/Investor DB

BDC Fund Investments (Fund-of-Funds)

Government fund

Montréal · Seed–Growth · 127 people tracked

Find your way into BDC Fund Investments (Fund-of-Funds)

Each arrow is one introduction. Sign up to fill in the first one.

1,725 people can intro you to Nader

Ask Geoffrey Nguyen to introduce you to Nader Bekhouche

Yousign up to see who you knowGeoffreytogether at Crédit du NordNader
768 people can intro you to Phil

Ask Dana Petrov to introduce you to Phil Anzarut

Yousign up to see who you knowDanatogether at PowersidePhil
253 people can intro you to Steven

Ask Alex Morgan to introduce you to Steven Abrams

Yousign up to see who you knowAlextogether at BDC Venture CapitalSteven

Sign up to find every way you can get introduced to BDC Fund Investments (Fund-of-Funds)

  • Your email: who you already know at BDC Fund Investments (Fund-of-Funds), and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the BDC Fund Investments (Fund-of-Funds) team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

As Canada's most active limited partner, BDC Fund Investments commits capital to emerging and established venture and growth fund managers with a dedicated Canadian strategy and presence. It aims to strengthen Canada's innovation ecosystem by supporting funds that invest in technology clusters reflecting the country's competitive strengths and underserved high-potential areas. Beyond capital, it provides institutional guidance on fund formation, governance, and reporting to help build best-in-class general partnerships. Through its Thrive Platform for Women, it also backs women-led or co-led general partners and managers committed to diversity, equity and inclusion, working with global standard-setting organizations to foster a responsible, sustainable venture and growth capital asset class.

Source: firm website, verified Sep 27, 2026.

Stage
Seed–Growth
HQ
Montréal, CA
Leads rounds
Leads
Instruments
Equity
AUM
$1B
Tracked investments
40
Acquisitions
1

Team · 127 people

from the firm's website
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.

Aditya Aggarwal· Managing Partner
Cheryl Cheung· Partnerin
Dinar Ahmed· Partner
Duncan Stewart· Partner
Erin Sheets· Partner
Geneviève Bouthillier· Executive Vice President
Jack Fraser· Partner
Joe Regan· Senior Managing Partner
Julien Letartre· Partner
Kimberly Yeung· Partner
Mark Smith· Partner and Team Lead
Matt Stanley· Partner
Nader Bekhouche· Managing Partnerin
Nicolas Gravel· Partner
Parimal Nathwani· Managing Partner
Patrick Latour· Senior Vice President
Paula Cruickshank· Senior Vice President
Peter Suma· Managing Partnerin
Roxanne Turcotte· Senior Vice President, Inclusive Investments
Sophie Bergeron· Partner
Thomas Green· Partner
Vivian Kan· Partner
Zoltan Tompa· Partner
Ben Ghirmai· Principal
Kristina D’Amico· Director, funds
Olga Cruz· Director
Olivier Côté· Principal
Sarah Pisonero· Director
Sévrine Labelle· Managing Director
Shannon Pestun· Managing Director
Snita Balsara· Principal
Sumita Banerjee· Director
Aanisha Belur· Associatein
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
Matthew Kim· Analyst
Mavis Han· Analyst
Noemie Richard· Analyst
Philip Major· Associate
Phuong Bui· Associate
Richard Waxman· Associate Principal
Salman Qadir· Associate Principal
Sandra Novotni· Program Manager
Shadia Marun· Associate Director
Teresa Yan· Analyst
Teslim Ogundiran· Associate
Truc Anh Pham· Analyst
Wided Chourou· Analyst

What they invest in

from 25 of 40 portfolio companies

Enterprise Software ×8AI & Machine Learning ×7SaaS ×7Cleantech ×6Climate Tech ×5Fintech ×4Biotech ×3Cloud Computing ×3

HQs:Canada×11United States×1

Who they back

founder profiles across 10 portfolio companies
70%
solo founders
7 of 10 mapped founding teams
50%
repeat founders
of 12 founders with career history

Founding team size:solo founder×73 founders×24+ founders×1

Where their founders studiedfrom 14 founders with education data

University of Waterloo ×4Wilfrid Laurier University ×3Massachusetts Institute of Technology ×2Queen's University ×2University of British Columbia ×2

What their founders studiedfrom 12 founders with field-of-study data

Business & Management ×6Engineering ×6Computer Science ×4Economics ×2Humanities ×2

Investments · 40 tracked

founders shown can be your intro path

By year:2021 · 12017 · 12 dated

4AG Robotics4ag.aiin

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 Robotics Incaandkrobotics.comJun 2017

A&K Robotics builds Cruz, an all-electric, AI-enabled autonomous micro-mobility pod for shared use in large venues such as airports and museums to move people and goods.

AI & Machine LearningMobility & TransportationRoboticsVancouver

Anson Kung(Executive Officer)Jessica Yip(Executive Officer, Director)inMatthew Anderson(Founder)in

Co-investorsBDC Industrial Innovation Venture FundBDC Venture CapitalFundersClubWUTIF CapitalGREP VCVantage Futures

Acertaacerta.aiin𝕏

Acerta provides an industrial AI analytics platform for discrete manufacturers to identify and resolve production defects early, reducing scrap, rework, and downtime.

