Amount:

No Fixed Amount

Type of Program:

Investment


Description:

The $300 million Growth Venture Co-Investment Fund 2 targets late-stage innovation-based businesses that are at an inflection point and show strong potential for meaningful scale.

Comments on Funding:

Funding will take the form of late-stage equity investment.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must be:

  • late-stage innovation-based businesses that are at an inflection point and show strong potential for meaningful scale.
  • companies that leverage innovative technologies and business models in areas including:
  • Artificial intelligence (AI) and machine learning (ML) applications for eCommerce, AgTech, EdTech, HealthTech;
  • Blockchain technology for Fintech, Cybersecurity, Insurtech;
  • Internet of Things (IoT), mobility, Industry 4.0.
  • companies seeking venture funding with revenues of $10 million or more.

Other Things to Note:

Montreal, June 8, 2021 – BDC Capital today announces the launch of its new Growth Venture Co-Investment Fund, a $300 million venture capital fund targeting late stage growth companies. This fund is designed to play a key role in supporting venture backed companies as they scale to their full potential and help to attract additional investors to support their expansion.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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