Fundraising Fox

BDC Seed Venture Fund

Government fund

Montréal · Pre-Seed–Seed

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Investment thesis

The fund backs early-stage Canadian founders innovating through new technologies and business models, leading investment rounds with patient, experimental capital. It supports companies across software and hardware, helping build go-to-market strategies, drive revenue growth, and establish operational telemetry on the path to product-market fit. Active in every region of Canada with a focus on underserved markets, the fund collaborates closely with accelerators, incubators, angel investors and venture partners to nurture a vibrant startup ecosystem. It aims to help entrepreneurs lay the foundation for building world-class companies.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
HQ
Montréal, CA
Leads rounds
Leads
Instruments
Equity
Last 12 months
2 investments
AUM
$73M
Tracked investments
6

What they invest in

from 5 of 6 portfolio companies

SaaS ×3Advanced Manufacturing ×1Deep Tech ×1Defense Tech ×1Digital Health ×1Enterprise Software ×1Fintech ×1FoodTech ×1

HQs:Canada×2

Investments · 6 tracked

founders shown can be your intro path

By year:2026 · 12025 · 12 dated

Ambitionambition.inc

Social network for people looking to learn new things and connect with others who share similar interests.

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 Industrial Innovation Venture FundBDC Life Sciences Venture FundBDC Sustainability Venture Fund+8 more

Canada Rocket Companycanadarocketcompany.comin

Canada Rocket Company designs and builds orbital launch vehicles and rocket engines in Canada, including the R-Series fleet with up to 12,500kg lift capacity and the E-1 methalox (LOX/liquid methane) engine.

Deep TechDefense TechSpace Tech

Hugh Kolias(CEO)David Tenny(CTO)

Co-investorsGarage CapitalNorthside VenturesPanache VenturesSpace Capital

Cinareocinareo.comin

Cinareo is a SaaS workforce capacity planning tool for contact centers, using statistical models to handle resource planning, financial analysis, and recruitment planning across multi-channel operations.

Enterprise SoftwareHR TechSaaS

Co-investorsSheBoot

Hatchhatchcare.comAug 2026 · $4M

Hatch is a referral management platform for specialty care practices and health systems that handle high volumes of inbound referrals.

Digital HealthHealthtechSaaS

Co-investorsFulcrum Equity PartnersPJCOrion Industrial Ventures

Tracktiletracktile.ioinDec 2025 · $1.3M

Tracktile is a cloud-based manufacturing execution platform for food and beverage producers, covering inventory management, production tracking, full traceability, regulatory compliance (CFIA, FDA, HACCP, SQF), and AI-powered production planning.

Advanced ManufacturingFoodTechSaaS

Co-investorsGraphite VenturesIsland CapitalIsland Capital Partners

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does BDC Seed Venture Fund invest at?
BDC Seed Venture Fund invests at the Pre-Seed, Seed stages.
What sectors does BDC Seed Venture Fund focus on?
BDC Seed Venture Fund focuses on AgTech, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Cloud Computing, Deep Tech, Defense Tech, Energy, Enterprise Software, Fintech, Healthtech, IoT, PropTech, Robotics, SaaS, Sector Agnostic.
Where is BDC Seed Venture Fund located?
BDC Seed Venture Fund is headquartered in Montréal, CA.
Does BDC Seed Venture Fund lead rounds?
Yes, BDC Seed Venture Fund leads investment rounds.
Who does BDC Seed Venture Fund co-invest with?
BDC Seed Venture Fund most often shares deals with Clean Energy Ventures, GrandBanks Capital, Northside Ventures, among 19 tracked co-investors.

Images

BDC Seed Venture Fund photo

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