BDC Capital

BDC Capital Inc. is the private equity and venture capital division of the Business Development Bank of Canada, focusing on direct investments and fund of funds strategies. The firm specializes in providing risk capital to small and medium-sized enterprises, including subordinate financing, recapitalizations, and mezzanine investments. BDC Capital's venture capital activities encompass a wide range of stages from seed funding to pre-IPO financing, with a particular emphasis on technology-based companies in sectors such as healthcare, information technology, and clean technology. It aims to support women-led businesses and typically invests between CAD 3 million and CAD 35 million, taking minority stakes in its portfolio companies. BDC Capital seeks to exit investments within three to five years through various strategies, including initial public offerings or strategic sales. Established in 1975 and headquartered in Montreal, the firm has a presence in key Canadian provinces, actively participating in syndicates and maintaining a focus on high-growth potential companies.

Trevor Allibon

MD, Growth and Transition Capital

Tim April

Managing Director, Fund Investments

Michèle Arsenault

Director, Growth and Transition Capital

Réjean Asselin

Assistant Vice President, Portfolio Management - Growth & Transition Capital

Nicolas Beaudet

Director, Growth and Transition Capital

Amine Benmoussa

Principal

Jeremy Billan

Director of Growth Equity–Growth and Transition Capital

Mike Blattman

Director, Growth and Transition Capital

Charles Blouin

Director, Growth and Transition Capital

Ela Borenstein

vice_president

Laura-Lee Brenneman

Director, Growth and Transition Capital

Jean Bédard

Director of Growth Equity- Growth and Transition Capital

Cyril Cochrane

MD, Growth and Transition Capital

Cheri Corbett

Director

Sean Crouse

Director, Growth and Transition Capital

Robert Dennison

Director of Growth and Transition Capital

Geoff Devereux

Director of Growth and Transition Capital

Pascal Dion

Director, Growth and Transition Capital

Isabelle Dionne

Director, Growth and Transition Capital

Étienne Drouin

MD, Growth and Transition Capital

Martin Dudaniec

Director of Growth and Transition Capital

Robert Duffy

VP of Growth and Transition Capital

Kyle Feucht

Director

Carolyn Galbraith

Director, Growth and Transition Capital

Eric Girard

Director, Growth and Transition Capital

Jonathan Goodkey

Principal

Tony Gopaul

Director, Growth and Transition Capital

Jerome Hamilton

Director of Growth and Transition Capital

Matthew Hanson

Director of Growth and Transition Capital

Neal Hill

VP of Market Development

Christina Howard

Director, Growth and Transition Capital

Barry R. Hubich

VP of Growth and Transition Capital

Emmanuelle Héroux

Director, Growth and Transition Capital

Louis-David Julien

MD, Growth and Transition Capital

Marvin Junop

Director, Growth and Transition Capital

Rita Kasparian

Director, Growth and Transition Capital

Matthew Kellow

VP of Growth and Transition Capital

Karim Kennedy

Director - Cleantech Practice

Siddartha Krishnan

Partner

Enes Kula

Director, Growth and Transition Capital

Larry Lam

Partner, ICE Technology Venture Fund

Louise Langevin

VP, Growth and Transition Capital

Philippe Lapierre

Director, Growth and Transition Capital

Scott Lewis

MD of Growth and Transition Capital

Tabreez Lila

Director, Growth and Transition Capital

Mark Lunick

Director, Growth and Transition Capital

Vern Malcolm

Director Growth and Transition Capital

Bernard Melameth

Director, Growth and Transition Capital

Benoit Mignacco

Vice-President, Portfolio Management - Growth Capital and Business Transfer

Simon F. Mills

Director of Growth and Transition Capital

Claude Miron

Vice-President, Growth Equity

Alison Nankivell

vice_president

Mark O'Connor

Director, Growth and Transition Capital

Ted Olak

Director of Growth and Transition Capital

Denisia Pereira

Principal

Matt Price

MD of Growth and Transition Capital

Joseph Regan

Managing Partner

Mathieu Rinaldi

Director of BDC Growth and Transition Capital

James Robertson

Director of Growth and Transition Capital

Duncan Robinson

Director of Growth and Transition Capital

Susan Rohac

