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BDC Capital

Fund · Montreal · bdc.ca

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BDC Capital, the investment arm of Canada's development bank BDC, invests venture capital in Canadian tech companies from seed to late stage.

BDC Capital is the investment arm of the Business Development Bank of Canada (BDC). It runs several venture capital funds, each with its own team, and also invests in other Canadian venture capital funds. It says it is Canada's largest and most active venture capital investor.

Geneviève Bouthillier is Executive Vice President of BDC Capital. Its venture capital offices are in Montreal, Toronto, Ottawa and Calgary.

Founders reach a fund through the Contact us form on that fund's page. The Seed Venture Fund's form asks for a link to a pitch deck and a demo video of up to one minute, and the team replies only if there is a fit.

What it invests in

Seed: the $100 million Seed Venture Fund leads rounds in software and hardware companies

Seed focus: AI, robotics, IoT and industrials, agtech, climate, defence and deep tech, cloud, health and extended reality (XR)

Series A and beyond: the Industrial Innovation Venture Fund backs Manufacturing 4.0, agriculture and food tech, and extractive industries such as mining and oil and gas

Late stage: the $500 million Growth Venture envelope backs companies with revenues of $10 million or more

Tech companies led by women, from pre-seed to Series B, through the $350 million Thrive Venture Fund

Separate funds for climate tech, sustainability, life sciences, defence (StrongNorth) and Black entrepreneurs

Only companies incorporated in Canada, in every region of the country

Location

5 Place Ville Marie, Ground floor 100, Montreal, QC H3B 2G2


Waterloo Region startups backed by BDC Capital (18)

BinSentry

binsentry.com

Powering tens of thousands of bins worldwide, BinSentry transforms feed management with the visibility, consistency, and confidence today’s operations depend on.

Communitech
11-50 employees2016
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ApplyBoard

applyboard.com

ApplyBoard simplifies the study abroad process by connecting students, recruitment partners, and partner schools on a single platform.

Velocity · Communitech · Accelerator Centre · University of Waterloo
11-50 employees2013
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Voltera Inc.

voltera.io

Voltera makes rapid prototyping platforms for additive electronics, from traditional PCBs to flexible, stretchable, and biocompatible electronics of tomorrow.

Communitech · Accelerator Centre · University of Waterloo
51-200 employees2014
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Acerta

acerta.ai

Detect defects early, cut scrap and rework, and boost throughput with LinePulse, Acerta's AI-driven manufacturing quality and process analytics platform.

Communitech · University of Waterloo
11-50 employees2017
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Nicoya Lifesciences Inc.

nicoyalife.com

FastHDX pushes protein dynamics research farther, helping scientists understand dynamic structural biology right as it happens. That means no more development blind spots, missed candidates, or undruggable proteins. FastHDX seamlessly integrates with your existing HDX-MS workflows to provide…

Communitech · Accelerator Centre · University of Waterloo
11-50 employees2012
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VueReal

vuereal.com

VueReal is making micro- and nano- technology a reality by developing and commercializing platforms that enable efficient, practical, and scalable production and integration of micro-and nano- devices.

Communitech · University of Waterloo
11-50 employees2015
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Dejero

dejero.com

Why choose one when you can have all available connections?!

Communitech
11-50 employees2008
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PiinPoint

piinpoint.com

PiinPoint is a fast, intuitive, and affordable platform to help businesses find the best locations for expansion.

Velocity · Communitech · University of Waterloo
11-50 employees2012
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Avidbots

avidbots.com

Our fully autonomous floor scrubbing robots — Neo, Neo 2W, & Kas — thrive in commercial spaces. Contact us to see an Avidbots robot floor cleaner in action!

Communitech · University of Waterloo
11-50 employees2013
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DOZR

dozr.com

Construction equipment rentals available near you. From compact track loader to aerial work platform rentals, research prices and reserve heavy equipment rentals online.

Communitech
2004
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Axonify

axonify.com

Axonify is the AI-powered Frontline Enablement Platform that closes the costly gap between learning and execution - unifying microlearning, execution tools, and insights to drive measurable business results.

Communitech · Accelerator Centre
51-200 employees2012
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Auvik

auvik.com

Auvik is cloud-based network management software for today’s changing workforce. Gain true network visibility and control. Use Auvik free for 14 days.

Communitech · University of Waterloo
11-50 employees2011
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Plum

plum.io

Improve hiring outcomes with Plum’s predictive hiring assessment. Measure durable skills and job fit before interviews to reduce costly mis-hires.

Communitech · Accelerator Centre
1-10 employees2014
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Miovision

miovision.com

Miovision focuses on solving today's and tomorrow's real-world traffic problems. Learn more about a future-proof solution that evolves with your city’s needs.

Communitech · Accelerator Centre · University of Waterloo
51-200 employees2004
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Agilicus

agilicus.com

Zero-Trust for Critical Infrastructure and Industrial Control Systems. Give any user, on any device, secure access to any resource they need—without a client or VPN.

Communitech
1-10 employees2018
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Bridgit

gobridgit.com

Bridgit is a leading provider of construction resource management software, helping construction teams optimize workforce planning and project delivery.

Velocity · Communitech
51-200 employees2012
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SkyWatch

skywatch.co
Communitech
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Feel Good Interactive

feelgoodinteractive.com

Feel Good Interactive builds AI infrastructure for family-friendly IP. FEEL is the safe way to bring characters and stories to life with AI. Kids create. Characters stay true. Character-creators stay in control.

Velocity · Accelerator Centre
2026
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From the fund's own portfolio page and public announcements of its rounds. Only Waterloo Region companies in the directory are shown.

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