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BDC Thrive Venture Fund for Women

Government fund

Montréal · Seed–Series B

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Investment thesis

The Thrive Venture Fund backs women-led Canadian technology companies at the seed and Series A/B stages, providing equity investments to businesses with strong growth and scalable market potential across a wide range of sectors. As part of BDC Capital's Thrive platform, the fund aims to create Canadian champion companies led by women leaders, catalyze an untapped driver of economic growth, and collaborate with ecosystem partners to support more women entrepreneurs. It positions itself as a long-term partner for visionary, disruptive women founders looking to build venture-backable businesses.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series B
HQ
Montréal, CA
Instruments
Equity
AUM
$219M
Tracked investments
6

What they invest in

from 3 of 6 portfolio companies

AI & Machine Learning ×2Advanced Manufacturing ×1Biotech ×1Consumer ×1Deep Tech ×1Digital Health ×1Enterprise Software ×1FemTech ×1

HQs:Canada×1

Investments · 6 tracked

founders shown can be your intro path
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

Congruence Therapeutics

Biotechnology company operating at the intersection of computational and experimental drug discovery.

Congruencetxcongruencetx.comin

Congruence is a drug discovery company using protein dynamics, biophysics, machine learning, and computational chemistry to develop predictive models for disease correction.

AI & Machine LearningBiotech

Elieli.healthin

Eli develops and manufactures at-home hormone level tests that collect longitudinal data on daily hormonal patterns.

ConsumerDeep TechDigital HealthFemTechWellness & FitnessMontréal, CA

Eli Health

Provides real-time hormonal health insights via a proprietary saliva-based assay/test cartridge and mobile app for continuous at-home hormone monitoring.

Frequently asked questions

What stage does BDC Thrive Venture Fund for Women invest at?
BDC Thrive Venture Fund for Women invests at the Seed, Series A, Series B stages.
What sectors does BDC Thrive Venture Fund for Women focus on?
BDC Thrive Venture Fund for Women focuses on FemTech, Fintech, Healthtech, SaaS, Sector Agnostic.
Where is BDC Thrive Venture Fund for Women located?
BDC Thrive Venture Fund for Women is headquartered in Montréal, CA.

Images

BDC Thrive Venture Fund for Women photo

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