BDC Capital

Founded in 1953, BDC Capital is a Canadian investment firm specializing in growth and expansion financing. It focuses on information technology, technology, energy, cleantech, and healthcare sectors across Canada.

Steven Abrams

Partner

Dinar Ahmed

Principal

Phil Anzarut

Partner

Nabil El Asraoui

Associate

Réjean Asselin

Assistant Vice President, Portfolio Management - Growth and Transition Capital

Lenka Baloghova

Associate

Dominique Bélanger

Managing Partner

Amine Benmoussa

Principal

Disha Bhargav

Associate

Jeremy Billan

Partner, Growth Equity Partners

Ela Borenstein

Vice President

Geoff J. Catherwood

Partner

Sara Cavalluzzi

Associate

Olivier Côté

Associate

Kristina D’Amico

Director, Fund Investments

Jack Fraser

Partner

Jonathan Goodkey

Principal

Nicolas Gravel

Partner

Saif Hashmi

Principal

Vivian Kan

Partner

Karim Kennedy

Director - Cleantech Practice

Leonard Kofman

Partner, Intellectual Property-Backed Financing

Siddartha Krishnan

Partner

Meryeme Lahmami

Associate

Charles Lespérance

Partner

Sandy Li

Associate

Mark Lunick

Senior Director, Growth and Transition Capital

Guillaume Mercier

Partner

Simon Mills

Director, Growth and Transition Capital

Claude Miron

Managing Partner

Alison Nankivell

Vice President

Katherine Nicanorova

Associate

Michael Notto

Partner, Growth Equity Partners

Jérôme Nycz

Vice President

Thomas Park

Partner

Jean-Philippe Poissant

Managing Director, Growth and Transition Capital

Salman Qadir

Senior Associate

Andrianiaina Rajaobelina

Principal

Karl Reckziegel

Vice President

Joseph Regan

Managing Partner

Lally Rementilla

Managing Partner, IP-Backed Financing

Susan Rohac

Managing Partner, Climate Tech Fund

Paul Ryan

Senior Director

Victor Scutaru

Managing Director

Robert Simon

Managing Partner

Matt Stanley

Partner, Climate Tech Fund

Stephanie Tadros

Associate

Zoltan Tompa

Senior Partner

Maxime Tourangeau

Partner, Growth Equity

Ron Warburton

Managing Partner

Brian Whiteway

Senior Director, Growth and Transition Capital

Angelo Zeni

Managing Director, Growth and Transition Capital

742 past transactions

Xaba

Seed Round in 2025
Xaba is a company focused on developing automated technology for sustainable manufacturing. It specializes in creating innovative processes, control systems, and materials that facilitate automation in manufacturing environments. By leveraging artificial intelligence, Xaba aims to enhance the performance and quality of produced goods while providing industries with safe and efficient manufacturing options. The company's solutions are designed to enable manufacturers to adopt sustainable practices, thereby improving overall operational efficiency and contributing to environmentally friendly production methods.

Blumind

Series A in 2025
Blumind develops an analog AI neural network architecture designed for low-power edge computing and provides inferencing engines for edge smart sensors and devices. The platform uses standard semiconductor technology to deliver real-time inference with minimal energy consumption, enabling always-on artificial intelligence at the edge. It supports features such as keyword detection, biometric pattern recognition, gesture identification, and image classification, allowing industries to deploy efficient AI on edge devices.

Cinareo

Pre Seed Round in 2025
Cinareo specializes in providing capacity planning and financial analysis solutions for multi-channel contact centers. It integrates and analyzes data to optimize staffing levels, improve service delivery, and support informed decision-making. The company's software balances staffing needs with desired customer experience levels, planning and managing employees across various service channels, including voice, email, in-person, and back office.

Healthkind

Pre Seed Round in 2024
Healthkind is a health technology company that develops an application aimed at enhancing communication between healthcare organizations and their patients. The application streamlines interactions by automating and personalizing communications, which allows healthcare teams to focus on delivering personalized care more efficiently. By alleviating the burden on busy healthcare professionals, Healthkind's solution enables clinics to improve patient engagement and care delivery at scale, ultimately fostering a more effective healthcare environment.

Planetary

Series A in 2024
Planetary Hydrogen is a company focused on producing clean hydrogen while capturing atmospheric carbon through innovative ocean alkalinity enhancement. The company develops advanced ocean-based carbon removal technologies designed to accelerate the natural carbon cycle. Its system works by purifying alkaline rock waste resulting from large-scale mining operations, extracting alkalinity, and introducing it into the ocean. This process aims to rebalance ocean chemistry and facilitate the carbon transition. Planetary Hydrogen is committed to removing one billion tonnes of carbon dioxide from the atmosphere by 2035, contributing to global efforts in combating climate change.

KOHO

Venture Round in 2024
KOHO Financial Inc. is a financial technology company founded in 2014 and headquartered in Toronto, Canada. The company offers a digital banking platform that provides low-cost banking services through a prepaid, reloadable Visa-backed debit card and a user-friendly mobile application. This platform enables customers to conduct day-to-day banking operations and includes features such as financial goal setting, cash flow projections, group spending management, and detailed spending insights. By equipping users with these tools, KOHO aims to simplify money management and enhance the overall banking experience for its customers.

Kahi

Seed Round in 2024
Kahi is the global asset tracking platform, designed for developers and solution providers to easily add beacon-based asset tracking to their product solutions. Kahi for Restoration is the first industry-specific solution built on Kahi, designed for Restoration Contractors to be able to track their equipment as they travel to-and-from job sites, allowing automation of invoicing, as well as understanding equipment availability.

Radiant Biotherapeutics

Series A in 2024
Radiant Biotherapeutics is a pioneering company developing a modular platform for creating multi-valent and multi-specific antibodies. This innovative approach aims to deliver transformative therapies for challenging diseases like cancer, autoimmune disorders, and infections by harnessing the power of avidity and multi-specificity.

