BDC Capital

BDC Capital Inc. is the private equity and venture capital arm of the Business Development Bank of Canada, established in 1975 and headquartered in Montreal. The firm specializes in direct investments and fund of funds, focusing on a broad spectrum of financing options including venture capital, growth equity, and mezzanine investments. It primarily targets small and medium-sized enterprises across various sectors, including healthcare, information technology, and clean technology. BDC Capital is particularly interested in early-stage and development technology companies, as well as women-led firms. The firm typically invests between CAD 0.1 million and CAD 35 million, often taking minority stakes and seeking board representation in its investee companies. BDC Capital emphasizes a strong presence across Canada, with particular attention to regions such as Quebec, Ontario, and British Columbia, and it employs various exit strategies, including initial public offerings and strategic sales. With a history of investing in over 400 companies, BDC Capital aims to foster the growth of innovative businesses and contribute to the economic development of the Canadian landscape.

Ahmed, Dinar

Principal

Phil Anzarut

Partner, Co-Investment Fund

Daniel Armali

Analyst, Healthcare Venture Fund

Réjean Asselin

Assistant Vice President, Portfolio Management - Growth and Transition Capital

Dominique Bélanger

Managing Partner, Co-Investments

Amine Benmoussa

Principal

Bhargav, Disha

Associate Director, Fund Investment

Jeremy Billan

Partner, Growth Equity Partners

Tony Van Bommel

Senior Managing Partner

Borenstein M.B.A., MBA, Ela

Vice President, Venture Capital Incentivized Programs

Cheri Corbett

Director

Kristina D'Amico

Director, Fund Investments

Kyle Feucht

Managing Director, Growth and Transition Capital

Ajay Gopal

Associate Director

Hashmi, Saif

Principal, Seed Fund and IT Venture Fund

Vivian Kan

Partner

Karim Kennedy

Director - Cleantech Practice

Leonard Kofman

Partner, Intellectual Property-Backed Financing

Siddartha Krishnan

Principal

Lily Lam

Director, Fund Investments

Larry Lam

Partner, ICE Technology Venture Fund

Charles Lespérance

Partner

Sandy Li

Associate

Mark Lunick

Senior Director, Growth and Transition Capital

Madsen B. Comm, B.Com., C.F.A., CFA, Dion

Senior Managing Partner

Mignacco, Benoît

Vice President, Portfolio Management Growth and Transition Capital

Simon Mills

Director, Growth and Transition Capital

Miron, Claude

Managing Partner - Growth Equity Partners

Anamika Mukherjee

Partner of Industrial, Clean and Energy Technology Venture Fund

Nankivell CFA, Alison

Vice President, Fund Investments and Global Scaling

Nycz, Jérôme

EVP, BDC Capital

Park, Thomas

BDC Capital’s Deep Tech Venture Fund Partner

Jean-Philippe Poissant

Managing Director, Growth and Transition Capital

Matt Price

Managing Director, Growth and Transition Capital

Salman Qadir

Senior Associate

Loren G. Rafeson

Partner

Karl Reckziegel

Senior Vice President

Regan M.B.A., MBA, Joseph

Managing Partner, Industrial Innovation Fund

Lally Rementilla

Managing Partner

Susan Rohac

Managing Partner, Climate Tech Fund

Paul Ryan

Senior Director

Victor Scutaru Ph.D

Managing Director, Private Equity Funds Portfolio

Robert Simon

Senior Managing Partner

Matt Stanley

Director, Cleantech Practice

Stephanie Tadros

Associate Director, Fund Investments

Zoltan Tompa

Director, Cleantech Practice

Ron Warburton

Managing Partner

Ronald Warburton

Managing Partner, BDC IT Venture Fund and Seed Fund

Brian Whiteway

Senior Director, Growth and Transition Capital

Angelo Zeni

Managing Director, Growth and Transition Capital

Bharat Srinivasa

Analyst, Healthcare Venture Fund

Michelle Scarborough

Managing Director

Past deals in New Brunswick

Smart Skin Technologies

Venture Round in 2021
Smart Skin Technologies Inc. is a technology development company based in Fredericton, Canada, with an additional office in Munich, Germany. Founded in 2009, the company specializes in the development and commercialization of a pressure-sensitive skin technology that has diverse applications. Its flagship product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation in various types of packaging, including glass, cans, and PET. In addition to its existing products, Smart Skin Technologies is actively developing patent-pending pressure sensing technology for industrial applications and sports, aiming to expand its footprint across multiple verticals.

Eigen Innovation

Venture Round in 2018
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions for industrial manufacturers. Founded in 2012 and based in Fredericton, Canada, the company offers a vision analytics platform called Intellexon, which learns from operators to optimize machine settings. Additionally, Eigen provides a solution that captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology is applicable across various industries, including automotive, food processing, construction materials, and mining. By utilizing Eigen's integrated inspection solutions, manufacturers can create AI-inspection models that facilitate part-over-part inspections and generate standardized digital records for every product. The company's OneView software enables factory teams to automate processes and analyze data to identify and reduce defects, ultimately enhancing production efficiency and effectiveness.

Resson

Series B in 2016
Resson is a bioinformatics and data analytics company based in Fredericton, New Brunswick, specializing in customized agriculture solutions for large corporate clients. The company employs advanced technologies such as cloud-based data processing, swarm robotics, computer vision, and machine learning to enhance agricultural productivity. Its proprietary platform, the Resson Agricultural Management and Analytics System, analyzes crop metrics to assess the health and status of crops. By providing actionable insights derived from field data, Resson enables agricultural operators to optimize their operations, improve efficiency, increase yields, and maximize profitability.

Eigen Innovation

Venture Round in 2016
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions for industrial manufacturers. Founded in 2012 and based in Fredericton, Canada, the company offers a vision analytics platform called Intellexon, which learns from operators to optimize machine settings. Additionally, Eigen provides a solution that captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology is applicable across various industries, including automotive, food processing, construction materials, and mining. By utilizing Eigen's integrated inspection solutions, manufacturers can create AI-inspection models that facilitate part-over-part inspections and generate standardized digital records for every product. The company's OneView software enables factory teams to automate processes and analyze data to identify and reduce defects, ultimately enhancing production efficiency and effectiveness.

Smartpods

Venture Round in 2015
Smartpods is a manufacturer of innovative office workstations designed to enhance employee health and productivity. Founded in 2014 and based in Dieppe, Canada, Smartpods offers the first automated workstation that seamlessly moves up, down, left, and right at predetermined rates and intervals. This unique functionality allows users to transition between sitting and standing positions while also shifting laterally throughout the workday, thereby reducing the risks associated with prolonged sedentary behavior. By customizing movement parameters based on individual user data, Smartpods ensures that employees are not confined to a single position for extended periods. This automation promotes overall wellness, prevents injuries, and aims to improve workplace satisfaction without disrupting the workflow.

Resson

Series A in 2014
Resson is a bioinformatics and data analytics company based in Fredericton, New Brunswick, specializing in customized agriculture solutions for large corporate clients. The company employs advanced technologies such as cloud-based data processing, swarm robotics, computer vision, and machine learning to enhance agricultural productivity. Its proprietary platform, the Resson Agricultural Management and Analytics System, analyzes crop metrics to assess the health and status of crops. By providing actionable insights derived from field data, Resson enables agricultural operators to optimize their operations, improve efficiency, increase yields, and maximize profitability.
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