Deep Tech Venture Fund – Government of Canada, Business Development Bank of Canada (BDC)

Description:

BDC’s Deep Tech Venture Fund helps early-stage companies develop their markets and commercialize their innovations in Canada and abroad.

Comments on Funding:

Funding will take the form of Seed to Series A investment.

Eligibility:

Applicants must be early-stage Canadian companies with the potential to transform global industries and that are operating in deep tech verticals such as:

  • quantum information sciences;
  • photonics;
  • electronics;
  • foundational artificial intelligence;
  • related sectors (advanced materials, robotics, etc.).

Other Things to Note:

  1. BDC Capital is the investment arm of BDC, the bank for Canadian entrepreneurs. With over $3 billion under management, BDC Capital serves as a strategic partner to the country’s most innovative firms. It offers businesses a full spectrum of capital, from seed investments to growth equity, supporting Canadian entrepreneurs who have the ambition to stand out on the world stage. 
  2. Montreal, May 5, 2021 – BDC Capital today announces the creation of a new venture capital fund to invest in early-stage deep tech companies within Canada. The $200 million will be used to accelerate the development of transformational technologies in a number of sectors including quantum, electronics, photonics, foundational AI and related fields.

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