BDC Industrial Innovation Venture Fund — Full Portfolio

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-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+7 more

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 LearningData & InfrastructureEnergyEnterprise SoftwareKitchener, CA

GCGreta Cutulenco(Founder)in

Co-investorsBDBDC Fund Investments (Fund-of-Funds)BDBDC Thrive Lab for WomenBDBDC Thrive Venture Fund for WomenBDBDC Venture CapitalCRCreative Destruction Lab (CDL)GAGarage Capital+8 more

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-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+5 more

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-investorsALalphabet angelsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture Fund+9 more

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

DBDon Bowman(Founder and CEO)NSNicolas St-Pierre(CTO)in

Co-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+3 more

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-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+4 more

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-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+4 more

A Canadian pet food brand that makes hypoallergenic dog food and treats using a novel insect protein (black soldier fly larvae) for dogs with food sensitivities.

ConsumerDirect to ConsumerE-commerce

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

MMMark Masotti(CEO and Co-Founder)in

Co-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+5 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-investorsGEGE VenturesACAccelerate FundFLFlyover CapitalFRFrontera Technology VenturesMEMercury FundSASaints Capital+5 more

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

Russell Zishiri(Founder)

Co-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+3 more

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-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+3 more

Vancouver-based developer of 4D Vision software that combines 3D vision and AI to guide industrial robots.

Co-investorsEMEmerging VenturesFLFlying Fish VenturesGAGaingelsLOLobby CapitalWUWUTIF CapitalBDBDC Capital Corporation+1 more

AppNeta, a Broadcom product, provides SaaS-based application and network performance monitoring with full-stack network observability, combining active synthetic testing and continuous path analysis across cloud, hybrid, and multi-cloud environments.

Cloud ComputingEnterprise SoftwareSaaS

Co-investorsAMAmplify PartnersBABain Capital VenturesBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture Fund+5 more

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-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+2 more

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-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+5 more

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

AHAlex Hoff(Co-founder & Board Advisor)inMMMarc Morin(Co-founder)inDYDavid Yach(Co-founder)inDMDouglas Murray(Chief Executive Officer)in

Co-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Seed Venture FundBDBDC Sustainability Venture FundBDBDC Thrive Lab for Women+9 more

Félix Bélisle Dockrill(Founder)in

Co-investorsBABastien Family OfficeCRCreative Destruction Lab (CDL)ECEcofuel FundFRFront Row 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-investorsBDBDC Climate Tech Fund IIBDBDC Fund Investments (Fund-of-Funds)BDBDC Growth Venture FundBDBDC Life Sciences Venture FundBDBDC Seed Venture FundBDBDC 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

BABen Allen(Executive Officer, Director)in

BoardJamie Weston(Director)Chuck Warta(Director)Dennis Organ(Director)JGJonathan Goodkey(Director)inPBPaul Bell(Director)in

Co-investorsGAGarage CapitalLELead Edge CapitalBDBDC Capital CorporationBDBDC Venture CapitalLELewis & 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

IDIan Delisle(Chief Executive Officer (CEO))inGCGaétan Corneau(Chief Information Officer (CIO))inTrevor Shimizu(Chief Revenue Officer (CRO))inJVJean-Sébastien Vachon(Chief Technology Officer (CTO))in

Co-investorsBRBranded Strategic HospitalityFRFramework Venture PartnersBDBDC Venture Capital

SaaS platform to manage and collaborate on project documents from conception to archiving.

Toronto, CA

JLJohn Laslavic(Founder)in

Co-investorsBOBoreal Ventures

ChrysaLabs provides soil measurement and data for carbon projects, generating buyer-grade evidence to help verify and value soil carbon removals for markets, auditors, and investors.

AgTechCleantechClimate TechDeep TechMontreal, CA

Samuel Fournier(CEO & Co-Founder)inJacques Michiels(Co-Founder & CIO)GMGabriel Mangeat(Co-Founder & CTO)inBDBenjamin De Leener(Co-Founder & CSO)in

Co-investorsBABastien Family OfficeCRCreative Destruction Lab (CDL)ECEcofuel FundEMEmmertechBDBDC 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

MMMina Mitry(Chief Executive Officer & Co-Founder)inJeffrey Osborne(Founder)Mark Michael(Founder)Wen Cheng Chong(Founder)

Co-investorsBEBerkeley SkyDeck FundCACanaan PartnersDNDns CapitalEVEvolution VC PartnersGAGarage CapitalGOGood News Ventures+14 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-investorsDEDesjardins 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

ACAlexis C. Steinman(Founder)in

Co-investorsBABastien Family OfficeFRFramework Venture PartnersGRGraphite VenturesNANAventuresYOYork IEAQAQC Capital+1 more

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

ABAndrew Bamber(Executive Officer, Director)inJeff More(Executive Officer, Director)inFKFadi Kanafani(Executive Officer)inABAlan Bradford(Executive Officer)inLPLisa Payne(Executive Officer)inJSJohn Slaven(Chief Executive Officer)in

Co-investorsCHChrysalixPRPrelude VenturesAUAurus CapitalCYCycle CapitalEVEvok InnovationsEXExport Development Canada (EDC)+2 more

Develops tools to formulate and manufacture nanoparticles used as medicines; acquired by Danaher in 2021.

BiotechVancouver

Euan Ramsay(Executive Officer)inJames Taylor(Founder)inAndrew Booth(Director)R. James Taylor(Executive Officer, Director)JVJoe Victor(Executive Officer, Director)Daniel Nixon(Director)

Co-investorsINInnovative Solutions CanadaPAPage One VenturesRIRising TideTETelegraph Hill Partners5A5AM Ventures

Mississauga, Ontario-based brand of non-GMO, gluten-free, vegan plant-based products for retail and food service.

DBDror Balshine(Founder)in

Co-investorsINInvestEcoBDBDC Venture Capital