Hexoskin (Carré Technologies)

Venture Round in 2024
Hexoskin develops smart clothing designed for health, fitness, and wellness. The company specializes in body-worn sensing technologies that incorporate sensors to capture various body metrics, including cardiorespiratory activity, physical activity, and sleep patterns. These metrics are transmitted in real-time to smartphones, allowing users to monitor their health status continuously. Hexoskin's garments facilitate the sharing of health data online, enabling digital health management and predictive health analytics through an integrated platform that communicates with various applications. This innovative approach empowers customers to take control of their health and wellness.

General Fusion

Venture Round in 2024
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Miru Smart Technologies

Series A in 2024
Miru Smart Technologies, formerly known as Click Materials, is a Vancouver-based company specializing in advanced materials, particularly in the development of electrochromic windows for residential, commercial, and automotive applications. Founded as a university spin-off, Miru leverages over a decade of academic and industrial research to innovate traditional thin film production. This advanced fabrication process is designed to provide superior performance at lower manufacturing costs compared to existing technologies. By focusing on strategic partnerships, Miru aims to integrate its window technology into the growing trends of connected smart buildings and voice-activated smart homes, contributing to reduced greenhouse gas emissions and enhanced energy efficiency.

Dreamwell AI

Pre Seed Round in 2024
Dreamwell AI is a SaaS platform that employs artificial intelligence to optimize influencer marketing campaigns. It helps brands maximize their return on advertising spend by identifying profitable campaign opportunities and collaborating effectively with influencers.

RainStick

Seed Round in 2024
RainStick is a company that has developed a WiFi-enabled shower system designed to significantly reduce water and energy consumption while maintaining a luxurious shower experience. Their innovative product recirculates and filters water, allowing users to save up to 80% in both water and energy usage. Additionally, the shower system includes features that track real-time water and energy savings, providing users with insights into their consumption patterns. By focusing on sustainability and advanced shower technology, RainStick aims to transform traditional showering practices into an eco-friendly experience.

Sanctuary Cognitive Systems Corporation

Venture Round in 2024
Sanctuary AI, founded in January 2018 and based in Vancouver, Canada, is focused on developing synthetic humans, referred to as "synths." The company's mission is to create robots that are indistinguishable from humans in physical appearance, cognitive abilities, and emotional responses. In addition to advancing cutting-edge technology, Sanctuary AI is committed to addressing the ethical implications associated with the creation of human-like machines.

Manac

Post in 2024
Manac is a manufacturer and designer of aluminum semi-trailers, catering to various sectors including transportation, construction, energy, mining, forestry, and agriculture. The company offers a diverse range of products, including vans, flatbeds, and specialized trailers such as dumps, low beds, grain hoppers, chassis, and trailers for chips and logging. With a focus on the heavy trailer industry, Manac positions itself as a key player in providing durable and efficient solutions for road transport and related applications.

AlumaPower

Series A in 2024
AlumaPower specializes in creating an innovative aluminum-based energy solution that offers carbon-free energy. The company has developed a portable power generator designed to convert recycled aluminum into a long-lasting, zero-emission energy source. This technology employs a patented process to extract energy from recycled aluminum, targeting business-to-business partners who require extended-duration power solutions. These solutions range from home backup power systems to electric vehicle range extenders for rapid mechanical recharging.

Maxa AI

Series A in 2024
Maxa AI provides enterprise AI software that enhances financial and operational performance for mid-sized and large organizations. Its platform runs alongside existing ERP and transactional systems, using machine learning to monitor, forecast, and optimize financial data and to convert siloed information into actionable insights. It delivers hyper-automation with a standardized semantic layer within the Snowflake Data Cloud, enabling automatic generation of insights at lower cost while supporting past, present, and future analytics. The result is a unified tool for financial and operational decision-making that helps businesses gain faster, deeper visibility into performance.

Forcen

Series A in 2024
Forcen develops and manufactures force-sensing film for various industries, including surgical robotics, industrial robotics, and aerospace. Its film can be integrated into parts or assemblies of devices in these sectors, providing real-time force feedback. Founded in 2015, the company is headquartered in Toronto, Canada.

Science&Humans

Debt Financing in 2024
At Science & Humans we use evidence-based practices to transform human life. We know that beautifully aging is possible. We also know that the effects of aging on the mind, body and soul can dampen the spirit, leaving you demotivated and feeling older than you are. Thanks to modern science, early detection and treatment of a hormone imbalance restores energy levels, leaves the skin glowing, improves longevity and increases vitality in every aspect of life. S&H is a platform that works everyday to reduce the gap between Science and Humans. We transform lives through scientifically-proven products, treatments, clinical services, and devices that help manage hormone imbalances. The results are transformative, and it shows.

MarineLabs

Seed Round in 2024
MarineLabs is a technology company that specializes in providing real-time data on marine mobility and coastal intelligence. Their platform integrates high-resolution information from a network of compact, rugged, cloud-connected marine sensors, which enables clients to quantify marine hazards and optimize maritime operations. By utilizing advanced processing algorithms to analyze wind and wave data, MarineLabs enhances marine safety and promotes coastal resilience. The CoastAware platform is designed for accessibility, allowing users to access maritime data through web, mobile, and API interfaces. MarineLabs is committed to being a reliable partner for its clients, emphasizing trust and collaboration in its operations.

Félix & Paul Studios

Venture Round in 2024
Felix & Paul Studios, founded in 2013 and based in Montreal, Canada, specializes in the production of cinematic virtual reality experiences. The studio, led by directors and visual artists Félix Lajeunesse and Paul Raphaël, has established a reputation for its pioneering approach to virtual reality storytelling. It has developed a proprietary 3D 360º camera and corresponding software that set industry standards for quality in VR filmmaking. The studio creates both original content and collaborates with existing intellectual properties, offering audiences deeply immersive experiences that evoke strong emotional responses. Notable projects include collaborations with Oculus, Universal Studios, and Cirque du Soleil Media, showcasing the studio's commitment to high-quality, innovative storytelling in virtual reality. With a dedicated team of artists, software developers, and engineers, Felix & Paul Studios continues to lead the evolution of this emerging medium.

