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Business Development Bank of Canada — Portfolio

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

235
Companies
$4.7B
Total invested
$24.5M
Avg. check
60
Industries
Software 7Artificial Intelligence (AI) 5Information Technology 5Health Care 4Biotechnology 3Oil and Gas 2+54 more
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Portfolio companies

Showing 1–24 of 235
The GIST
September 2022

The GIST is a media company that provides sports content, experiences, and community for women.

eSports · TorontoVenture - Series Unknown
Flyscan
September 2022

Flyscan develops automated, airborne, leak, and threat detection services for oil and gas pipeline operators.

Oil and Gas · Quebec$3.5M Seed
Mosaic Manufacturing
September 2024

Mosaic is building the tools to make manufacturing more sustainable and resilient.

3D Printing · Toronto$20.6M Undisclosed
SensorSuite
September 2023

SensorSuite is a real-time machine intelligence platform.

Analytics · MississaugaVenture - Series Unknown
ApplyBoard
September 2024

ApplyBoard is a study abroad application platform that connects students, recruitment partners, and educational institutions.

Education · Waterloo$73.6M Debt Financing
Meta Materials
September 2023

Meta Materials is a platform technology company that partners with OEMs across an expanding range of industries.

Advanced Materials · Dartmouth$50.0M Post-IPO Equity
Roomvu
September 2021

Roomvu uses AI to provide ready-made hyper local VIDEOS, that realtors personalize and publish on social media or promote via SMART ads

Advertising · VancouverConvertible Note
ReelData AI
August 2023

ReelData AI is a provider of artificial intelligence solutions for land-based aquaculture.

Agriculture · Halifax$250K Debt Financing
Flojoy
August 2023

Flojoy will assist with a new open source solution that allows firms that are traditionally.

Artificial Intelligence (AI) · Montréal$2.0M Seed
#Paid
August 2021

#Paid is a tech company that connects brands with influencers and content creators to develop and execute engaging social media campaigns.

Content Creators · Toronto$14.9M Series B
ReCarbon
August 2023

ReCarbon is an innovative technology platform that recycles carbon emissions into revenue generating byproducts.

Clean Energy · Santa ClaraGrant
NuChem Sciences
August 2021

NuChem Sciences is a drug discovery in chemistry contract research organization (CRO) located in Montréal and Lévis.

Biotechnology · Quebec$37.6M Venture - Series Unknown
E-SMART
August 2021

E-SMART is a technology company that provides software solutions for a safer fleet.

Information Technology · Indianapolis$4.5M Undisclosed
Tenomix
July 2024

Tenomix's mission is to develop novel technologies that target inefficiencies in the pathology workflow and optimize cancer care.

Biotechnology · London$367K Grant
Noa Therapeutics
July 2024

Noa Therapeutics is a preclinical biotech firm that is leading the way in the development of multimodal treatments.

Biotechnology · Toronto$367K Grant
Eavor
July 2026

Eavor is a geothermal energy solution provider that develops a closed-loop system to provide baseload energy solutions.

Clean Energy · Calgary$5.6M Grant
Highwood Asset Management
July 2025

Highwood Asset Management is an asset management company that manages oil production and oil midstream spaces.

Asset Management · Calgary$103.1M Post-IPO Debt
Spark
July 2021

Spark is a platform specifically designed to power the entire process of selling and marketing real estate.

CRM · Vancouver$5.0M Series A
Skygauge
July 2025

Skygauge has reinvented the drone to perform work not possible with drones today.

Aerospace · TorontoConvertible Note
Ora Medical
July 2023

Ora Medical's rehabilitation solutions restore mobility and independence to those with physical and neurological challenges.

Health Care · Montréal$300K Seed
Fieldless Farms
July 2022

Fieldless farms is an Agri business which uses innovative indoor farming technology to produce greens.

Agriculture · Cornwall$17.5M Series A
Deeplite
July 2022

Deeplite is a provider of intelligent AI optimization software to make deep neural networks faster, smaller, and energy-efficient.

Artificial Intelligence (AI) · TorontoGrant
Dominion Dynamics
June 2026

Dominion Dynamics builds platforms that integrate sensor data and autonomous assets for real-time command and control.

Government · Ottawa$97.6M Series A
Greybox Solutions
June 2025

Greybox Solution is a digital turbo-charged healthcare platform.

Health Care · Montreal$700K Corporate Round

Where Business Development Bank of Canada invests

Software7
Artificial Intelligence (AI)5
Information Technology5
Health Care4
Biotechnology3
Oil and Gas2

About Business Development Bank of Canada's portfolio

How many companies has Business Development Bank of Canada invested in?▸

Business Development Bank of Canada has invested in 235 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Business Development Bank of Canada invest in?▸

Business Development Bank of Canada's top investment sectors include Software, Artificial Intelligence (AI), Information Technology, Health Care, Biotechnology. The firm invests across 60 different industry categories.

What is Business Development Bank of Canada's largest investment?▸

Among tracked funding rounds, Highwood Asset Management received $103.1M in a Post-IPO Debt round. Business Development Bank of Canada's total known invested capital is $4.7B.

What is the average investment size for Business Development Bank of Canada?▸

Business Development Bank of Canada's average investment size is $24.5M across its portfolio of 235 companies.

What are Business Development Bank of Canada's most recent investments?▸

Recent Business Development Bank of Canada portfolio additions include The GIST, Flyscan, Mosaic Manufacturing, SensorSuite, ApplyBoard. These companies were founded in 2020 or later.

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