Fundraising FoxBDC Industrial Innovation Venture Fund
Corporate VCMontréal · Seed–Growth · 11 people tracked
Find your way into BDC Industrial Innovation Venture Fund
Investment thesis
The fund targets legacy and strategic Canadian industries where enabling technologies and cutting-edge innovation can transform companies into global leaders. It makes early-stage equity investments from Series A and beyond in Canadian companies that have demonstrated market validation, focusing on sectors of Canadian economic advantage such as Manufacturing 4.0, agri-tech and food-tech, and extractive industries like mining and oil & gas. As a hands-on partner able to lead transactions, the fund leverages a Canada-wide network and cross-functional expertise to help ground-breaking companies achieve global ambitions.
Source: firm website, verified Sep 27, 2026.
Team · 11 people
from the firm's website
What they invest in
from 12 of 17 portfolio companiesAI & Machine Learning ×7Advanced Manufacturing ×3Data & Infrastructure ×3Enterprise Software ×3Hardware ×3AgTech ×2Deep Tech ×2Energy ×2
HQs:Canada×7
Who they back
founder profiles across 8 portfolio companiesFounding team size:solo founder×73 founders×1
Accelerator rootsportfolio companies that came through a program
Investments · 17 tracked
founders shown can be your intro pathBy year:2025 · 12022 · 12018 · 12017 · 14 dated
Canadian robotics company building autonomous, vision-guided robots that pick, trim and pack mushrooms on commercial farms.
Co-investorsBDC Fund Investments (Fund-of-Funds)BDC Venture CapitalEmmertechInBC Investment Corp.Stray Dog CapitalUCeed Funds+3 more
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 Fund Investments (Fund-of-Funds)BDC Venture CapitalFundersClubWUTIF CapitalGREP VCVantage Futures
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 Thrive Venture Fund for WomenBDC Venture CapitalCreative Destruction Lab (CDL)Garage CapitalL-SPARKM12 (Microsoft's Venture Fund)+6 more
Ambyint offers an AI-powered platform for optimizing oil and gas production, using physics-informed models and analytics to monitor wells, detect anomalies, and manage controller setpoints.
AI & Machine LearningEnergySaaSCalgary, CA
Co-investorsGE VenturesAccelerate FundFlyover CapitalFrontera Technology VenturesMercury FundSaints Capital+3 more
Vancouver-based developer of 4D Vision software that combines 3D vision and AI to guide industrial robots.
Co-investorsFlying Fish VenturesLobby CapitalWUTIF CapitalBDC Capital CorporationJ-Ventures
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 Fund Investments (Fund-of-Funds)BDC Growth Venture FundBDC Life Sciences Venture FundBDC Seed Venture FundBDC Sustainability Venture Fund+8 more
BinSentry makes machine-vision sensors that capture 3D images inside feed bins on farms and ingredient bins at mills, feeding real-time level and inventory data into web dashboards.
AgTechAI & Machine LearningIoTKitchener
Ben Allen(Executive Officer, Director)in
BoardJamie Weston(Director)Chuck Warta(Director)Dennis Organ(Director)Jonathan Goodkey(Director)inPaul Bell(Director)in
Co-investorsGarage CapitalLead Edge CapitalBDC Capital CorporationBDC Venture CapitalLewis & Clark AgriFood
Brizo Data (Brizo by Datassential, formerly Brizo FoodMetrics) provides big-data analytics and business intelligence for the food service industry.
AI & Machine LearningData & InfrastructureFoodTechSales TechQuebec City, CA
Ian Delisle(Chief Executive Officer (CEO))inGaétan Corneau(Chief Information Officer (CIO))inTrevor Shimizu(Chief Revenue Officer (CRO))inJean-Sébastien Vachon(Chief Technology Officer (CTO))in
Co-investorsBranded Strategic HospitalityFramework Venture PartnersBDC Venture Capital
SaaS platform to manage and collaborate on project documents from conception to archiving.
Toronto, CA
John Laslavic(Founder)in
Co-investorsBoreal Ventures
ChrysaLabs provides soil carbon measurement, reporting, and verification (MRV) using patented direct-contact proximal sensing technology deployed in field soil.
AgTechClimate TechDeep Tech
Samuel Fournier(Founder)in
Co-investorsCreative Destruction Lab (CDL)Ecofuel FundEmmertechBDC Venture Capital
Kepler operates a satellite constellation designed to relay data between spacecraft in low Earth orbit and beyond, functioning as internet exchange points for space-to-space communications.
Advanced ManufacturingCloud ComputingData & InfrastructureHardwareIoTSpace TechToronto, CA
Mina Mitry(Founder)in
Co-investorsBerkeley SkyDeck FundCanaan PartnersDns CapitalEvolution VC PartnersGarage CapitalGood News Ventures+8 more
Laserax designs and builds turnkey laser machines and standalone laser systems for industrial manufacturers, covering cleaning, welding, texturing, and marking applications.
Advanced ManufacturingDeep TechHardware
Co-investorsDesjardins Capital
Maxa is an agentic platform that uses AI agents to build and maintain production-grade dbt data pipelines for finance and operations teams, unifying enterprise systems like SAP, Oracle, Salesforce, and Workday into a single data model.
AI & Machine LearningData & InfrastructureEnterprise Software
Alexis C. Steinman(Founder)in
Co-investorsFramework Venture PartnersGraphite VenturesNAventuresYork IEAQC CapitalBDC Capital Corporation
MineSense builds sensor-based hardware and software for the mining industry, applying real-time ore-grade sensing and data analytics to mining and processing operations.
AI & Machine LearningCleantechHardwareVancouver, CA
Andrew Bamber(Executive Officer, Director)inJeff More(Executive Officer, Director)inFadi Kanafani(Executive Officer)inAlan Bradford(Executive Officer)inLisa Payne(Executive Officer)inJohn Slaven(Chief Executive Officer)in
Co-investorsChrysalixPrelude VenturesCycle CapitalEvok InnovationsExport Development Canada (EDC)J.P. Morgan Asset Management+1 more
Mississauga, Ontario-based brand of non-GMO, gluten-free, vegan plant-based products for retail and food service.
Dror Balshine(Founder)in
Co-investorsInvestEcoBDC Venture Capital
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Precision NanoSystems
Portfolio news
latest coverage across their companiesBinSentry · finance.yahoo.com · Aug 11, 2025
4AG Robotics · prnewswire.com · Jul 29, 2025
Frequently asked questions
- How many investments has BDC Industrial Innovation Venture Fund made?
- BDC Industrial Innovation Venture Fund has 17 tracked investments, including 1 dated in the last 24 months.
- What stage does BDC Industrial Innovation Venture Fund invest at?
- BDC Industrial Innovation Venture Fund invests at the Seed, Series A, Series B, Series C, Growth stages.
- What sectors does BDC Industrial Innovation Venture Fund focus on?
- BDC Industrial Innovation Venture Fund focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Cleantech, Deep Tech, Energy, Enterprise Software, FoodTech, Hardware, IoT, Robotics, SaaS.
- Where is BDC Industrial Innovation Venture Fund located?
- BDC Industrial Innovation Venture Fund is headquartered in Montréal, CA.
- Does BDC Industrial Innovation Venture Fund lead rounds?
- Yes, BDC Industrial Innovation Venture Fund leads investment rounds.
- Who does BDC Industrial Innovation Venture Fund co-invest with?
- BDC Industrial Innovation Venture Fund most often shares deals with BDC Fund Investments (Fund-of-Funds), BDC Venture Capital, Garage Capital, among 59 tracked co-investors.
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