Thentia Cloud

Series B in 2024
Thentia Cloud is a leading company that specializes in providing regulatory, compliance, and governance database services. The company leverages proprietary technology to assist regulatory bodies in efficiently meeting their obligations. Thentia serves a diverse range of clients across Canada and the United States, offering cutting-edge software solutions and industry-leading expertise in regulatory standards. Their product suite includes a secure, user-friendly platform for regulators and a cloud-based compliance solution designed for private businesses, boards of directors, committees, executive teams, and stakeholders. This enables both public and private entities to maintain high standards of regulatory excellence in a timely and professional manner.

Xaba

Seed Round in 2024
Xaba is a company focused on developing automated technology for sustainable manufacturing. It specializes in creating innovative processes, control systems, and materials that facilitate automation in manufacturing environments. By leveraging artificial intelligence, Xaba aims to enhance the performance and quality of produced goods while providing industries with safe and efficient manufacturing options. The company's solutions are designed to enable manufacturers to adopt sustainable practices, thereby improving overall operational efficiency and contributing to environmentally friendly production methods.

LeddarTech

Post in 2023
LeddarTech develops advanced detection and ranging systems using infrared LEDs and algorithms. It offers off-the-shelf smart sensor modules for various applications such as traffic management, autonomous vehicles, smart homes, and agriculture. The company provides interconnected sensor solutions for infrastructure, pollution monitoring, mobility, and traffic management in cities.

InPho

Seed Round in 2023
Revolutionary optical data connections for the high performance cloud

4AG Robotics

Series A in 2023
4AG Robotics develops robotics and vision systems that automate repetitive, hazardous tasks across industrial and agricultural settings. Its solutions improve throughput, quality, and safety in sectors such as food, medical devices, transportation, forestry, and mushroom farming, where robots perform picking, trimming, and packaging. The company focuses on vision‑guided automation to increase yields and operational efficiency.

Ambyint

Venture Round in 2023
Founded in 2004, Ambyint specializes in artificial lift optimization solutions for the oil and gas industry. Its flagship product, the Ambyint Production Optimization Platform, combines advanced physics-based analytics with AI to automate operations, enhance production, reduce operating costs, and predict failures across various well types.

Arteria AI

Series B in 2023
Arteria AI develops a contract lifecycle management platform for end-to-end digital contracting in large organizations. Its platform enables users to generate, negotiate contracts, and convert executed contracts into data for analysis, helping clients identify issues, opportunities, and drive organizational value.

Miovision

Venture Round in 2023
Miovision Technologies Inc., established in 2005, specializes in traffic data collection and management solutions. Based in Kitchener, Canada, with an additional office in Cologne, Germany, the company serves traffic data collection firms, engineering firms, and government agencies globally. Miovision offers a suite of products, including Miovision Central for project management, Scout devices for data collection, and Miovision Traffic Data for analysis. Additionally, they provide tools to monitor and manage traffic signal performance, and Teal, a platform for goal tracking. Their solutions leverage computer vision and AI to help cities optimize traffic flow, reduce environmental impacts, and enhance transportation experiences for all users.

Cognota

Series A in 2023
Cognota is an operations platform designed specifically for Learning & Development (L&D) teams. It streamlines training request management, enhances project planning, facilitates content creation, and improves collaboration with subject matter experts. By consolidating these functions onto a single platform, Cognota boosts L&D team productivity across various industries.

GHGSat

Series C in 2023
GHGSat specializes in global emissions monitoring services using proprietary remote-sensing technology. It measures greenhouse gas, air quality gas, and other trace gas emissions from industrial facilities worldwide, providing actionable insights for businesses to make strategic decisions towards sustainability.

FlipGive

Venture Round in 2023
FlipGive is a team funding platform focused on transforming how youth sports teams raise money. The company enables members to pool their spending as a group, earning cash back from everyday purchases such as groceries, gas, clothing, equipment, dining, and travel. By creating a direct digital channel between more than 700 merchant partners and the North American youth sports market, FlipGive aggregates the traditionally fragmented market, allowing teams to manage their funds and collect donations efficiently. This innovative approach simplifies fundraising for youth sports teams, making it easier for them to secure financial support while fostering customer loyalty for participating brands.

InnerSpace

Series A in 2023
InnerSpace Technologies Inc., established in 2014 and headquartered in Toronto, Canada, specializes in indoor mapping and navigation solutions. It offers a turnkey platform that automatically generates maps and locates people and objects within indoor spaces using advanced mapping technology, smartphone-compatible sensors, and machine learning. The company's location-as-a-service provides contextual maps and positioning data on a subscription basis, catering to both enterprise and consumer needs. With a global presence, InnerSpace serves clients primarily in the United States, Europe, Asia, and Canada, helping them make informed decisions about space utilization and corporate real estate.

Rhetorik

Debt Financing in 2023
Rhetorik Ltd. is a direct marketing agency based in Wokingham, United Kingdom, specializing in the information technology (IT) and telecommunications sectors. Founded in 1994, the company provides comprehensive intelligence and databases that include contact information for senior management and enterprise users across Europe, particularly in the UK and Republic of Ireland. Its flagship product, the NetFinder database, offers access to over one million business and government contacts, facilitating targeted lead generation and improved marketing performance for clients. Rhetorik also maintains strategic alliances with prominent companies, enhancing its service offerings. As a member of the European Market Intelligence Group, Rhetorik delivers research-verified data and insights that help marketing and sales professionals effectively deploy ICT products and services.

