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BDC Industrial Innovation Venture Fund

Corporate VC

Montréal · Seed–Growth

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Investment thesis

The fund targets legacy and strategic industries where innovation and enabling technologies can transform Canadian companies into global leaders. It makes early-stage equity investments starting at Series A into 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, oil and gas. Backed by a Canada-wide network and cross-functional expertise, the fund acts as a hands-on partner able to lead transactions and support portfolio companies as they pursue global ambitions with patient capital.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
Montréal, CA
Leads rounds
Leads
Instruments
Equity
AUM
$328M
Tracked investments
4

What they invest in

from 2 of 4 portfolio companies

Advanced Manufacturing ×1AI & Machine Learning ×1Enterprise Software ×1Fintech ×1

HQs:Canada×1

Investments · 4 tracked

founders shown can be your intro path
A&K RoboticsJun 2017

Vancouver

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

Co-investorsBDC Fund Investments (Fund-of-Funds)FundersClub

Acertaacerta.ai

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 LearningEnterprise Software

Greta Cutulenco(Founder)in

Co-investorsBDC Thrive Venture Fund for WomenCreative Destruction Lab (CDL)Garage CapitalM12 (Microsoft's Venture Fund)Stand Up VenturesOMERS Ventures

BDC Capitalbdc.ca

Business Development Bank of Canada (BDC) provides financing, advisory services, and educational resources to Canadian entrepreneurs and small and medium-sized businesses.

Fintech

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

Portfolio news

latest coverage across their companies

Frequently asked questions

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, Deep Tech, Energy, FoodTech, 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 Thrive Venture Fund for Women, FundersClub, among 25 tracked co-investors.

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