Montreal · Pre-Seed–Late Stage · 65 people tracked
Investment thesis
BDC Venture Capital focuses on backing Canadian technology innovators, aiming to help them build world-class companies through equity investment, expert advice and an extensive network. It describes itself as a patient, stable investor willing to take on risk and to support firms in underserved sectors. With three decades of experience building Canadian technology companies, it emphasizes its connectedness and ability to open doors for its portfolio companies.
Source: firm website, verified Aug 24, 2026.
Team · 65 people
from curated & public directoriesWhat they invest in
from 15 of 26 portfolio companiesCleantech ×5Climate Tech ×5Enterprise Software ×5AI & Machine Learning ×4SaaS ×4Cloud Computing ×3Circular Economy ×2Energy ×2
HQs:Canada×7United States×2
Investments · 26 tracked
founders shown can be your intro pathCo-investorsBDC Fund Investments (Fund-of-Funds)
Canadian robotics company building autonomous, vision-guided robots that pick, trim and pack mushrooms on commercial farms.
Co-investorsBDC Fund Investments (Fund-of-Funds)BDC Industrial Innovation Venture FundEmmertechInBC Investment Corp.Stray Dog CapitalUCeed Funds+3 more
Vancouver
Anson Kung(Executive Officer)Matthew Anderson(Executive Officer, Director)Jessica Yip(Executive Officer, Director)
Co-investorsBDC Fund Investments (Fund-of-Funds)BDC Industrial Innovation Venture FundFundersClub
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
Greta Cutulenco(Founder)in
Co-investorsBDC Industrial Innovation Venture FundBDC Thrive Venture Fund for WomenCreative Destruction Lab (CDL)Garage CapitalM12 (Microsoft's Venture Fund)Stand Up Ventures+1 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-investorsBDC Fund Investments (Fund-of-Funds)ForesightInnovative Solutions Canada
Co-investorsBDC Fund Investments (Fund-of-Funds)
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
Don Bowman(Founder and CEO)Nicolas St-Pierre(CTO)
Co-investorsBDC Fund Investments (Fund-of-Funds)Mistral Venture Partners
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-investorsBDC Fund Investments (Fund-of-Funds)Cycle Capital
Co-investorsBDC Fund Investments (Fund-of-Funds)Creative Destruction Lab (CDL)
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-investorsBDC Fund Investments (Fund-of-Funds)
Develops proprietary pet food formulations using sustainable novel ingredients such as insects, fungi, and algae to replace animal proteins, aiming for hypoallergenic, nutrient-dense, and environmentally sustainable products.
Co-investorsBDC Fund Investments (Fund-of-Funds)BDC Thrive Lab for WomenSheBoot
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
Mark Masotti(CEO and Co-Founder)
Co-investorsBDC Climate Tech Fund IIBDC Fund Investments (Fund-of-Funds)
AlumaPower develops firm, dispatchable power technology aimed at addressing shortfalls in reliable 24/7 electricity for demand from AI data centers, re-industrialization, and electrification.
CleantechClimate TechEnergyHardwareSarnia, CA
Paul Andrew Simpson(Director)Geoffrey Richard Steven Godwin(Director)Geoff Thomas Sheerin(Executive Officer)Rob Alexander(Co-Founder & CEO)inHenk VandenEnde(Co-Founder & EVP, Business Development)inGeoff Sheerin(Inventor, Co-Founder & CTO)
Co-investorsBDC Fund Investments (Fund-of-Funds)Creative Destruction Lab (CDL)Starbridge Venture Capital LlcBioindustrial Innovation Canada
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
Co-investorsForesight
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-investorsAmplify PartnersBDC Fund Investments (Fund-of-Funds)Rubicon Technology Partners
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-investorsBDC Fund Investments (Fund-of-Funds)
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
Alex HoffMarc MorinDavid YachDouglas Murray(Chief Executive Officer)
Co-investorsBDC Fund Investments (Fund-of-Funds)Celtic House Asia PartnersCeltic House Venture PartnersGolub GrowthOpenView Venture PartnersRho Capital Partners+2 more
Axonify offers an AI-powered frontline enablement platform that combines microlearning, task execution, and analytics to train and coordinate frontline workers.
AI & Machine LearningEdTechSaaS
Co-investorsBDC Fund Investments (Fund-of-Funds)Bridgescale PartnersHarmony PartnersJMI EquityWaterloo Accelerator Centre
Quadient provides software and hardware solutions for business communications, financial automation, and mail and parcel delivery operations.