Carbon Upcycling

Series A in 2023
Carbon Upcycling is a carbon technology company focused on decarbonizing hard-to-abate industries through its patented technology. This innovation allows for the permanent storage of carbon dioxide in industrial byproducts and minerals, effectively transforming them into high-performance alternative materials for cement and concrete. By doing so, Carbon Upcycling aims to significantly reduce the carbon footprint of industrial processes while diverting materials from landfills, thereby supporting a circular economy. The company has garnered international recognition for its advancements, being awarded the Carbon XPrize’s X-Factor, named NRMCA’s 2023 Innovative Company, and included in Cleantech Group’s Global Cleantech 100 and Foresight 50’s Canada’s Most Investable Cleantech Ventures.

Solink

Series C in 2023
Solink is a security platform focused on capturing and auditing video and transactional data to proactively reduce fraud. The company provides a data-driven solution that integrates cloud video surveillance with point-of-sale systems, allowing clients to monitor daily operations in real time. By automatically matching in-store transactions to video footage, Solink's platform helps users identify suspicious events and manage loss prevention effectively. Additionally, it aids in optimizing business operations and ensuring compliance with policies and standards, enabling clients to access and secure all their locations remotely.

Augmenta

Seed Round in 2023
Augmenta is motivated by the belief that generative methods enable a revolution in the way people function and approach. They provide the construction industry with the ability to design buildings more efficiently and at a lower cost, enabling a future of sustainable buildings, cities, and infrastructure. Their designs are NEC and customer specification compliant, use real parts, are fully constructible and optimized for prefabrication.

Innovation Kapital K

Debt Financing in 2023
Innovation Kapital K converts concepts into clever solutions by acting as an artificial intelligence. Creating custom AI solutions that will drive your development and satisfy your particular company needs.

Veerum

Series B in 2023
Veerum Inc., founded in 2014, is a Calgary-based company specializing in Industrial Internet of Things (IIoT) solutions. It develops an AI-driven platform that predicts and resolves project issues throughout the lifecycle of design, fabrication, and construction. Veerum creates digital replicas of physical capital projects using sensor technology.

BenchSci

Series D in 2023
BenchSci is a developer of a research intelligence platform that leverages artificial intelligence and machine learning to enhance the efficiency of biomedical research. The company's technology translates both closed and open-access data into actionable recommendations for specific experiments, particularly in antibody extraction. By streamlining the experimental process, BenchSci allows researchers and scientists to conduct successful experiments more quickly and with reduced resource wastage. The platform is utilized by pharmaceutical companies and over 4,300 research centers globally, significantly contributing to the acceleration of drug discovery and biomedical advancements.

Spellbook

Seed Round in 2023
Spellbook is a legal software startup that develops an AI-powered contract drafting platform for lawyers, using large language models like GPT-4 and legal datasets to improve contracting performance. It provides automation and online collaboration tools that help draft and review contracts faster, automate document creation, streamline routine legal tasks, and manage clients' minute books in a shared workspace. The platform reduces inefficiencies in client intake and enhances service delivery for law firms by enabling faster, more consistent drafting and collaboration.

Stathera

Series A in 2023
Stathera specializes in manufacturing oscillator boards that deliver ultra-stable, low-jitter output. Its MEMS-based oscillators replace quartz ones, offering benefits such as simplified system design, miniaturization, reduced power consumption, and lower cost. This technology serves various applications like wearables and smartphones, helping clients enhance product reliability and longevity.

ChrysaLabs

Series A in 2023
ChrysaLabs is a Montreal-based company established in 2017 that specializes in developing innovative technology for soil analysis. The company has created a portable probe that allows for real-time measurement of soil nutrients and health, providing valuable insights for producers and agronomists. This advanced optical technology can assess soil properties at various depths without the need for sample preparation, enabling users to directly evaluate available nutrients in the field. In addition, ChrysaLabs offers a management platform that facilitates data access and enables informed decision-making to enhance fertilizer management and optimize crop yields.

Bonsai Micro

Seed Round in 2023
Bonsai Micro is a fabless semiconductor company that develops network infrastructure for next-generation wireless networks. It focuses on advanced wireless technology and leverages RF and millimeter-wave design, mixed-signal circuitry, and machine-learning techniques to deliver high performance and energy efficiency for wireless networks.

Wingmate

Seed Round in 2023
Wingmate is a company that provides innovative sales and service solutions tailored for commercial service businesses with field teams. It has developed a lead generation platform designed to streamline the process of converting business opportunities into potential leads, eliminating traditional pen-and-paper methods. The platform empowers front-line teams to capture leads and business opportunities, which are then routed to the sales team. This system includes features such as real-time communication and geo-tagged voice notes, allowing clients to effectively harness their customer knowledge and capture new leads through mobile tools. Wingmate's solutions aim to enhance the efficiency and effectiveness of sales processes for businesses operating in the field.

Kepler Communications

Series C in 2023
Kepler Communications designs, develops, and operates satellite networks for global connectivity. It specializes in Low-Earth Orbit (LEO) satellites, PolarConnect for extreme environments, Global Data Service for large data transfers, and everywhereIOT for IoT devices. Serving industries such as maritime, natural resources, research, defense, and logistics.

Graphite Innovation & Technologies

Series A in 2023
Graphite Innovation & Technologies develops sustainable marine coatings for ships by applying nanotechnology to create durable, environmentally friendly paints that reduce fuel consumption and greenhouse gas emissions. The company’s marine coating systems are designed to be hydrophobic and hard, discouraging marine growth and minimizing hull drag as vessels pass through water. Its solutions aim to deliver peak vessel efficiency while avoiding harmful leaching substances common in traditional coatings. In addition to coatings for seafaring vessels, the company explores advanced engineered materials based on graphene and related nanomaterials to lower production costs and enable customized performances aligned with customers’ sustainability objectives. With existing ocean-going ships utilizing its technology, Graphite Innovation & Technologies seeks to ramp production worldwide and position itself as a disruptor in the marine coatings market by combining high-performance materials with environmentally responsible formulations.

