Royal Bank of Canada's venture capital arm, RBC Capital Partners, focuses on direct investments in companies to accelerate growth, enable innovation, and foster partnerships with RBC, while also investing in VC and PE funds for strategic relationships. Their strategy involves providing structured cash flow term loans, subordinated debt, and mezzanine financing to mid-market companies in Canada and the U.S. with proven cash flows and strong management.
Average disclosed round size is $53.0M (across 10 rounds with reported amounts).
Portfolio
11
Fund Size
$2B
Top Stage
Series B
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
11 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| PPhotonic Inc. | Growth | $131M | Jan 2026 |
| VVosker Corp. | Unknown | $125M | Jun 2024 |
 Trice | Seed | — | Jan 2024 |
 TealBook | Series B | $50M | Dec 2021 |
| CCheckfront | Series A | $9.3M | Mar 2020 |
 Drop | Series B | $44M | Aug 2019 |
| HHolloway | Seed | $4.6M | Aug 2019 |
 OJO Labs | Series C | $45M | Mar 2019 |
| OJO Labs | Series B | $20.5M | May 2018 |
 Visible Alpha | Series B | $38M | Jan 2018 |
| OJO Labs | Series D | $62.5M | — |
Top Co-Investors
LiveOak Venture Partners3 shared
NEA (New Enterprise Associates)2 shared
M12 (Microsoft)1 shared
BDC Capital1 shared
Reciprocal Ventures1 shared
RTP Global1 shared
Workday1 shared
S&P Global1 shared
CIBC Innovation Banking1 shared
Silverton Partners1 shared
South Park Commons1 shared
Precursor Ventures1 shared
Comcast1 shared
Day One Ventures1 shared
Abstract Ventures1 shared
Lightspeed Venture Partners1 shared
HOF Capital1 shared
Sierra Ventures1 shared
White Star Capital1 shared
Last updated: 12 April 2026