outside the UK's Gamstop self-exclusion scheme, comparing them by bonus value, licence quality, and withdrawal speed for UK players.

Media & Entertainment

Axonifyaxonify.comin𝕏

Axonify offers an AI-powered frontline enablement platform that combines microlearning, task execution, and analytics to train and coordinate frontline workers.

AI & Machine LearningEdTechSaaS

Co-investorsBDC Venture CapitalBridgescale PartnersHarmony PartnersJMI EquityWaterloo Accelerator Centre

BDC Capitalbdc.ca𝕏

BDC is a Canadian financial institution that provides financing and business advisory services to small and medium-sized enterprises across all sectors.

Enterprise SoftwareFintechCanada, CA

Co-investorsBDC Climate Tech Fund IIBDC Growth Venture FundBDC Industrial Innovation Venture FundBDC Life Sciences Venture FundBDC Seed Venture FundBDC Sustainability Venture Fund+8 more

Beanworksbeanworks.comin𝕏

Quadient provides software and hardware solutions for business communications, financial automation, and mail and parcel delivery operations.

AI & Machine LearningEnterprise SoftwareFintechSaaS

Geoffrey Godet(Chief Executive Officer and Board member)in

Co-investorsBpifranceBDC Venture CapitalPallasite Ventures

BelAir Networks

Co-investorsBDC Venture Capital

Bioniche Life Sciences Inc.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has BDC Fund Investments (Fund-of-Funds) made?
BDC Fund Investments (Fund-of-Funds) has 30 tracked investments.
What stage does BDC Fund Investments (Fund-of-Funds) invest at?
BDC Fund Investments (Fund-of-Funds) invests at the Seed, Series A, Series B, Series C, Growth stages.
What sectors does BDC Fund Investments (Fund-of-Funds) focus on?
BDC Fund Investments (Fund-of-Funds) focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Cloud Computing, Consumer, Cybersecurity, Deep Tech, Defense Tech, Digital Health, Energy, Enterprise Software, FoodTech, Hardware, Healthtech, Impact & Social Good, IoT, Logistics & Supply Chain, Media & Entertainment, Medical Devices, New Materials, PropTech, Quantum Computing, Robotics, Sector Agnostic, Space Tech.
Where is BDC Fund Investments (Fund-of-Funds) located?
BDC Fund Investments (Fund-of-Funds) is headquartered in Montréal, CA.
Does BDC Fund Investments (Fund-of-Funds) lead rounds?
Yes, BDC Fund Investments (Fund-of-Funds) leads investment rounds.
Who does BDC Fund Investments (Fund-of-Funds) co-invest with?
BDC Fund Investments (Fund-of-Funds) most often shares deals with BDC Venture Capital, BDC Industrial Innovation Venture Fund, BDC Climate Tech Fund II, among 43 tracked co-investors.

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