Omy Laboratoires

Venture Round in 2023
Omy Laboratoires develops and manufactures personalized cosmetic skin-care products through an AI-based skin analysis system and operates an e-commerce platform for skincare and beauty products. The company employs artificial intelligence, advanced diagnostics, and three-dimensional skin analysis to design and produce customized, vegan skincare formulations made from natural ingredients, with products created under the guidance of dermatologists.

Brizo Data

Series A in 2023
Brizo FoodMetrics is a leading data and analytics provider for the foodservice industry. Brizo helps the most competitive restauranteurs and restaurant vendors make better informed decisions and win their market.

Libro

Venture Round in 2023
Libro operates a software-as-a-service (SAAS) platform designed for online reservation and table management systems tailored for the restaurant industry. The platform simplifies the reservation process for both restaurant owners and diners by providing branded services that help fill tables, manage bookings, and reduce no-shows. Additionally, it enhances customer engagement and the overall guest experience. By allowing restaurateurs to manage the entire online reservation process and retain customer information, Libro eliminates the need for costly commission fees associated with third-party reservation services.

Haply

Seed Round in 2023
Haply is a robotics company that specializes in the development of haptic devices and sensor technology aimed at enhancing robotic control and interfaces, particularly in medical training and gamification. The company's innovative products leverage rapid manufacturing techniques to create effective surgical simulation tools, allowing users to engage in a wide range of procedures through advanced force feedback systems. By providing prototyping, firmware, and virtual learning assistance, Haply aims to improve the training experience for medical professionals and facilitate the integration of robotics in various applications.

Congruence Therapeutics

Series A in 2023
Congruence Therapeutics is a biotechnology company that integrates computational and experimental drug discovery to design novel small molecules for diseases of protein misfolding, using structural bioinformatics, computational chemistry, and machine learning to identify and optimize pharmacological stabilizers at accelerated pace and scale to correct disease pathogenesis.

Puzzle Medical Devices

Series A in 2023
Puzzle Medical Devices develops innovative heart pump solutions to treat advanced heart failure. Its flagship product, ModulHeart, is a modular percutaneous device designed to reduce cardiac afterload and improve renal perfusion. The device's unique design enables safe percutaneous implantation, supporting both renal and cardiac function with low risk of complications. Puzzle Medical has successfully completed its first-in-human study, demonstrating improvements in cardiac and kidney function.

Xaba

Seed Round in 2023
Xaba is a company focused on developing automated technology for sustainable manufacturing. It specializes in creating innovative processes, control systems, and materials that facilitate automation in manufacturing environments. By leveraging artificial intelligence, Xaba aims to enhance the performance and quality of produced goods while providing industries with safe and efficient manufacturing options. The company's solutions are designed to enable manufacturers to adopt sustainable practices, thereby improving overall operational efficiency and contributing to environmentally friendly production methods.

Shoelace Learning

Seed Round in 2023
Shoelace Learning develops educational software that delivers research-based, adaptive reading comprehension practice through engaging multiplayer games. Its platform motivates children to learn while providing teachers with tools to assess progress, identify skill gaps, and create assignments.

Shoelace

Seed Round in 2023
Shoelace offers a software solution that enables online merchants to easily conduct retargeting campaigns. The company helps fast growing Shopify brands boost sales by showing the right customers, the right ads at the right time with customer journey retargeting. Shoelace was founded on 2015 and is headquartered in Toronto, Ontario.

Levr.ai

Grant in 2023
Levr.ai is an online financial software platform that streamlines the process of applying for business loans. It simplifies and accelerates loan applications by providing built-in templates and directories that assist businesses in gathering and creating necessary documentation. The platform also ensures secure and private storage of sensitive financial and business documents, allowing users to upload, organize, track, and discuss all required materials in one centralized location. This comprehensive approach enables businesses to manage their loan application process efficiently and obtain funding quickly.

Three Ships Beauty

Seed Round in 2023
Three Ships is a skincare company that also provides services. They believe that all beauty products should be completely natural and inexpensive.

Burai

Venture Round in 2023
Burai is a developer of a cloud-based software-as-a-service (SaaS) platform designed to enhance project document management for enterprises, including small and medium businesses in structured technical environments. The platform addresses the complexities of managing and collaborating on project documents throughout their lifecycle, from conception and publishing to archiving. By providing a secure and reliable web platform, Burai enables organizations to streamline their document processes and improve collaboration, ensuring that critical project information is effectively organized and accessible.

Resolute Health Corporation Limited

Private Equity Round in 2022
Resolute Health Corporation Limited is a health care service provider primarily focused on patients with snoring issues and sleep apnea.

DarwinAI

Series A in 2022
DarwinAI Corp. is a Canadian company that specializes in artificial intelligence technology, particularly in the development of deep neural networks for enterprise applications. Founded in 2017 and based in Waterloo, the company offers GenSynth, a software platform designed for developers and data scientists to streamline the deep learning development process. GenSynth employs generative synthesis technology, allowing for the automatic creation of optimized, explainable AI models that meet specific performance criteria while ensuring transparency throughout the development stages. Additionally, DarwinAI has developed an AI-powered visual quality inspection system aimed at enhancing the PCBA manufacturing lifecycle. This system leverages specialized optics and advanced algorithms to detect defects in products, improving quality and consistency while reducing costs for manufacturers.

WeTraq

Seed Round in 2022
WeTraq develops AI‑powered IoT solutions that help seniors live independently and safely in their homes. Its patent‑pending software monitors health and activity, alerts caregivers to critical events, and encourages community engagement. The platform aims to reduce caregiver burden while giving seniors dignity and peace of mind.