AI & Machine LearningEnterprise SoftwareFintechSaaS
Geoffrey Godet(Chief Executive Officer and Board member)
Co-investorsBpifranceBDC Fund Investments (Fund-of-Funds)Pallasite Ventures
Co-investorsBDC Fund Investments (Fund-of-Funds)
Sonder operates a hospitality platform offering managed short-term rental accommodations across multiple cities globally, combining contemporary design with technology-enabled services for guests.
MarketplacesPropTechTravel & HospitalitySan Francisco, US
Francis Davidson(Co-Founder & CEO (2014–2025))inMartin Picard(Co-Founder)Lucas Pellan(Co-Founder)Sanjay Banker(President & Chief Financial Officer)Satyen Pandya(Chief Technology Officer)Daniel Cornwell(Interim Co-CEO (from June 2025))
Co-investorsAkkadian VenturesAlate PartnersBlackbird VenturesFounderFuelGreylock PartnersReshape+4 more
Whirlscape develops Dango, a mobile keyboard application that integrates emoji suggestions using machine learning and natural language processing techniques.
ConsumerSocialToronto, CA
Will Walmsley(Founder/CEO)inSeverin Smith(Founder)in
Co-investorsFundersClubY Combinator
Portfolio news
latest coverage across their companiesSonder · singletrackworld.com · Jul 16, 2026
4AG Robotics · therobotreport.com · Jul 30, 2025
Frequently asked questions
- How many investments has BDC Venture Capital made?
- BDC Venture Capital has 25 tracked investments.
- What stage does BDC Venture Capital invest at?
- BDC Venture Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What is BDC Venture Capital's typical check size?
- BDC Venture Capital typically writes checks of $365K – $25.6M.
- What sectors does BDC Venture Capital focus on?
- BDC Venture Capital focuses on AI & Machine Learning, Deep Tech, Sector Agnostic.
- Where is BDC Venture Capital located?
- BDC Venture Capital is headquartered in Montreal, CA.
- Does BDC Venture Capital lead rounds?
- BDC Venture Capital typically participates in rounds rather than leading them.
- Who does BDC Venture Capital co-invest with?
- BDC Venture Capital most often shares deals with BDC Fund Investments (Fund-of-Funds), BDC Industrial Innovation Venture Fund, Creative Destruction Lab (CDL), among 43 tracked co-investors.
Images
Co-investors · 67
OMERS Ventures is a venture capital firm that invests in founders globally, with investment teams based in New York, Palo Alto, and Toronto.
M12 is Microsoft's venture fund, investing in companies building AI-native platforms and applications for business use cases.
Rho is an investment firm founded in 1981 that backs inventors, entrepreneurs, and operators across all stages of company growth to build market-defining companies.
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.
GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.
Khosla Ventures is a venture capital firm founded by Vinod Khosla.
Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.
Index Ventures is a multi-stage venture capital firm that backs companies from Seed to IPO and beyond, including through its dedicated seed fund Index Origin.
Redpoint Ventures is a venture capital firm established in 1999 by former partners from leading venture firms, focusing on early-stage technology companies across multiple sectors. The firm leverages its partners' technology investment experience and an extensive network of entrepreneurs and industry contacts to support portfolio company growth.
Notable Capital is a venture capital firm that has partnered with founders for over two decades, backing companies from the earliest stages through to exit.
BCV Labs is the platform and hands-on support arm of Bain Capital Ventures, providing portfolio founders with go-to-market strategy, brand development, hiring assistance, and customer introductions.
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
▶55 more co-investors
DCVC (Data Collective)True VenturesSOSVObvious VenturesInovia CapitalF-Prime CapitalIA VenturesNext47VenrockAIX Venturesboldstart venturesTCVHigh AlphaHyde Park Venture PartnersOrbiMedValar Ventures LlcCoelius CapitalHeavybitWhite Star CapitalHoxton VenturesRelay VenturesGolden VenturesVertex Ventures IsraelDrive CapitalBIOSPRING PARTNERSG2 Venture PartnersXfundAmazon Alexa FundGE Venturesmuru-DTTV CapitalPortage VenturesGrotech VenturesBuilders VCGranite AsiaAt One VenturesFINTOP CapitalFlying Fish VenturesThe Perkins FundIlluminate FinancialFramework Venture PartnersAnzu PartnersMercury FundPanache VenturesUltratech Capital PartnersAmplitude Venture CapitalEmerald Technology Ventures AgSands Capital VenturesChrysalixMetanoiaGrand VenturesFlight Deck CapitalRasmal VenturesFulcrum Global CapitalMontrose Lane
Firms observed investing alongside BDC Venture Capital, from public investor directories. Shared companies are the overlap with BDC Venture Capital's recorded portfolio.
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