VP of Subordinate Financing

Paul Ryan

Director, Growth & Transition Capital

Syed Saif

Associate

Marie Salama

Assistant VP, Portfolio Management – Growth and Transition Capital

Robert Shaw

Director, Growth and Transition Capital

Conor Snape

Director of Growth and Transition Capital

Marie-Josée Tremblay

Director, Growth and Transition Capital

Brett Weese

Director of Growth and Transition Capital

Brian G. Whiteway

Director, Growth and Transition Capital

Roger Wilson

Assistant VP, Growth and Transition Capital Portfolio

Angelo Zeni

MD of Growth and Transition Capital

Past deals in Canada

Medtrica

Venture Round in 2021
Medtrica is a medical manufacturing company with operations facilities located in Langley, British Columbia.

Busbud

Series C in 2020
Busbud, Inc. is an online platform that specializes in bus travel booking services. Founded in 2011 and based in Montreal, Canada, the company allows travelers to search, compare, and book inter-city bus tickets across various destinations in Canada and internationally. The platform aggregates information from numerous bus operators, providing users with access to schedules, pricing, service classes, amenities, and reviews. With coverage spanning over 10,463 cities in 89 countries, Busbud supports multiple languages and currencies, making it a comprehensive resource for planning bus trips. Through its website and mobile application, the company aims to simplify the bus travel experience for users worldwide.

Invixium

Series C in 2020
Headquartered in Toronto, Canada with an R&D centre in Ahmedabad, India, we believe that smart technology also has to be elegant. In simple terms, our products replace antiquated and vulnerable methods of entry such as keys, passwords, PINs and cards with modern and internet ready fingerprint based biometric products. Whether it is product packaging, the product itself or the user interface; every little aspect is exquisitely designed and consumer centric with a promise of touching your soul.

iQ Offices

Venture Round in 2019
iQ Offices provides luxury shared office space, co-working, meeting rooms, event space, and virtual office solutions across Canada.

Invixium

Series B in 2019
Headquartered in Toronto, Canada with an R&D centre in Ahmedabad, India, we believe that smart technology also has to be elegant. In simple terms, our products replace antiquated and vulnerable methods of entry such as keys, passwords, PINs and cards with modern and internet ready fingerprint based biometric products. Whether it is product packaging, the product itself or the user interface; every little aspect is exquisitely designed and consumer centric with a promise of touching your soul.

Ace services mécaniques inc

Convertible Note in 2019
ACE Services Mécaniques inc., founded in 2010 by experienced technicians Sébastien Bédard and Pascal Rochette, specializes in mobile mechanical services for heavy equipment. Based in Val d'Or, Canada, the company offers a range of services including mechanics in remote locations, hydraulic hose repair, and welding. With over 20 years of combined experience in various sectors such as dealerships and mining, the founders have established a strong foundation in heavy machinery maintenance and repair. ACE Services Mécaniques inc. aims to become Quebec's leading general service provider for heavy equipment, reflecting their ambition and dedication to quality service.

Nuvyyo

Series B in 2019
Nuvyyo Inc., founded in 2010 and based in Kanata, Canada, specializes in electronic solutions that enhance the home media experience for consumers in the U.S. and Canada. The company is best known for its Tablo product, which is a whole-home over-the-air (OTA) digital video recorder (DVR) that allows users to easily discover, watch, and record free HDTV across various devices, including smartphones, tablets, and computers. Launched in 2014, Tablo was the first app-enabled DVR for over-the-air television. In addition to Tablo, Nuvyyo offers JetStreamHD, a mobile media solution that streams live TV, videos, and music to iPads, along with an adapter that connects users to their home network. Nuvyyo's products are available online and through application stores, catering to the growing demand for flexible media consumption.

