BDC Capital

BDC Capital

A subsidiary of the Business Development Bank of Canada (BDC), BDC Capital offers a full spectrum of specialized financing and investment solutions to help Canadian entrepreneurs achieve their full growth potential. With more than $1 billion under management, BDC Capital takes a strategic, patient approach to nurture companies’ development over the long term.

From venture capital to equity to growth and transition capital, our team of over 100 experienced, local professionals partner with entrepreneurs to identify and meet their needs on flexible terms. Some of the sectors in which we specialize include IT, industrial/clean/energy technology, and healthcare. For more information, please visit or follow us on Twitter at @BDC_Capital.

Venture Capital

News on BDC Capital

Rover Raises Seed Round from BDC, 500 Startups to Expand Product, Bolster Sales
Toronto's Rover, a location-based mobile marketing startup, has raised $1.1 million in seed financing. The round included contributions from BDC Venture Capital and Silicon Valley's 500 Startups,... more
TandemLaunch Raises $12 Million to Invest in Tech Startups
TandemLaunch has announced the first closing of its third fund. The self-described "company creator and seed fund," which incubates tech startups, has closed $12 million so far for its latest... more
Venture Capital Action Plan Completes Goal, Closes Total of $1.35 Billion
The Business Development Bank of Canada says that the Venture Capital Action Plan has completed its goal of supporting the close of four private sector-led funds of funds with a total of $1.35... more
BDC Capital Invests $6.7 Million in Wave
BDC Capital has invested $6.7 million in Toronto-based Wave, a company that provides online financial tools for small businesses. This capital comes from BDC Capital's new $150 million IT... more
Teralys Capital Closes $375 Million Fund of Funds
Montreal-based Teralys Capital says it has closed a $375 million fund of funds, making it “largest innovation-focused investor in Canada.” With the new Teralys Capital Innovation Fund,... more
BDC Capital Launches $150 Million IT Venture Fund II
BDC Capital is launching IT Venture Fund II, a $150 million venture capital fund for the Canadian information technology sector. This second fund brings the amount under management by the BDC... more
Canadian Biotech Startups Selected to Present in Silicon Valley
Zucara Therapeutics and Sepset Biosciences have been chosen to present at “Dose of the Valley” in San Francisco on February 9 and 10. The companies, based in Vancouver, are spun out of... more
Foodee Raises $6 Million Series A to Expand Corporate Catering in the US
Vancouver-based Foodee announced today it has closed $6 million Series A funding round led by BDC Capital to fuel its ongoing expansion into US markets.  Foodee is a food concierge service... more
BDC Capital Adds $3 Million to Mistral Venture Partners’ Early-Stage Fund
BDC Capital has committed an additional $3 million to the early stage venture capital fund managed by Mistral Venture Partners, bringing its total commitment to $6 million. The Business... more
BDC Capital Joins McRock iNFund with Investment in Invixium
McRock iNFund has added BDC Capital to the previously announced $4 million Series A financing in Toronto-based Invixium. McRock iNFund, an Industrial Internet of Things venture capital fund... more
Trulioo Raises $15 Million from American Express, Others in Biggest Fintech Round of 2015
Trulioo has raised a $15 million venture capital round. The funding hails from American Express Ventures and existing investors BDC Capital, Blumberg Capital and Tenfore Holdings. This round... more
Hacking Health Accelerator Looks to Foster Innovation in Healthcare Tech
Hacking Health, BDC Capital, Real Ventures, and MaRS Discovery District today announced the launch of the Hacking Health Accelerator. The accelerator is described as a digital health innovation... more
Elastic Path Software Raises $10 Million to Fuel Further Innovation
Elastic Path Software has raised $10 million. The round was led by Yaletown Venture Partners and the BDC Venture Capital IT Fund. Elastic Path says the funds will be used to grow the Canadian... more
CENX Raises $12.5 Million Series D Round that Includes BDC Capital
