BDC Fund Investments (Fund-of-Funds)
Fund of fundsMontréal · Seed–Growth · 117 people tracked
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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.
Team · 117 people
from the firm's websiteWhat they invest in
from 13 of 30 portfolio companiesEnterprise 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 pathBy year:2021 · 12017 · 12 dated
Co-investorsBDC Venture Capital
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
Vancouver
Anson Kung(Executive Officer)Matthew Anderson(Executive Officer, Director)Jessica Yip(Executive Officer, Director)
Co-investorsBDC Industrial Innovation Venture FundBDC Venture CapitalFundersClub
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
Co-investorsBDC Venture Capital
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 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
Co-investorsBDC Venture CapitalCreative Destruction Lab (CDL)
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
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
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
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
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.
Amplitude VC creates, builds, and grows companies specializing in precision medicine to transform patient outcomes.
BiotechDigital HealthMedical DevicesMontreal, CA
Co-investorsAmplify PartnersBDC Venture CapitalRubicon Technology Partners
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
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
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.
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
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 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
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
Co-investorsBDC Venture Capital
Portfolio news
latest coverage across their companies
BDC Capital · betakit.com · Aug 20, 2026
4AG Robotics · therobotreport.com · Jul 30, 2025
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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