BDC Capital Corporation

BDC Capital Corporation is a prominent loan and investment company based in Wakefield, Massachusetts, recognized for its leadership in business lending and capital investment over the past 60 years. The organization specializes in providing financing solutions to small and mid-sized businesses, offering a variety of options including lines of credit, debt restructuring, private equity financing, mezzanine financing, and support for business acquisitions and expansions. With a strong commitment to fostering growth, BDC Capital has invested over $1 billion in thousands of companies across New England, supported by investments from leading financial institutions in the region.

John L Hackett

CFO

Past deals in British Columbia

Mangrove Lithium

Venture Round in 2025
Mangrove Lithium, based in Vancouver, has developed a modular and scalable refining technology for the efficient production of battery-grade lithium hydroxide and carbonate from a variety of input streams. This innovative platform allows for the direct conversion of lithium chloride and lithium sulfate into high-quality lithium products. The technology can be adapted to different capacities and is designed to be co-located with upstream lithium producers, as well as cathode and cell manufacturers. Additionally, Mangrove’s platform is being commercialized for the conversion of waste brines into valuable chemicals and desalinated water, contributing to more sustainable practices in the lithium supply chain.

General Fusion

Series F in 2023
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.

Ekona

Series A in 2022
Ekona Power Inc. is a Vancouver-based company focused on producing industrial-scale hydrogen through innovative renewable energy generation technology. The company utilizes methane from feedstock to create clean hydrogen and electrical power by converting natural gas into hydrogen, clean energy, and carbon dioxide. This solution caters to industrial hydrogen consumers as well as natural gas transmission and distribution companies, offering a low-cost approach to accessing clean energy for various industrial processes.

Mobify

Series A in 2016
Mobify Research and Development, Inc. is a mobile customer engagement platform that enhances and manages relationships between retailers and their connected customers. Founded in 2007 and headquartered in Vancouver, Canada, with additional offices in Chicago and Reading, Mobify specializes in Progressive Web Apps, enabling brands to improve conversion rates on mobile devices. The platform offers a suite of solutions, including tools for personalizing customer engagement through big data, managing mobile interactions from a centralized location, and optimizing app performance for developers. Prominent global brands such as Lancôme and Carnival Cruise Line utilize Mobify's services to foster customer loyalty and drive revenue growth. As a subsidiary of salesforce.com, Mobify continues to support retailers in meeting evolving customer expectations and maintaining a competitive advantage in the market.

LemonStand

Seed Round in 2016
LemonStand is an eCommerce software provider that specializes in offering customizable solutions to mid-sized merchants. Founded in 2010 and based in Vancouver, British Columbia, the company focuses on helping online retail brands enhance their user experience through a flexible platform. This platform allows web developers to tailor various aspects of the online shopping experience, including the checkout process, using front-end development tools and frameworks. By prioritizing both development enjoyment and operational ease, LemonStand aims to meet the diverse needs of its customers while supporting their growth in the competitive eCommerce landscape.

Acuva

Seed Round in 2016
Acuva Technologies Inc., founded in 2014 and headquartered in Vancouver, Canada, specializes in developing water treatment equipment utilizing ultraviolet light-emitting diode (UV-LED) technology. The company focuses on creating compact, modular, and scalable drinking water purification systems designed for low to moderate volumes of water. Acuva's systems effectively use short-wavelength radiation to inactivate microorganisms, including viruses and bacteria, by targeting and disrupting their DNA and nucleic acids. This process ensures the delivery of safe and hygienic drinking water, addressing the need for reliable water purification solutions in various applications.

General Fusion

Venture Round in 2015
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.
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