Ottawa's CENX today announced that it has finalized new equity investment totaling $12.5 million USD. New investors BDC Capital, Mistral Venture Partners, and VMware joined the Series D... more
Procurify Raises $4 Million Seed Round from BDC, Ryan Holmes, Others
Procurify, a software-as-a-service (SaaS) startup offering purchasing software to small- and medium-sized businesses, has raised a USD $4 million seed round. The investment was led by Point Nine... more
Control, the 'Hootsuite of Online Payments,' Raises Seed Round to Fuel Growth
Control, a management and analytics platform for online payments, has closed an oversubscribed seed round of $1.5 million. The seed round included investment from Vanedge Capital and Business... more
RtTech Software Named BDC Innovation Award Winner for 2015
Moncton's RtTech Software has been recognized by the Canadian Venture Capital & Private Equity Association (CVCA) as the BDC Innovation Award winner for 2015. The award recognizes an... more
Bit Stew Systems Raises $17 Million Series B Round to Tap New Markets
Bit Stew Systems recently raised $17.2 million in a Series B funding round. The investment round was led by GE Ventures and included existing investors Cisco Investments and Yaletown... more Raises $2 Million from BDC Capital has raised $2 million from BDC Capital. The Ontario company says it will use this capital to acquire additional space, tools, and hire more people "to maintain momentum as it is... more
SensorSuite Raises $550K to Enable the Future of Connected Commercial Buildings
Toronto's SensorSuite announced today the successful closing of over half a million in funding from Extreme Venture Partners, Business Development Bank of Canada, and private angels. SensorSuite... more
BDC Pledges $700 Million to Female Entrepreneurs
This week, the Honourable Dr. K. Kellie Leitch, Minister of Labour and Minister of Status of Women, hosted the Government of Canada's Women Entrepreneurs Forum in Ottawa. The forum brought... more
Gerry Pond Named Canada's Entrepreneurship Champion
The Business Development Bank of Canada this week named Gerry Pond, an Atlantic Canadian angel investor, the first-ever BDC Entrepreneurship Champion during a reception in Toronto. The new... more
Gymtrack Raises $2.5 Million Seed Round Led by White Star Capital and Real Ventures
This morning Ottawa's Gymtrack announced a $2.5 million first funding round, led by White Star Capital and Real Ventures and including 500 Startups and BDC. Gymtrack aiming to change the way... more
Which Venture Capital Firms Invest the Most and Do the Most Deals in Canada
Venture capital and private equity activity posted strong results in 2014. According to the Canadian Venture Capital & Private Equity Association’s (CVCA) 2014 VC and PE Market... more
Chalk Raises $500,000 from Prominent Canadian Entrepreneurs today announced a funding round led by MaRS Investment Acceleration Fund with participation from BDC Capital, Ryan Holmes of Hootsuite, and John Baker of Desire2Learn. Used in 20,000... more
Fundmetric Lands BDC Investment
Continuing to gain momentum, Fundmetric of Halifax last week received a $150,000 convertible note from BDC Venture Capital. The startup actually became the hundredth startup in Canada to receive... more
Energy Aware Raises Financing Round, Changes Name to Neurio Technology
Energy Aware has raised a seed round. The Canadian company raised $1.5 million in financing. The round was led by BDC Venture Capital. Energy Aware also announced that its new name is Neurio.... more
BitHound Raises $2 Million Seed Round from Michael Wekerle, BDC Capital, Others
BitHound has raised a seed round. The financing, valued at $2 million, was led by Michael Wekerle of Difference Capital, along with BDC Capital and additional angel investors. The... more
Golden Venture Partners Launches $40 Million Startup Investment Fund to Hunt Unicorns
$40 million is up for grabs among Canadian startups. Golden Ventures Partners this week announced their second fund, GVP II, valued at $40 million. GVP, which invested in the last three Wattpad... more
Resson Aerospace Takes Flight With $3 Million In Venture Capital Funding
Fredericton's Resson Aerospace, a bioinformatics and data analytics company, announced today that it raised $3 million in venture capital funding led by Rho Canada Ventures and Build Ventures.... more