GoBolt

Series C in 2022
GoBolt, formerly known as Second Closet Incorporated, provides valet self-storage services that enable customers to store their belongings conveniently and securely. Founded in 2017 and based in Toronto, Canada, the company offers a comprehensive solution where customers can schedule pickups and returns of their items. GoBolt delivers boxes for customers to use for storage, then collects these items to be stored in a climate-controlled warehouse. The service is designed to be user-friendly, allowing clients to pay only for the space they utilize, making it an affordable option for those in need of storage solutions.

MineSense Technologies

Series E in 2022
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.

Acerta Analytics

Series B in 2022
Acerta Analytics Inc. specializes in machine intelligence solutions that analyze raw machine data to facilitate informed decision-making, particularly in the automotive sector. The company's flagship product, Acerta CHECK, employs statistical methods, data mining algorithms, and machine learning techniques to identify critical issues and anomalies in machine behavior. By assisting automotive manufacturers, including original equipment manufacturers and parts suppliers, Acerta helps improve quality control, reduce defects, and accelerate the market readiness of complex products. Additionally, the company's technology is applicable in aerospace for aircraft health management. Acerta's analytics platform empowers manufacturers to detect early signs of potential product failures, enhance root cause analysis, minimize scrap and rework, and continuously refine their processes. Founded in 2014 and based in Waterloo, Canada, Acerta is committed to transforming quality control through advanced artificial intelligence.

Symend

Series C in 2022
Founded in 2016, Symend is a global leader in digital debt recovery solutions. It empowers enterprises across financial services, telecommunications, and utilities sectors to optimize collection effectiveness through personalized engagements driven by applied behavioral science and AI.

Private AI

Series A in 2022
Private AI Inc., founded in 2017 and headquartered in Toronto, Canada, specializes in developing privacy-preserving machine learning and natural language processing tools. The company focuses on enabling organizations to securely analyze large datasets that contain sensitive information without compromising user privacy. Its technology excels in identifying, redacting, and generating synthetic personally identifiable information (PII) across more than 50 entity types and supports over 47 languages with an accuracy exceeding 99.5%. Private AI's solutions are designed to integrate seamlessly with clients' existing infrastructures, ensuring that their data remains secure and never leaves their environment. Through these innovations, Private AI aims to enhance the capabilities of developers while maintaining the highest standards of data privacy.

Xanadu

Series C in 2022
Xanadu, founded in 2016, is a company dedicated to advancing quantum computing technology, focusing on its societal implications and practical applications. The organization aims to provide quantum computing on demand, achieving significant computational enhancements beyond classical methods for complex real-world challenges. Xanadu operates a quantum photonic platform that integrates quantum silicon photonic chips with existing hardware, creating a comprehensive quantum computing solution. By combining the expertise of leading scientists with industry professionals, Xanadu seeks to develop scalable quantum technologies that are accessible to a wide range of users, enabling them to address various business problems efficiently.

Fictionary

Seed Round in 2022
Fictionary is a platform that provides editing software aimed at enhancing the storytelling process for writers and editors globally. The company specializes in tools that apply universal storytelling structures to individual scenes, facilitating easier editing and revision of manuscripts. Its software allows users to evaluate their work against established story elements, promoting a more creative and effective editing experience. By streamlining the editing process, Fictionary enables writers to produce quality stories more efficiently and affordably, thus connecting more effectively with their readers.

Intelligent City

Series A in 2022
Intelligent City is a Vancouver-based housing technology company that designs and constructs urban multi-family housing using a fully integrated platform that combines design, architecture, engineering and fabrication. It employs mass timber, automated manufacturing and proprietary parametric software to enable mass customization with low unit costs, delivering affordable, durable and sustainable housing for urban environments. The platform supports energy performance optimization including passive house standards and aims to address urban affordability, sustainability and resident needs. Founded in 2008, the company focuses on scalable urban housing solutions with emphasis on longevity and environmental and social sustainability.

Potloc

Series B in 2022
Potloc Inc. is a Montreal-based company that operates an online consumer insights platform, which was founded in 2014. The platform specializes in providing businesses with market insights through various survey methodologies, including web panels, phone surveys, and geo-targeted surveys utilizing social networks. This innovative approach allows Potloc to gather authentic consumer feedback and data on purchasing habits, helping companies predict customer retention and acquisition. Trusted by numerous leading brands and organizations, Potloc's platform enables retailers and businesses to effectively connect with their target audiences globally. With offices in Toronto, Paris, and Geneva, Potloc has established itself as a key player in the market research industry, delivering high-quality data insights that meet the specific needs of its clients.

Arteria AI

Venture Round in 2022
Arteria AI develops a contract lifecycle management platform for end-to-end digital contracting in large organizations. Its platform enables users to generate, negotiate contracts, and convert executed contracts into data for analysis, helping clients identify issues, opportunities, and drive organizational value.

Mara Renewables

Venture Round in 2022
Mara Renewables specializes in researching, developing, and commercially applying sustainable fermentation algal biotechnologies. Its focus is on producing plant-based nutritional ingredients to enhance human health and promote food security.

Vention

Series C in 2022
Vention is a cloud-based digital manufacturing platform that enables engineers and manufacturing professionals to design, order, and assemble custom factory equipment in days. It features a 3D Machine Builder with a library of modular structural, motion, and control components, including T-slot aluminum extrusion systems, and supports design, simulation, and ordering directly in a web browser. Its AI-enabled 3D constraints help optimize layouts and ensure feasible configurations, while the platform integrates design, programming, simulation, ordering, and commissioning in a single digital environment. Vention serves both experienced automation specialists and first-time designers, streamlining the creation of automated equipment for applications such as robot cells, tooling, conveyors, and other factory automation.