NextAI

Venture Round in 2017
Delivered in Montréal and Toronto, NextAI is an accelerator and founder development program for early or idea stage AI-enabled startups. NextAI is for exceptional teams and individuals from around the world who are commercializing AI research and want to build global companies. NextAI is a global innovation hub for artificial intelligence related venture creation and technology commercialization. We identify talented teams and individuals with ambitious ideas and leverage Canada’s leadership position in AI to provide them with the capital, mentorship, education and network to disrupt industries. NextAI teams have access to up to $200,000 in capital, world-renowned faculty and scientists, a network of Canada’s top business leaders and entrepreneurs, and access to cutting edge AI tools.
Clearwater Clinical Limited, founded in 2004 and based in Ottawa, Canada, specializes in the design and manufacture of mobile medical-grade devices aimed at enhancing clinical practices in the endoscopy and audiology markets. The company offers innovative products such as ClearSCOPE, a mobile endoscope adaptor that supports various medical applications, including ENT and urology exams, as well as veterinary and industrial uses. Additionally, Clearwater Clinical produces ShoeBOX, an iPad-based audiometer designed for screening and diagnostic testing in diverse settings such as clinics, schools, and telemedicine applications. Another key product is DizzyFIX, which facilitates the Epley Maneuver, a common treatment for vertigo caused by benign paroxysmal positional vertigo. The company, led by Dr. Matthew Bromwich and his team, is committed to providing affordable solutions that leverage mobile technology to improve patient care.

Transit

Seed Round in 2016
Transit is a mobile app intended to help its users navigate their cities. Transit simplifies local travel in 125 cities worldwide. Upon launch, the bright, intuitive interface shows all nearby transportation options and departures. Users can plan trips, set reminders, and get notifications about disruptions. Plus, Transit also integrates other sustainable transport modes -- bike sharing, car sharing and Uber -- so users can determine the best way to get from A to B. With millions of active users in the US and Canada, Transit has emerged as the leading urban transit app in North America. The company is based in Montreal, Quebec.

Invixium

Series A in 2016
Headquartered in Toronto, Canada with an R&D centre in Ahmedabad, India, we believe that smart technology also has to be elegant. In simple terms, our products replace antiquated and vulnerable methods of entry such as keys, passwords, PINs and cards with modern and internet ready fingerprint based biometric products. Whether it is product packaging, the product itself or the user interface; every little aspect is exquisitely designed and consumer centric with a promise of touching your soul.

Transit

Seed Round in 2015
Transit is a mobile app intended to help its users navigate their cities. Transit simplifies local travel in 125 cities worldwide. Upon launch, the bright, intuitive interface shows all nearby transportation options and departures. Users can plan trips, set reminders, and get notifications about disruptions. Plus, Transit also integrates other sustainable transport modes -- bike sharing, car sharing and Uber -- so users can determine the best way to get from A to B. With millions of active users in the US and Canada, Transit has emerged as the leading urban transit app in North America. The company is based in Montreal, Quebec.

Clearwater Clinical Limited

Venture Round in 2014
Clearwater Clinical Limited, founded in 2004 and based in Ottawa, Canada, specializes in the design and manufacture of mobile medical-grade devices aimed at enhancing clinical practices in the endoscopy and audiology markets. The company offers innovative products such as ClearSCOPE, a mobile endoscope adaptor that supports various medical applications, including ENT and urology exams, as well as veterinary and industrial uses. Additionally, Clearwater Clinical produces ShoeBOX, an iPad-based audiometer designed for screening and diagnostic testing in diverse settings such as clinics, schools, and telemedicine applications. Another key product is DizzyFIX, which facilitates the Epley Maneuver, a common treatment for vertigo caused by benign paroxysmal positional vertigo. The company, led by Dr. Matthew Bromwich and his team, is committed to providing affordable solutions that leverage mobile technology to improve patient care.

Sofea

Venture Round in 2007
Sofea Inc. provides Custom Computer Programming Services. The company has headquarters in Toronto, Canada.