Execution Labs Raises $6 Million to Power Growth of Independent Game Studios
Today, gaming studio accelerator and investment platform Execution Labs announced it raised a $6 million Series A round of funding. The round was led by Toronto-based Corus Entertainment. Existing... more
Clearwater Clinical Raises $2 Million Round Led by BDC Capital's Healthcare Fund
Clearwater Clinical has raised $2 million in venture capital. The investment was led by the BDC Capital Healthcare Fund with participation from Naavon and Fundfire. The round will be used to... more
BDC Capital, Telus Among Canada's Top Employers
Now entering its 16th year, the Canada's Top 100 Employers project is a national competition to determine which employers lead their industries in offering exceptional workplaces for their... more
Real Ventures Fund III Reaches $75 Million, Expands Presence in Toronto and Waterloo
The Montreal-headquatered Real Ventures announced today an additional $25 million in commitments led by several major institutional investors. The big move takes its latest web, mobile, and... more
Elastic Path Raises $5.35 Million Led by BDC Venture Capital
Elastic Path Software announced this morning that it has secured $5.35 million equity round led by BDC Venture Capital IT Fund, with participation from Yaletown Venture Partners and individual... more
Four Launch36 Grads Get BDC Notes
As it announced ambitious organizational changes, PropelICT revealed Thursday that four startups that went through Cohort 4 of its Launch36 accelerator have received $150,000 convertible notes from... more
Extreme Startups and GrowLab Ventures Merge to Become HIGHLINE
Vancouver's GrowLab Ventures and Toronto’s Extreme Startups have announced their merger and the launch of HIGHLINE, the first pan-Canadian accelerator platform, at the Toronto Stock Exchange... more
BDC Capital Partners with the Rotman School's Creative Destruction Lab
BDC Capital has entered into a three-year partnership with the University of Toronto Rotman School of Management's Creative Destruction Lab high-tech venture accelerator. BDC Capital says it... more
Gibraltar Partners with BDC Capital, Launches Venture Fund to Invest in a Dozen Tech Startups
Gibraltar & Company, a Toronto-based technology investment management firm, today announced the launch and first close of Gibraltar Ventures Fund One Limited Partnership. Investment in this... more
Ottawa's Privacy Analytics Raises $3.5 Million Seed Round
Ottawa's Privacy Analytics, a leading provider of data anonymization solutions, has raised $3.5 million seed round led by Vanedge Capital. Vanedge joins the BDC IT Venture Fund and the Ontario... more
Zillow Acquires Retsly from GrowLab Portfolio
Seattle-based Zillow just announced that it has acquired Vancouver's Retsly, a GrowLab portfolio company founded in 2013. Zillow has not disclosed the financial terms of the acquisition. NASDAQ... more
Xagenic Announces Second Closing of $25.5 Million Series B Financing
Xagenic Inc., a molecular diagnostics company developing the first lab-free molecular diagnostic platform with a 20 minute time-to-result, announced this week a second closing of its recently... more
D-Wave Systems Raises $28 Million More for Quantum Computing
D-Wave Systems, the world's first commercial quantum computing company, has raised $28.4 million in venture capital from Fidelity Canada Fund, Goldman Sachs, Business Development Bank of... more
BDC Capital Announces $500,000 Convertible Notes for Canadian Healthtech Startups
BDC Capital's longstanding convertible notes program has undoubtedly been a boon to Canada's startup ecosystem: the through the program, the firm has invested a total of $11 million into more than... more
BDC VC and GrowthWorks Jointly Win CVCA's 2014 Venture Capital 'Deal of the Year' Award
Canada's Venture Capital & Private Equity Association announced today that BDC Venture Capital and GrowthWorks are the joint recipients of the 2014 "Deal of the Year" Award for the venture... more
Human-Computer Interaction Company Mirametrix Wins BDC Innovation Award
The Business Development Bank of Canada and the Canadian Venture Capital Association today named Mirametrix, a software company that specializes in human computer interaction, the inaugural winner... more
Canada Has a Disease Called Risk-Aversion and It’s Going to Take a Cultural Shift to Propel Us Forward