Periculum

Seed Round in 2022
Periculum develops an advanced data intelligence platform that leverages artificial intelligence and machine learning models. This platform processes large datasets, extracts meaningful insights, and automates data-driven workflows to enhance efficiency, optimize operations, and facilitate informed strategic decisions.

Talent.com

Series B in 2022
Talent.com is a platform that centralizes jobs available on companies'​ career websites, staffing agencies, or job boards. The company was founded in 2020 and is headquartered in Montreal, Quebec, Canada.

Noze

Series A in 2022
Noze specializes in digital odor perception technology, aiming to replicate the human sense of smell digitally. Utilizing advanced machine learning and an innovative sensor based on NASA technology, Noze detects and identifies odors with precision. Their primary goal is to improve patient outcomes by enabling real-time disease detection through breath-based biomarkers at any point-of-care.

Summit Nanotech Corporation

Series A in 2022
Summit Nanotech Corporation is a Calgary-based cleantech company developing direct lithium extraction technology for lithium producers, with modular systems designed for scalable deployment and a focus on sustainable, water-efficient operations. Founded in 2018, it collaborates with mining companies and lithium asset owners in Chile and Argentina to reduce environmental impact and lower costs compared with traditional methods.

Nord Quantique

Seed Round in 2022
Nord Quantique is a company that specializes in the development of advanced quantum processors utilizing second-generation technology. It focuses on creating superconducting circuits that effectively reduce errors at the individual qubit level, thereby addressing significant challenges within the quantum computing field. By enhancing the reliability and performance of quantum processors, Nord Quantique aims to unlock the full potential of quantum computing applications. This innovative approach facilitates a quicker transition to fault-tolerant quantum computers, ultimately providing businesses with improved capabilities in harnessing quantum technologies.

LeddarTech

Series D in 2022
LeddarTech develops advanced detection and ranging systems using infrared LEDs and algorithms. It offers off-the-shelf smart sensor modules for various applications such as traffic management, autonomous vehicles, smart homes, and agriculture. The company provides interconnected sensor solutions for infrastructure, pollution monitoring, mobility, and traffic management in cities.

Hydrodig

Debt Financing in 2022
Hydrodig is a provider of hydro-excavation services. Hydro-excavation is safer, faster, and more cost-effective alternative than excavating with heavy machinery or by hand around buried infrastructure.

MSP Corp

Venture Round in 2022
MSP Corp is an information technology services company that acquires and partners with high-performing managed service providers in Canada and the United States to supply resources, technology, and business support that enable MSPs to deliver better services. The company provides end-to-end secure managed services for on-premises and hybrid cloud environments, including cybersecurity, managed IT services, network support, helpdesk assistance, and procurement management. By integrating technology solutions and operational support, MSP Corp helps its partner MSPs scale, improve cybersecurity posture, and deliver comprehensive IT management for clients across diverse industries.

Livestock Water Recycling

Venture Round in 2022
Founded in 1989, Livestock Water Recycling specializes in manufacturing systems that recycle livestock waste. Its patented technology treats manure on-site, creating two distinct fertilizers and recovering clean water for precision nutrient application. Serving agricultural, industrial, municipal, and commercial environments across North America, the company aims to improve economic and environmental sustainability.

Eavor Technologies

Venture Round in 2022
Eavor Technologies develops geothermal technology for clean, baseload power generation. Its proprietary Eavor-Loop™ system harvests heat from deep earth using wells to produce brine from a subsurface aquifer, enabling scalable heating applications with minimal environmental impact.

eCamion

Venture Round in 2022
eCamion Inc. is a Canadian company based in Markham, Ontario, that specializes in developing and manufacturing energy storage solutions. Founded in 2009, eCamion focuses on the integration of lithium-ion battery systems for various applications, including energy storage for solar and wind power projects, as well as off-grid and microgrid solutions. The company also offers idling technologies, auxiliary power solutions, and electric vehicle charging stations. Beyond product offerings, eCamion provides energy management consulting services, which encompass strategic, commercial, and regulatory advice, along with pre-design, design consulting, and project management for industrial, commercial, and residential sectors. Additionally, the company supports its clients with financing options, custom design, engineering services, installation, and ongoing maintenance, primarily serving customers across North America.

TradeMango Solutions

Venture Round in 2022
TradeMango Solutions is an online furniture retailer serving Canada and the United States, offering sofas, dining tables and chairs, bedroom furniture, storage solutions, coffee tables, and mirrors. Founded in 2013 and based in Vancouver, the company focuses on durable, stylish, and affordable furnishings to help customers furnish their homes.

Excir

Venture Round in 2022
Excir is a company dedicated to the ethical and sustainable monetization of precious metals recovery. It develops innovative mining technology aimed at providing transparent methods for extracting these valuable resources, thereby enabling companies to enhance their value while minimizing their environmental impact. The focus is on the science, safety, purity, and scalability of the extraction process, which allows for sustainable mining practices from alternative sources. By prioritizing ethical considerations, Excir contributes to a broader social cause while ensuring that precious metals are refined responsibly and effectively.

League

Series C in 2021
League is a technology company specializing in next-generation healthcare consumer experiences. It offers a platform that creates personalized digital health experiences, driving measurable results.

GaN Systems

Venture Round in 2021
GaN Systems develops and manufactures gallium nitride power switching transistors for various applications. Its products include 650 V E-HEMT and 100 V E-HEMT transistors, serving consumer brand and enterprise equipment manufacturers globally.

PathFactory

Private Equity Round in 2021
PathFactory is a B2B content insight and activation platform that helps marketers deliver relevant content throughout the buyer’s journey. The platform enables on-demand, binge-worthy content experiences and tracks each buyer’s consumption to provide hyper-relevant, real-time content recommendations, accelerating the buying process and improving lead quality. By analyzing how content influences the path to purchase, PathFactory delivers actionable insights and signals about content performance across channels, enabling enterprises to optimize content delivery and measure its impact on revenue. Founded in 2012 and based in Toronto, Canada, PathFactory supports marketers seeking to shorten sales cycles and increase the efficiency of content-driven demand generation.

