BDC Thrive Venture Fund for Women
Government fundMontréal · Seed–Series B
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.
What they invest in
from 4 of 6 portfolio companiesAI & Machine Learning ×3Deep Tech ×2Advanced Manufacturing ×1Biotech ×1Consumer ×1Digital Health ×1Enterprise Software ×1FemTech ×1
HQs:Canada×2
Investments · 6 tracked
founders shown can be your intro pathAcerta 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 Industrial Innovation Venture FundBDC Venture CapitalCreative Destruction Lab (CDL)Garage CapitalM12 (Microsoft's Venture Fund)Stand Up Ventures+1 more
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 Seed Venture Fund+8 more
Biotechnology company operating at the intersection of computational and experimental drug discovery.
Co-investorsAngelini Ventures
Congruence Therapeutics is a drug discovery company that applies protein dynamics, biophysics, machine learning, and computational chemistry to identify new medicines.
AI & Machine LearningBiotechDeep Tech
Clarissa Desjardins(Founder)
Co-investorsOrbiMedAlexandriaDIMENSIONLumira Ventures
Eli develops and manufactures at-home hormone level tests that collect longitudinal data on daily hormonal patterns.
AI & Machine LearningConsumerDeep TechDigital HealthFemTechWellness & FitnessMontréal, CA
Thomas Cortina(Founder)in
Co-investors2048 VenturesCake VenturesForeground CapitalGarage CapitalMuse CapitalPanache Ventures+3 more
Provides real-time hormonal health insights via a proprietary saliva-based assay/test cartridge and mobile app for continuous at-home hormone monitoring.
Co-investorsGarage CapitalMuse CapitalSwizzle Ventures
Portfolio news
latest coverage across their companies
BDC Capital · betakit.com · Aug 20, 2026
Congruencetx · geekwire.com · Jul 13, 2026
Eli · eli.health · Jun 10, 2025
Frequently asked questions
- How many investments has BDC Thrive Venture Fund for Women made?
- BDC Thrive Venture Fund for Women has 6 tracked investments.
- 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.
- Who does BDC Thrive Venture Fund for Women co-invest with?
- BDC Thrive Venture Fund for Women most often shares deals with Garage Capital, BDC Industrial Innovation Venture Fund, Muse Capital, among 29 tracked co-investors.
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