Business Development Bank of Canada

The Business Development Bank of Canada (BDC) is a government-owned financial institution established in 1944, headquartered in Montreal. It aims to foster economic growth and job creation by providing financial products and services primarily to small and medium-sized enterprises (SMEs) across Canada. BDC offers a range of services, including business loans, subordinate financing, venture capital, and consulting support in areas such as strategic planning and human resource management. The bank serves various industries, including aerospace, automotive, construction, food and beverage, manufacturing, mining, oil and gas, technology, and tourism. With a network of over 100 offices, BDC operates in both official languages, ensuring access to its services for a diverse clientele nationwide.

Steven Abrams

Partner

Nazmin Alani

Partner, Co-Investments

Phil Anzarut

Partner, Growth Venture Co-investment Fund

Dominique Belanger

Managing Partner

Hugo Belisle

Associate, Fund Investments

Tony Bommel

Senior Managing Partner

Kristina D’Amico

Associate, Fund Investments

Nicolas Gravel

Director, Fund Investments

Erika Kurczyn

Manager, Strategic Partnerships

Patrick Latour

SVP Growth & Transition Capital, Wholesale Financing

Joel McInnis

Associate, Fund Investments

Loren Rafeson

Partner, Growth Equity Partners

Michelle Scarborough

Managing Partner, BDC Capital

Robert Simon

Senior Managing Partner

Maxime Tourangeau

Partner

Past deals in British Columbia

Dynamic Capital Equipment Finance

Debt Financing in 2022
Dynamic Capital Equipment Finance is a financial services finance company located in Kelowna.

General Fusion

Series E in 2021
General Fusion Inc. develops commercial Magnetized Target Fusion, a hybrid between magnetic fusion and inertial confinement fusion for transforming energy supply. It also develops scale subsystems, including scale plasma injectors, acoustic drivers, and liquid metal vortex compression tests. The company was founded in 2002 and is based in Burnaby, Canada.

General Fusion

Series E in 2019
General Fusion Inc. develops commercial Magnetized Target Fusion, a hybrid between magnetic fusion and inertial confinement fusion for transforming energy supply. It also develops scale subsystems, including scale plasma injectors, acoustic drivers, and liquid metal vortex compression tests. The company was founded in 2002 and is based in Burnaby, Canada.

FISPAN

Series A in 2019
FI.SPAN Services Inc. develops connecting application programming interface (API's) for the banking and financial industry. It offers Client Connectivity Suite, which helps banks to build and maintain live connections to their clients' enterprise resource planning (ERP), accounting, and treasury management systems; API Enablement Suite, which allows banks to put an API gateway for legacy payment capability, data enablement, reports and models, and fintech testing; Fintegration Suite, which helps to manage the secure exchange of data and services between banks and fintech companies; FI.CORE, which is a core platform includes a set of extension adapters, which are designed to quickly implement custom connectivity with a banks’ own infrastructure, clients business applications and external FinTech firms. The company was founded in 2016 and is based in Vancouver, Canada.

Svante

Series C in 2019
Svante specializes in providing innovative solutions for capturing large-scale CO2 emissions from emissions-intensive industries. The company offers a commercially viable method to capture carbon dioxide from existing infrastructure, allowing for either safe storage or recycling for industrial use in a closed loop. Svante's technology stands out by enabling CO2 capture at less than half the capital cost of traditional solutions, making industrial-scale carbon capture both feasible and efficient. The company is supported by a distinguished Board of Directors, including notable figures such as Nobel Laureate Steven Chu and former Airbus Group Chief Technical Officer Jean Botti, which underscores its commitment to advancing carbon capture technologies.

Animikii Inc.

Debt Financing in 2019
Animikii is a values-driven company; we’re B Corp Certified and a CCAB CERTIFIED ABORIGINAL BUSINESS. They believe that the success of our business is dependant on the ability to live out their values through their work and relationships with clients and partners.Animikii is a digital agency that drives social innovation through Indigenous technology. They see technology as an economic driver and path towards Indigenous self-sufficiency. They’re a team of Indigenous and non-Indigenous innovators committed to Reconciliation and they want to work with you to drive equitable outcomes for Indigenous Peoples.

U-Bicycle

Seed Round in 2018
U-bicycle is a multi-modal smart transportation platform that promotes seamless connectivity and supports smart city programs. Bikes and e-scooters are available at specific locations to solve short distance commuting needs. We provide an active, healthy, eco-friendly and affordable mode of transportation for locals, tourists, and anyone who is just curious. Experience U-bicycle by downloading the app at Google Play or the App Store.

Procurify

Series A in 2016
Procurify is a cloud-based procurement software solution that gives you control and visibility. Their main goal is to help your company generate cost savings. It's done by providing a platform to streamline purchases, give optimized spending, and increase visibility throughout the entire procure-to-pay process.

Procurify

Seed Round in 2015
Procurify is a cloud-based procurement software solution that gives you control and visibility. Their main goal is to help your company generate cost savings. It's done by providing a platform to streamline purchases, give optimized spending, and increase visibility throughout the entire procure-to-pay process.

