BDC Capital, the venture capital arm of the Business Development Bank of Canada, focuses on supporting Canadian technology innovators and high-growth companies. Its strategy involves providing venture capital, growth equity, and strategic partnerships, with a particular emphasis on underserved sectors, inclusivity, and diversity to build world-class Canadian companies.
Deal activity increased 50% year-over-year (6 deals in the last 12 months). Average disclosed round size is $43.1M (across 56 rounds with reported amounts).
Portfolio
61
Fund Size
$6B
Top Stage
Seed
Last 12 Mo
6
Team
JN
Jérôme Nycz
Executive Vice President
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
61 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| MMecademic Inc. | Series B | $15.3M | Feb 2026 |
| EEnurgen | Seed | $4.1M | Oct 2025 |
 Cohere | Growth | $100M | Sep 2025 |
 ShopVision Technologies Inc. | Seed | $4.1M | Sep 2025 |
 Apera AI | Series A | — | Jul 2025 |
| EExterra Carbon Solutions | Unknown | $14.5M | May 2025 |
 Quadshift Inc. | Growth | $23M | Feb 2025 |
 Planetary Technologies | Series A | $11.3M | Oct 2024 |
| LLaserax | Series C | $45.5M | Oct 2024 |
 Ayrton Energy | Seed | $6.8M | Sep 2024 |
| KKoho | Unknown | $86M | Dec 2023 |
| AArteria AI | Series B | $30M | Oct 2023 |
 Eavor Technologies Inc. | Growth | $182M | Oct 2023 |
 Flojoy | Seed | $1.3M | Aug 2023 |
| PPeak Power Inc. | Growth | $35M | May 2023 |
 ChrysaLabs | Series A | $11M | May 2023 |
 Zenhub | Series A | $10M | Mar 2023 |
 GoBolt | Series C | $75M | Dec 2022 |
 Private AI | Series A | $8M | Nov 2022 |
 Xanadu | Series C | $100M | Nov 2022 |
 Avidbots | Series C | $70M | Sep 2022 |
| IInteraxon | Series C | $9.5M | Aug 2022 |
 Mara Renewables Corporation | Growth | $39.5M | May 2022 |
 Talent.com | Series B | $120M | Mar 2022 |
 ODAIA | Series A | $13.8M | Feb 2022 |
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Top Co-Investors
Real Ventures6 shared
Golden4 shared
Export Development Canada4 shared
BMO Capital Partners3 shared
Accel2 shared
Kensington Capital Partners2 shared
Reciprocal Ventures2 shared
RTP Global2 shared
Workday2 shared
Yaletown Partners2 shared
Accomplice2 shared
Inovia Capital2 shared
Nicola Wealth2 shared
Clean Energy Ventures2 shared
bp ventures2 shared
Temasek Holdings2 shared
Vickers Venture Partners2 shared
EDC2 shared
Brightspark Ventures2 shared
MaRS IAF2 shared
Last updated: 12 April 2026