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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
5

What they invest in

from 4 of 5 portfolio companies

AI & Machine Learning ×3Deep Tech ×2Enterprise Software ×2Advanced Manufacturing ×1Biotech ×1Consumer ×1Digital Health ×1Energy ×1

HQs:Canada×3

Investments · 5 tracked

founders shown can be your intro path
Acertaacerta.aiin𝕏

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 LearningEnergyEnterprise SoftwareKitchener, CA

Greta Cutulenco(Founder)in

Co-investorsBDC Fund Investments (Fund-of-Funds)BDC Industrial Innovation Venture FundBDC Venture CapitalCreative Destruction Lab (CDL)Garage CapitalL-SPARK+7 more

BDC Capitalbdc.cain𝕏

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-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

Congruence Therapeuticscongruencetx.comin

Congruence is a drug discovery company that applies protein dynamics, biophysics, machine learning, and computational chemistry to model proteins in their full dynamic state and predict disease correction in silico.

AI & Machine LearningBiotechDeep Tech

Clarissa Desjardins(Founder)in

Co-investorsOrbiMedAlexandriaDIMENSIONAngelini VenturesLumira VenturesAmplitude Venture Capital+1 more

Elieli.healthin𝕏

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)inMarina Pavlovic Rivas(Founder)

Co-investors2048 VenturesCake VenturesForeground CapitalGarage CapitalIKJ CapitalMuse Capital+8 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Eli Health

Portfolio news

latest coverage across their companies
Eli Health Raises $12M USD Series A

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 5 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 34 tracked co-investors.

Images

BDC Thrive Venture Fund for Women photo

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