It isn't news that Canada's culture is inherently risk-averse. This made our banking sector the envy of the world during the recent recession, but in the startup game, it's a hindrance. When... more
Aiming to Reverse Stigma of Business Failure, BDC Launches Entrepreneurial Resiliency Award
Today, the Business Development Bank of Canada launched the BDC Entrepreneurial Resiliency Award. This award is designed to recognize a Canadian business that has come back stronger after... more
PHEMI Raises $2.8 million to Transform Healthcare Delivery
PHEMI Health Systems announced today the closing of a $2.8 million seed-financing round which will allow it to commercialize PHEMI Clinical and PHEMI Central. Investors included BDC Venture... more
Smart Entrepreneurs are Paying Close Attention to the Huge Tech Transformation in Healthcare
Canadians lost a combined $1.1 billion, or an average of $1,202 per patient, as a result of lengthy waits for medically necessary health care in 2013, according to a new study released by the... more
Startups Continue to Innovate at Canada's Biggest Accelerators
As more and more accelerators pop up in Canada, critics are suggesting a bubble may be forming. True or not, the largest and oldest accelerators in Canada are consistently fostering innovative... more
Trulioo Nabs $6 Million in Venture Capital, Hits 100 Million Verifications
Identify verification startup Trulioo announced today it has raised $6 million in a Series A financing round. The round was led by New York-based Tenfore Holdings with participation by... more
A Startup's Guide to BDC Venture Capital's Convertible Notes Program
Although it has been around for a while now, some entrepreneurs still don't understand exactly what BDC Venture Capital's convertible note program. This guide is here to aid them. There are more... more
BDC VC Encouraged by CVCA Data, Notes 'Positive Trend' in Canadian Venture Capital
Data released today by Canada's Venture Capital & Private Equity Association shows a 31% increase in venture capital investments in 2013, with total venture capital financing reaching a... more
BDC and CVCA Launch Innovation Award for Canadian Startups
The Business Development Bank of Canada this morning launched the BDC Innovation Award. Launched in partnership with Canada’s Venture Capital & Private Equity Association, this new award... more
Vancouver's Axine Water Technologies Raises $5.6 Million Series A Round from BDC VC and Others
Axine Water Technologies has closed a $5.6 million Series A financing round. The Vancouver-based developers of a low-cost, chemical-free solution for treating high concentrations of problematic,... more
Communitech Hyperdrive Grad Tacit Innovations Raises $700,000 Seed Round from BDC and Others
Tacit Innovations has raised a seed round. Tacit, which graduated from the most recent cohort of Communitech's Hyperdrive accelerator, raised $700,000. The capital comes from BDC, Canrock,... more
Canada's Best Venture Capital Firm is Ready for a Roaring 2014 and Beyond
BDC Venture Capital took home the 2013 Canadian Startup Awards prize for Venture Capital Firm of the Year, handily beating out runner-up Omers Ventures. i sat down—virtually—with... more
Canadian Financing Forum Reveals List of Panelists
The Canadian Financing Forum is just two weeks away. Event organizers have revealed the panelists for the event, and if we can judge the forum based on its roster of speakers (and usually that is... more
BDC Announces 2014 Young Entrepreneur Award with $100,000 Prize
BDC has launched the 2014 edition of its Young Entrepreneur Award. Canadian business owners aged 18 to 35 can compete for a grand prize of $100,000. Specifically, BDC is looking for... more
BDC Launches New Awards to Recognize Canadian Entrepreneurs
The Business Development Bank of Canada today announced the launch of four new awards designed to promote and recognize Canadian entrepreneurs in four key areas: mentorship, innovation, resiliency... more
BuildDirect Raises $30 Million Series B Round
Vancouver's BuildDirect announced this morning that it has raised a $30 million Series B round led by Mohr Davidow Ventures and supported by Canadian investors including existing investor, BDC... more
Announcing the Winners of the 2013 Canadian Startup Awards!
