Pender Growth Fund — Full Portfolio

General Fusion develops Magnetized Target Fusion (MTF) technology, combining plasma physics, mechanical compression, and liquid metal systems to build a practical, cost-competitive fusion power plant.

CleantechDeep TechEnergyBurnaby, CA

Michael Laberge(Executive Officer)Michel Laberge(Founder & Chief Science Officer)inNGNathan Gilliland(Executive Officer, Director)inSKSusan Koch(Executive Officer)inGTGreg Twinney(Chief Executive Officer)inMWMegan Wilson(Chief Strategy Officer)in

Co-investorsBRBraemar Energy VenturesCHChrysalixEVEvolution VC PartnersGAGaingelsHEHelium-3 VenturesJIJIMCO+10 more

Sangoma TeamHub is a unified business communications app combining voice calling, SMS/MMS, chat, file sharing, video meetings, and a receptionist dashboard.

Cloud ComputingEnterprise SoftwareHardwareSaaSMarkham

David Mandelstam(Director)inWilliam Wignall(Executive Officer, Director)TLTony Lewis(Executive Officer)inCSCharles SalamehinAGAl Guarino(Director)Yves Laliberte(Director)

Tantalus provides grid modernization technology for electric utilities, centered on a modular platform that delivers data interoperability across metering devices, substations, distribution circuits, and distributed energy resources from multiple vendors.

CleantechEnergyIoTBurnaby, US

Dermot O'Leary(Executive Officer)inPLPeter Londa(Executive Officer, Director)in

BoardABAllen Beasley(Director)John McEwen(Director)Francis Harvey(Director)

Co-investorsCOConnecticut InnovationsRERedpoint Ventures

Penders Software Holdings acquires and holds software companies as a permanent home, providing growth capital and strategic support while letting existing founders and management continue running the business.

Enterprise SoftwareSaaSVancouver, CA

Checkfront provides booking management software that lets experience-based businesses handle online reservations, real-time availability, resource management, automated notifications, digital waivers, pricing, deposits, and booking channel integrations.

SaaSSales TechTravel & Hospitality

Co-investorsFRFramework Venture PartnersPEPender VenturesINInovia Capital

Clarius manufactures portable handheld ultrasound scanners with AI-enhanced imaging for point-of-care use by clinicians.

AI & Machine LearningDigital HealthMedical Devices

LPLaurent Pelissierin

Co-investorsINInBC Investment Corp.PEPender Ventures

IFS Copperleaf provides enterprise decision analytics and asset investment planning software that helps electric utilities evaluate, optimize, and prioritize capital investment portfolios across their asset base.

AI & Machine LearningCleantechEnergyEnterprise SoftwareSaaS

Co-investorsPEPender VenturesSHShoreline Venture ManagementNANational Grid Partners

BuildDirect is an online marketplace for home improvement and flooring products such as hardwood, tile, and other building materials, selling directly to homeowners and contractors.

Construction TechE-commerceMarketplaces

Co-investorsCOCowles Ventures

A web development agency that delivers custom digital solutions for B2B eCommerce, retail, manufacturing, healthcare, and professional services sectors.

Developer ToolsEnterprise SoftwareMarketing TechSaaS

Toronto

AARON SKELTON(CHIEF OPERATING OFFICER)MICHAEL LOVSIN(Director)JAMES HAGGARTY(Director)Matthew von Teichman(DIRECTOR, PRESIDENT AND CHIEF EXECUTIVE OFFICER)KEITH JACKSON(CHIEF FINANCIAL OFFICER)ROGER DAHER(Director)

INETCO provides real-time fraud detection and prevention solutions for digital payments and payment-powered industries.

AI & Machine LearningCybersecurityEnterprise SoftwareFintech

Co-investorsSFSFU VentureLabsWUWUTIF Capital

One45 provides assessment and program management software for higher education institutions, particularly in health sciences and medical education.

AI & Machine LearningEdTechSaaS

PenderFund Capital Management is an investment firm offering equity, fixed income, multi-asset, liquid alternative, and venture capital fund solutions to investors.

FintechCanada, CA

DBDavid Barr(Chief Executive Officer and Portfolio Manager)inGTGreg Taylor(Chief Investment Officer and Portfolio Manager)in

TrueContext (formerly ProntoForms) offers a low-code mobile field intelligence platform that lets frontline teams deploy connected mobile workflows and forms, capture AI-ready field data, and enforce in-field compliance.

AI & Machine LearningEnterprise SoftwareIoTSaaS

Quorum Information Technologies provides software solutions for vehicle dealerships, addressing the fragmentation caused by the need to integrate across numerous disparate software vendors and solution categories to manage dealership operations.

Enterprise SoftwareSaaSCalgary, CA

Maury Marks(Executive Officer, Director)inDon Ichelson(Executive Officer)Mark Allen(Executive Officer)inMBMarilyn Bown(Executive Officer)in

BoardMichael Podovilinikoff(Director)Scott Eisenfelder(Director)

Redlen Technologies makes multi-energy radiation imaging modules built on its proprietary Cadmium Zinc Telluride (CZT) semiconductor sensors, with a focus on Photon Counting detector solutions for Computed Tomography (PCCT).

Deep TechHardwareMedical DevicesSemiconductorsSaanichton

GBGlenn Bindley(Executive Officer, Director)inEric Erikson(Executive Officer)JBJim Balcom(Executive Officer)inRMRich Mather(President & CEO)inJDJay Dent(Chief Financial Officer)in

BoardRalph Turfus(Director)

Co-investorsINIn-Q-TelWUWUTIF CapitalYAYaletown PartnersPAPangaea Ventures Us Inc.

Vigil Health Solutions provides a care platform that supports multiple levels of care, designed to scale with resident populations.

Healthtech