Advanced ManufacturingAI & Machine LearningEnergyEnterprise SoftwareKitchener, CA

Greta Cutulenco(Founder)in

Co-investorsBDC Industrial Innovation Venture FundBDC Thrive Venture Fund for WomenBDC Venture CapitalCreative Destruction Lab (CDL)Garage CapitalL-SPARK+7 more

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 CanadaBDC Capital Corporation

AdStashadstash.comin

AdStash provides a platform and device that enables businesses to monetize digital screens through targeted advertising, serving venues ranging from small retail stores to large facilities with multiple displays.

AdTechSaaSToronto, CA

Co-investorsalphabet angelsBDC Venture CapitalCapital InnovatorsExtreme Venture PartnersExtreme Venture Partners LLPStout Street Capital+1 more

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 CapitalRBC 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 CapitalBDC Capital CorporationGO Capital

alterBiotaalterbiota.comin

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 CapitalVenbridgeBDC Capital CorporationInvest Nova Scotia

Aluma Poweralumapower.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)E8 AngelsStarbridge Venture Capital LlcBioindustrial Innovation Canada

Amplitudevcamplitudevc.comin

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

BiotechDigital HealthMedical DevicesMontreal, CA

Anaconda Systemsanacondasystems.ca

Anaconda Systems designs and builds in-vessel composting facilities that convert urban organic waste into fertilizer soil amendment in under 10 days without mechanical agitation.

Circular EconomyCleantechClimate TechVancouver, CA

Co-investorsBDC Venture CapitalForesight

Analyze Reanalyzere.com

Verisk provides data analytics, scientific research, and technology solutions for the insurance industry, covering property and casualty, life and annuities, reinsurance, and specialty markets.

Data & InfrastructureInsurTechSaaS

Co-investorsBDC Venture CapitalRho Ventures

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 Informaticsaquaticinformatics.comin𝕏acquired by Danaher

Aquatic Informatics offers a donation program called Ripple Effect that provides grants to non-profit organizations conducting work in water-related and environmental areas, with preference for those sharing data publicly.

CleantechData & InfrastructureEnterprise SoftwareImpact & Social GoodSaaS

Co-investorsBDC Growth Venture FundBDC Venture CapitalRenewal FundsWUTIF CapitalXPV Water Partners

Arctern Venturesarcternventures.com

Venture capital climate-tech focused fund.

Tom Rand(Founder)in

Co-investorsBDC Thrive ETA FundIreland Strategic Investment FundRBCx

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 Hoff(Co-founder & Board Advisor)inMarc Morin(Co-founder)inDavid Yach(Co-founder)inDouglas Murray(Chief Executive Officer)in

Co-investorsBDC Venture CapitalCeltic House Asia PartnersCeltic House Venture PartnersGolub GrowthOpenView Venture PartnersRho Capital Partners+3 more

Avriocapitalavriocapital.comin

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 PartnersCheyenne VenturesHarmony PartnersJMI EquityRBCx+2 more

BDC Capitalbdc.cain𝕏

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.com𝕏

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 VenturesFINTOP CapitalTIMIA Capital

Boreal Venturesboreal.vc

Boreal.vc is a venture capital firm that invests in early-stage companies, with a stated focus on SaaS, fintech, digital health, industrial innovation, logistics, and construction technology.

Digital HealthFintechSaaS

BrandProjectbrandproject.com

This is a venture capital or investment firm's team page, not a company portfolio site.

Consumer

Andrew Black(Founder)in

Co-investorsBDC Thrive ETA FundKensington Capital Partners Limited

Builders VC ↗︎builders.vcin𝕏

Builders VC is a venture capital firm run by operators and investors that backs founders solving complex, mission-critical problems in sectors dominated by legacy systems.

AgTechAI & Machine LearningB2B Marketplaces

Jim Kim(Founder)in

Co-investorsAtas VCBDC Thrive ETA FundStartup TNT

CAI Capital Partnerscaifunds.com

CAI is a private equity firm focused on making control investments in founder-led lower middle market companies across Canada and the US.

FintechVancouver, CA

Peter Restler(Founding Partner)

Co-investorsBDC Thrive ETA Fund

Celtic Houseceltic.vc

Celtic is an early growth equity investor that backs technology startups applying cloud-based AI technologies to business needs, working with founding teams that have reached product-market fit.

AI & Machine LearningEnterprise Software

Larry Liu(Founder (GCI Capital); launched Celtic House Asia Partners)in

Co-investorsBDC Thrive ETA Fund

CTI Life Sciencesctisciences.com

CTI is a venture investment firm and company builder that creates and scales biotech companies from early-stage ideas and assets, taking a therapeutic- and modality-agnostic approach.

Biotech

Co-investorsBDC Thrive ETA Fund

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

3esi innovation Inc.Advanced Molecular Imaging (AMI) Inc.Aifred HealthAlongsideALT-PRO AdvantageAmplitude VenturesAppNeta Inc.Avrio VenturesBelAir NetworksBioniche Life Sciences Inc.Black Innovation CapitalBuild Ventures IIChrysalix Energy

Exits · 1

1 acquisitions

Aquatic Informaticsacq. by Danaher

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 40 tracked investments, 1 of which have exited.
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, Mobility & Transportation, 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 Thrive ETA Fund, BDC Industrial Innovation Venture Fund, among 57 tracked co-investors.

Images

BDC Fund Investments (Fund-of-Funds) photo

Similar investors

Featured in lists