    After six weeks of nominations and voting, the 2013 Canadian Startup Awards boils down to this one moment. The winners. This year we received nearly 36,000 votes, fully doubling... more
Canadian Startup Award Nominee Picatic Prevents Parties from Going Bust
Picatic has been nominated for a 2013 Canadian Startup Award in the Startup of the Year category. Let's investigate! At first blush, Picatic comes across as just another ticketing platform, along... more
Startup Awards Nominee BDC VC Forms the Backbone of Canada's Venture Capital Industry
BDC VC is a finalist for the 2013 Canadian Startup Awardsin the Venture Capital Firm of the Year category. But as you'll soon see, not all VC firms are created equal. For startsies, BDC VC... more
Canadian Startup Awards 2013 Nominee ePACT is a Master of Disaster
ePACT has been nominated for a 2013 Canadian Startup Award in the Accelerator Graduate of the Year category. Let's find out why. What would you do if an earthquake/forest fire/alien invasion hit... more
Vancouver Tech Startup Ecosystem Poised for a Big 2014, Experts Believe
Vancouver continues be a hub of innovation across tech sectors and 2014 is poised to build on city's momentum. "2013 was a pretty exciting year for the overall tech industry," says Andrew... more
BDC Venture Capital Invests $3 Million in Brand Creation Firm BrandProject
BDC Venture Capital this morning announced that it has invested $3 million in BrandProject LP. BrandProject is a new venture that invests in early-stage consumer products and technology... more
The Three Critical Elements to Startup Success
Ask any entrepreneur in the world: creating a startup and growing it into a legitimately successful, sustainable, long-term venture is difficult. At every stage, there is a myriad of obstacles... more
BDC VC Renews Partnership with NACO to Strengthen Canada's Angel Investing Ecosystem
Today BDC Venture Capital and the National Angel Capital Organization announced the renewal of their national partnership for the third consecutive year. The partnership focuses on strengthening... more
GrowLab's Farm at Hand Wins NACO Pitch Competition
Yesterday, six incubated startups pitched at a competitive event hosted by the National Angel Capital Organization. The startups were Transit App from FounderFuel; Viromo from Innovate Calgary;... more
Angel Investors Upping Their Ante in Canada, Say NACO and BDC Venture Capital
Angel investment activity in Canada increased last year, according to a recent survey by the National Angel Capital Organization. The survey, released in September, looked at investment activity... more
Edmonton Startup Lands Seed Funding from Peter Thiel’s Valar Ventures and Others
Edmonton's Granify announced today that it has secured $1.5 million in seed funding from Valar Ventures, iNovia Capital, Klass Capital, BDC, Extreme Startups, Social Starts and nine angel... more
Founderfuel Graduate Raises $500,000 from Real Ventures and BDC Venture Capital
Montreal startup MFive Labs announced this morning that it has raised a seed financing round of $500,000 led by Real Ventures and including BDC Venture Capital. MFive is a... more
Launch Academy and BDC Venture Capital to Work Together with Tech Startups in Gastown Office
Canada’s largest and most active institutional venture capital investor is moving into Launch Academy's headquarters in Gastown. BDC Venture Capital and Launch Academy this morning... more
Five Must-watch Trends Shaping the Future of Canadian Business
Five consumer trends will have a permanent impact on Canadians' buying habits and create growth opportunities for startups, according to a new research report released today by the Business... more
Foreign Venture Capital Taking Note of Canadian Startups, Trend Poised to Continue
Canada has a solid roster of venture capital firms: funds like iNovia Capital, Relay Ventures, and Omers Ventures regularly invest in local technology startups and inject valuable capital into our... more
Canadian Startup Tapstream Raises $700,000 Seed Round Led by BDC
Tapstream announced this morning that it has raised a $700,000 seed round. The round was led by BDC and included a number of strategic angel investors, the Victoria-born startup says. Tapstream... more
98% of Businesses in Canada Have Fewer Than 100 Employees [Infographic]
This morning BDC revealed an infographic that proves small business is big business in Canada. Curating a variety of sources, BDC's infographic—which celebrates BDC Small Business Week from... more
BDC Venture Capital Adds $135 Million to Healthcare Fund, Broadens Investment Strategy
In a recent article about why entrepreneurs shouldn't ignore the massive transformation happening in healthcare technology,  senior managing partner of the BDC Healthcare Venture Fund Dion... more
Why Entrepreneurs Shouldn't Ignore the Massive Transformation Happening in Healthcare Technology