Axine Water Technologies

Seed Round in 2012
Axine Water Technologies is a Vancouver-based developer of wastewater treatment technologies and solutions established by founder and Chief Engineer, Colleen Legzdins. They’re specifically focused on overcoming the complex, expensive, and often ineffective nature of today’s incumbent wastewater systems by developing low-cost, energy-efficient solutions for treating dissolved organic pollutants such as phenols, aromatics, acids, dyes, PHPs, dioxins, and pharmaceuticals that enable industrial and municipal customers to reduce costs and improve performance of their wastewater treatment. Their solutions are based on a proprietary electrolytic oxidation technology that treats high concentrations (up to 5000 mg/L COD) of toxic organics, biodegradable organics, ammonia, pathogens, and some inorganics in a single step without chemicals and without producing sludge.

Nexterra

Venture Round in 2011
Nexterra develops, manufactures and delivers advanced gasification systems that enable customers to self-generate clean, low cost heat and power at industrial and institutional facilities using waste fuels. In an era of higher energy prices, this means dramatically lower costs, higher operating margins and less reliance on fossil fuels and grid-purchased electricity. Furthermore, by using renewable biomass fuels such as wood waste, customers can dramatically reduce their carbon footprint.

General Fusion

Series B in 2011
General Fusion Inc. develops commercial Magnetized Target Fusion, a hybrid between magnetic fusion and inertial confinement fusion for transforming energy supply. It also develops scale subsystems, including scale plasma injectors, acoustic drivers, and liquid metal vortex compression tests. The company was founded in 2002 and is based in Burnaby, Canada.

Agrisoma Biosciences

Venture Round in 2009
Agrisoma Biosciences Inc., an agriculture technology company, develops and commercializes carinata, a non-food oilseed crop for the commercial production of oil for biodiesel and advanced biofuel production. The company sells its carinata seed products for farmers to grow carinata in their rotation or on their fallow land for the production of renewable oil. It serves customers in North America. The company was founded in 2001 and is based in Gatineau, Canada.

Teradici

Venture Round in 2004
Teradici Corporation specializes in PC-over-IP (PCoIP) technology, which facilitates the transfer of images from centralized servers or workstations to various PCoIP-ready endpoints. This technology enhances the provisioning and management of computing services, supporting diverse work styles including remote, mobile, and collaborative environments. Teradici's offerings encompass a range of solutions such as zero clients, optimized thin clients, hardware accelerators, remote workstation cards, workstation access software, and a management console for enterprise deployment. These products cater to industries like education, financial services, healthcare, media and entertainment, and architecture, among others. The company also provides cloud solutions, desktop virtualization infrastructure, and support services. Teradici's clientele includes Fortune 500 companies, government agencies, and cloud service providers, and it collaborates with OEM partners globally. Founded in 2004 and headquartered in Burnaby, Canada, Teradici is committed to innovation and has secured over 40 patents in its field.

Colligo

Series A in 2002
Enterprise-strength email management and document management solutions for Microsoft SharePoint Colligo Networks is the leader in email and document management solutions for Microsoft SharePoint. Enterprises that use SharePoint rely on Colligo's award-winning solution suite to improve collaboration, increase productivity, and mitigate corporate risk. Featuring seamless integration with Microsoft Outlook and Windows Explorer, Colligo drives SharePoint adoption by making it easy to tag, find, store, and share SharePoint content in familiar ways, regardless of device, connectivity, or SharePoint location. Colligo's email and document management solutions for SharePoint are used by over 4800 organizations in 55 countries, with Global 500 customers including Microsoft, Kraft Foods, General Motors, and Siemens. Colligo Networks is a Microsoft Gold Certified Partner.
Interomex Biopharmaceuticals Inc. is dedicated to the identification of novel biological targets in key cellular processes with the aim of discovering lead compounds for the treatment of disease. The company’s proprietary Repressed Trans-activator (RTATM) technology can be used to detect protein-protein interactions between a host and an infectious agent, as well as within cells in normal and diseased states. A particular advantage of RTATM is its ability to detect the interactions of transcription transactivator proteins, which are key control points in viral infections and cell activation.

Neuromed Pharmaceuticals

Series B in 2001
Neuromed Pharmaceuticals is focused on the development, production, and marketing of pain therapies in Canada and the United States. Neuromed Pharmaceuticals was acquired by Zalicus in December 2009. Neuromed Pharmaceuticals was founded in 1998 and is based in Vancouver, Canada.

Knowledge Junction Systems

Venture Round in 2000
Knowledge Junction Systems develops and markets Business Intelligence and Smart e-Commerce Applications.

Prologic

Venture Round in 2000
Prologic Corporation is the leading developer of software solutions for the global financial services industry. Their technologies enable financial institutions to quickly deploy solutions for their converging financial services offerings, while also supporting capabilities for increasing profitability, customer acquisition and retention. Through strategic alliances with Microsoft, Compaq Computer Corporation, EDS, Siemens Business Services, CAP Gemini, NRI, CGI, ISM-BC, APAK Systems and other international partners, Prologic’s financial solutions are in use in over 300 financial institutions globally. More than 20 Internet banks use Prologic solutions. 7 of the top 25 largest banks in the world use Prologic products.