Clear Blue Technologies

Post in 2021
Clear Blue Technologies International Inc. is a company that specializes in developing and selling smart off-grid power solutions. It provides innovative products designed to power, control, monitor, and manage solar and hybrid power systems for various applications, including street lights, security systems, telecommunications, emergency power, and Internet of Things (IoT) devices. The company offers a range of solutions, including solar and wind controllers, telecom solar power systems, illumience cloud controls, Nano-grid power packs, and solar and wind-powered outdoor lighting systems under the Illumient brand. Additionally, Clear Blue Technologies provides remote power management services, enabling users to monitor and control their systems over the Internet. Headquartered in Toronto, Canada, the company operates in multiple regions, including Canada, the United States, the Middle East, and Africa, promoting environmentally friendly and cost-effective energy solutions.

Bridgit

Series B in 2021
Bridgit is a technology company that develops software for the construction industry, offering Bridgit Bench for resource planning and Bridgit Field for inspection, task and communication management. The platform helps contractors, developers, and builders manage workforce allocation, punch lists, deficiency tracking, and subcontractor coordination by aligning labor with availability and workload. Marketed as workforce intelligence for construction, Bridgit converts workforce data into actionable insights to support strategic and operational decision-making and improve project delivery and profitability. The company serves residential and commercial builders and partners with industry leaders. Bridgit was founded in 2014 and is headquartered in Kitchener, Canada.

ChefHero

Series A in 2021
ChefHero Inc. is a technology company based in Toronto, Canada, that provides a mobile and web application designed for businesses in the food service industry to order wholesale restaurant supplies from regional suppliers. Founded in 2015, ChefHero serves a diverse clientele, including restaurants, bars, coffee shops, food trucks, and catering services. The platform streamlines the procurement process, allowing users to efficiently source necessary supplies while enabling chefs and food service professionals to focus more on their culinary creations. By connecting businesses with a network of dedicated suppliers, ChefHero enhances operational efficiency in the food industry.

Swift Medical

Series B in 2021
Swift Medical develops a digital platform for wound care management. Its core product, Swift, enables healthcare providers to capture, share, and track patient wound images in real-time, facilitating accurate documentation and remote care.

Comet Biorefining

Series C in 2021
Comet Biorefining, Inc. is a Canadian company specializing in the development of sustainable ingredients and products derived from agricultural waste. It focuses on producing high-quality cellulosic glucose syrup, which is generated through its proprietary technology that converts materials such as wood, wheat straw, bagasse, and corn stover. This innovative approach provides a cost-effective and stable alternative to traditional food sugar sources. In addition to glucose syrup, Comet Biorefining offers plant dietary fibers and animal nutrition products. The company also provides biomass conversion and pretreatment services, alongside a range of consulting and project development services aimed at enhancing process technology and business development within the renewable biofuels and biochemicals sectors. With a demonstrated capacity for production at a small scale, Comet is actively pursuing commercial scale-up and partnerships to further its impact in the renewables industry.

SkyWatch

Series B in 2021
SkyWatch is a company that offers a digital infrastructure for the distribution of Earth observation data and derived intelligence. Founded in 2014 and headquartered in Waterloo, Ontario, it has developed a satellite data intelligence platform that aims to make satellite data accessible to a wide range of users. The platform enables developers to integrate Earth observation data into their applications and workflows efficiently, supporting various applications such as crop monitoring, market prediction, tracking of ships and airplanes, and measuring global warming. By providing tools for data analysis and access to remote sensing datasets, SkyWatch empowers users to leverage satellite data for diverse purposes.

Smart Skin Technologies

Venture Round in 2021
Smart Skin Technologies Inc. is a technology development company founded in 2009 and headquartered in Fredericton, Canada, with an additional office in Munich, Germany. The company specializes in the development and commercialization of innovative pressure-sensitive skin technology. Its flagship product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation across various packaging formats, including glass, cans, and PET. Smart Skin Technologies is also focused on advancing its patent-pending pressure sensing technology for applications in industrial settings and sports, showcasing the versatility and potential of its unique touch-sensitive materials across multiple verticals.

Clir Renewables

Series B in 2021
Clir Renewables Inc. is a company that specializes in cloud-based renewable energy asset management and reporting software. Founded in 2016 and headquartered in Vancouver, Canada, with an additional office in Glasgow, United Kingdom, Clir's software-as-a-service platform is designed to assist asset managers and owners in optimizing the performance and profitability of renewable energy plants. By integrating deep domain expertise with artificial intelligence, Clir’s platform enhances annual energy production, monitors asset health, and effectively manages financial and technical risks associated with renewable energy assets.

Expeto

Convertible Note in 2021
Expeto is a pioneering developer of a Private Mobile Networking (PMN) platform that empowers enterprises to seamlessly extend both public and private mobile networks into a secure corporate wide area network (WAN). This innovative platform allows businesses to maintain control over their data and devices, distinguishing itself from traditional hardware-heavy solutions. Expeto's software is designed for easy installation and management, whether deployed in the cloud, at the network edge, or on-premises. Offered as an affordable service, the platform simplifies the deployment and management of connected devices, enabling enterprises to oversee all operational aspects—from logistics to analytics—within the security of their own private network without dependence on third-party systems.

KOHO

Series C in 2021
KOHO Financial Inc. is a financial technology company founded in 2014 and headquartered in Toronto, Canada. The company offers a digital banking platform that provides low-cost banking services through a prepaid, reloadable Visa-backed debit card and a user-friendly mobile application. This platform enables customers to conduct day-to-day banking operations and includes features such as financial goal setting, cash flow projections, group spending management, and detailed spending insights. By equipping users with these tools, KOHO aims to simplify money management and enhance the overall banking experience for its customers.
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