Forget the billion dollar market. A technology startup in the healthcare space today has the potential to tap into a $10 trillion market that is still growing steadily at 10% per annum. That kind... more
Everything You Need to Know About BDC Venture Capital's Convertible Notes Program
Waves splashed in the startup world recently when Montreal-based indie game accelerator Execution Labs joined BDC Venture Capital's convertible note program. That's because it's just the sixth... more
Beyond the Rack: A Venture Backed Canadian Success Story
The Fairmont Banff Springs Hotel is hosting the Banff Venture Forum this year on September 26 and 27, 2013. Recognized as one of Canada’s premier company financing events, the Banff Venture... more
Why All Startups Need an Operating Plan
You have raised your first round or seed round of financing and you’re off the races. You are deep into hiring and product development. One of your investors may ask about an Operating Plan.... more
Canadian Ideation Hub TandemLaunch Secures $5 Million from BDC Venture Capital
Montreal-based ideation company TandemLaunch has raised $5 million in venture capital funding from BDC Venture Capital. TandemLaunch scouts, accelerates and commercializes early-stage technologies... more
Smart, Scalable Technologies Opening New Doors for Canada's Cleantech Sector
The energy and cleantech sectors are increasingly looking to technological innovation to make better, more efficient use of valuable and scarce resources such as water and electricity. This kind of... more
BDC Invests a Total of $1.5 Million in 10 Canadian Accelerator Graduates
BDC Venture Capital, frequent providers of $150,000 convertible notes for startups, is announcing $1.5 million in support of 10 Canadian accelerator graduates today. In today’s news it... more
Montreal's WhatsNexx Raises $2.3 Million from BDC Venture Capital and Others
Montreal-based WhatsNexx, a provider of cross-channel marketing automation software, this week raised its second round venture capital financing in the amount of $2.33 million. The... more
AFORE Secures $6 Million from BDC Venture Capital to Accelerate Cloud Strategy
Ottawa's AFORE Solutions announced today that it has closed a $6 million financing round from a group of investors led by the BDC Venture Capital IT Fund. "As cloud computing adoption continues... more
BDC Venture Capital Injecting $100 Million into Cleantech Startups in Canada
BDC Venture Capital announced this morning its intention to invest more than $100 million into current and future scalable energy and cleantech opportunities, a move it says will help support its... more
Waterloo's Auvik Networks Raises $6 Million from BDC Venture Capital IT Fund and Others
Waterloo-based Auvik Networks has secured a $6 million first round of funding from Celtic House Venture Partners, Rho Canada Ventures, BDC Venture Capital IT Fund, and its founders. The Canadian... more
BDC Venture Capital Partners with DFAIT to Expand Canadian Technology Accelerator Program in US
In recent months, Canadian tech accelerators have sprouted in New York, Boston and Philadelphia, with another in Denver scheduled to host its first cohort early next year. Canadian accelerators... more
Layer 7 Technologies Acquired for a Rumoured $180 Million
Two weeks ago Techvibes reported that Vancouver's Layer 7 Technologies was acquired by CA Technologies for an undisclosed sum. Today we know that the price tag was close to $200 million.... more
How Startups Can Make the Most of Their Demo Day
Toward the end of your journey through an accelerator program you'll present at a demo day. First off, don't let the name fool you. Nobody actually demos anything at these events; you'll just be... more
Get Distribution or Die Trying
When choosing an accelerator for your startup, one of the most important but least quantifiable aspects to judge it on is an ability to acquire partnerships to distribute your product to... more
BDC Offering $100,000 to Winner of Canada’s Young Entrepreneur Award
Canadian entrepreneurs 35 or younger will want to apply for BDC Canada’s Young Entrepreneur Award. The award includes a grand prize worth $100,000, with second place raking in $25,000 in... more
How Startups Can Get Real Product Feedback from Their Customers
If you get accepted into an accelerator it becomes easy to be distracted by seemingly important tasks. You'll be finding leads for your next raise, getting feedback from mentors about market... more
VendAsta Technologies Raises $8 Million Series B Round from Vanedge and BDC Venture Capital
Saskatoon-based VendAsta Technologies, a provider of white label digital brand management solutions, has raised $8.25 million in Series B funding from Vanedge Capital and BDC Venture Capital.... more
Note to Startups - Not All Mentors are Created Equal
Startups are hard and you are going to need help. Usually this comes in the form of mentors who can give advice to your startup and help you avoid the common pitfalls. However, "mentor" seems to... more
Which Accelerator, If Any, Should You Join?
Accelerators are great. They provide a network, guidance, funding, and perhaps even allow founders to cross that psychological boundary of being a "real company."  However, with the number of... more
BDC Venture Capital Invests in All Four GrowLab Graduates
Techvibes has learned that BDC Venture Capital, Canada’s largest institutional venture capital investor, has invested in all four of GrowLab's most recent graduating startups. BDC is... more
BDC Venture Capital Commits $10 Million to Atlantic Canada
Today BDC Venture Capital announced a commitment of $10 million to the Atlantic Canada Regional Venture Fund bringing the total amount committed to the fund to $50 million. Headquartered in... more
BDC Venture Capital IT Fund Promises Another $100 Million to Canadian Startups
The BDC Venture Capital IT Fund today announced that it intends to invest $100 million in "new commitments" over the "coming years." This builds on $50 million already committed to the sector.... more
BDC Venture Capital Becomes Startup Weekend Canada’s First National Partner
BDC Venture Capital announced this morning that they have reached an agreement with Startup Weekend to become the first-ever nationwide partner for Startup Weekend events taking place in Canada.... more
BDC Venture Capital Wins CVCA's Deal of the Year Award
Canada’s Venture Capital & Private Equity Association revealed today that BDC Venture Capital and New Brunswick Investment Management are the recipients of CVCA’s 2012 "Deal of the... more
Chaordix Closes $1.5 Million Series A Financing Round Led by Yaletown Venture Partners
Calgary's Chaordix announced today that it has secured Series A venture capital financing led by Yaletown Venture Partners and with participation by the Business Development Bank of Canada (BDC).... more
Blueprint Raises $15.9 Million in Growth Capital
Toronto's Blueprint announced today the completion of a growth capital round of funding totaling $15.9 million. The round was led by a new investor - Tandem Expansion Fund, with the participation... more
BDC Venture Capital Backs Accelerators Across Canada With Follow-On Funding
BDC Venture Capital announced today that it will issue up to $6 million in convertible notes over two years to graduates of Montreal's FounderFuel. Some 40 young enterprises from all over the... more
Toronto's SeaWell Networks Raises $5 Million from Northwater and BDC
Toronto-based startup and MaRS client SeaWell Networks, which develops multi-platform video delivery software for network operators, has announced that it's secured $5 million in Series B... more
2011 Venture Capital Deal of the Year Award goes to Radian6 investors
Canada’s Venture Capital & Private Equity Association announced today that Summerhill Venture Partners, Brightspark Ventures and BDC Venture Capital are the recipients of their 2011... more
Kalle Radage leaves BDC Venture Capital to join Vancouver's Payfirma
Vancouver's Payfirma announced today that Kalle Radage has joined the company as Chief Product & Strategy Officer. Radage was most recently with BDC Venture Capital and has spent time with... more
Need a ticket to the Grow Conference? Win one today from BDC
Need a ticket to the Grow Conference?  Grow sponsors are offering a few free tickets to some starving startups over the next week. Each day a new sponsor will give away tickets. Today's... more
C100 visits Quebec for Accelerate MTL
The C100,  Real Ventures, iNovia Capital and BDC Venture Capital have collaborated to bring the Montreal tech entrepreneur community a major event about the "What" and... more
Vanedge Capital announces its first closing of $100 Million Digital Media Fund
Vancouver's Vanedge Capital officially announced this morning the initial close of their Vanedge Capital I L.P. fund. Vanedge Capital is a sector specific fund that will focus on interactive... more
Vantrix Closes US$14 Million in Series C Financing
Montreal's Vantrix announced yesterday the completion of a US$14 Million Series C investment. The financing round was led by Tudor Ventures, the venture capital and private equity arm of Tudor... more
Switch Materials’ $11.6 million windows of opportunity
Every week Techvibes republishes an article from Business in Vancouver. This article was originally published in issue #1068 - April 13 - 19, 2010. After closing a $7.5 million Series B... more
Bycast bought by rival NetApp
Sunnyvale's NetApp announced today that it has entered into a definitive agreement to acquire rival Vancouver-based Bycast Inc. in an all-cash transaction. Founded more than 10 years ago, Bycast... more
SWITCH Materials closes $7.5M in Series B
Almost missed this financing announcement last week. Burnaby's SWITCH Materials Inc., an advanced materials company developing energy saving SMART window solutions, raised $7.5 Million in Series B... more
VEF hosts Venture Capital Outlook 2010
The Vancouver Enterprise Forum is presenting a panel discussion on the outlook for venture capital financing in 2010 on January 26th. After a couple of quarters of reduced investing, the VC... more
Government of Canada Announces $450 Million in New Funding for BDC
Great news for Canadian start-ups - Government of Canada announced major funding for BDC today: The Honourable Tony Clement, Minister of Industry, today announced that the Government of Canada... more
Tandem Expansion builts on BDC's $75 million
The Business Development Bank of Canada (BDC) announced today it has selected the manager of a new private sectorgrowth capital fund, Tandem Expansion Fund. The fund will provide financing to... more

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