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Business Development Bank of Canada Portfolio Companies

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

Last updated: July 2026

Business Development Bank of Canada Investment Overview

Portfolio Companies
198
Total Invested
$2.4B
Average Investment
$21.1M

Business Development Bank of Canada's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
GlitchSecure2025Seed$1.4MWinnipeg
PrePad2025Seed$2.8MCalgary
SRTX2025Venture - Series Unknown$40.0MMontréal
Nanoprecise Sci Corp2025Series C$38.0MEdmonton
VEERUM2025Series B$8.4MCalgary
Styx Intelligence2025Seed$2.7MVancouver
Dispersa2025Seed$4.1MLaval
healthybud2025Seed$1.5MMontréal
Procurify2024Venture - Series Unknown$20.0MVancouver
Laserax2024Series C$45.5MQuebec

Complete List of Business Development Bank of Canada Portfolio Companies (198)

Export
#CompanyStageAmountLocation
51GlitchSecureSeed$1.4MWinnipeg, Canada
52PrePadSeed$2.8MCalgary, Canada
53SRTXVenture - Series Unknown$40.0MMontréal, Canada
54Nanoprecise Sci CorpSeries C$38.0MEdmonton, Canada
55VEERUMSeries B$8.4MCalgary, Canada
56Styx IntelligenceSeed$2.7MVancouver, Canada
57DispersaSeed$4.1MLaval, Canada
58healthybudSeed$1.5MMontréal, Canada
59ProcurifyVenture - Series Unknown$20.0MVancouver, Canada
60LaseraxSeries C$45.5MQuebec, Canada
Cyber SecurityPenetration Testing

GlitchSecure provides real-time continuous security testing to help companies secure their products and infrastructure.

Winnipeg, Canada
April 2025
$1.4M
Seed

Founder Contacts

19,000+ verified contacts

Oil and GasSoftware

PrePad provides advanced software solutions for optimizing capital lifecycle management, and asset development in the oil and gas drilling.

Calgary, Canada
April 2025
$2.8M
Seed

Founder Contacts

19,000+ verified contacts

FashionManufacturingTextilesWearablesWomen's

SRTX Labs creates breakthrough materials and software solutions for textiles, emphasizing durability, sustainability, and smart production.

Montréal, Canada
March 2025
$40.0M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Industrial AutomationInternet of Things

Nanoprecise Sci Corp provides AI and IoT solutions for predictive maintenance.

Edmonton, Canada
March 2025
$38.0M
Series C

Founder Contacts

19,000+ verified contacts

Enterprise SoftwareInformation TechnologyInternet of ThingsProject ManagementReal EstateSaaSSoftware

VEERUM is a global SaaS provider who brings reality to the digital world. We are the world's platform to see itself.

Calgary, Canada
March 2025
$8.4M
Series B

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Cyber SecurityNetwork SecurityPrivacy

Styx Intelligence develops digital risk protection platform that helps to protect assets against cyber and digital risks.

Vancouver, Canada
March 2025
$2.7M
Seed

Founder Contacts

19,000+ verified contacts

BiotechnologyChemicalCleanTech

Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.

Laval, Canada
February 2025
$4.1M
Seed

Founder Contacts

19,000+ verified contacts

Health CarePetWellness

Helping our pets thrive through powerful healing foods.

Montréal, Canada
January 2025
$1.5M
Seed

Founder Contacts

19,000+ verified contacts

Cloud ComputingEnterprise SoftwareFinTechProcurementSaaSSoftwareSupply Chain Management

Procurify is a purchasing and AP automation software for mid-sized businesses, providing visibility and control over business expenditures.

Vancouver, Canada
October 2024
$20.0M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

LaserMachinery Manufacturing

Laserax manufactures industrial laser machines and systems for laser marking and laser cleaning.

Quebec, Canada
October 2024
$45.5M
Series C

Founder Contacts

19,000+ verified contacts

SoftwareUsability Testing

Digital accessibility, powered by people with disabilities.

Toronto, Canada
October 2024
$25.0M
Series B

Founder Contacts

19,000+ verified contacts

AnalyticsArtificial Intelligence (AI)AutomotiveBuilding MaterialComputer VisionIndustrial ManufacturingMachine LearningManufacturingPlastics and Rubber ManufacturingService Industry

Eigen's machine vision solutions and AI software allow manufacturers to inspect 100% of the parts and products they produce inline.

Fredericton, Canada
October 2024
$2.6M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

Consumer ElectronicsInternetSmart HomeTelecommunications

Mysa is a smart thermostat for baseboard heaters for home.

St. John's, Canada
October 2024
$8.1M
Series B

Founder Contacts

19,000+ verified contacts

AgricultureAnimal FeedBiotechnologyFarmingRecycling

Entosystem uses innovative insect farming technologies to position themselves as a dominant player in the circular agriculture economy.

Sherbrooke, Canada
October 2024
$42.9M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

Machine LearningRenewable EnergySaaSSoftware

Clir is a renewable energy optimization and reporting software that increases the performance and profitability of renewable plants.

Vancouver, Canada
January 2024
$1.5M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

AnalyticsArtificial Intelligence (AI)Big DataCommercial Real EstateInformation ServicesInformation TechnologyPredictive AnalyticsReal EstateReal Estate InvestmentSustainability

Local Logic quantifies everything outside the four walls of any asset to help build more sustainable and livable cities.

Montréal, Canada
August 2023
$13.1M
Series B

Founder Contacts

19,000+ verified contacts

Big DataConstructionProductivity ToolsSoftware

Bridgit is a workforce intelligence and planning tool for the construction industry.

Kitchener, Canada
July 2023
$5.3M
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

CollaborationEnterprise SoftwareProject ManagementSoftware

ZenHub is a productivity management platform for software teams.

Vancouver, Canada
March 2023
$10.0M
Series A

Founder Contacts

19,000+ verified contacts

Advanced MaterialsArtificial Intelligence (AI)Machine LearningManufacturingSimulationSoftware

AON3D builds physics-informed software, sensing systems, and hardware for advanced manufacturing processes.

Montreal, Canada
January 2026
Venture - Series Unknown

Founder Contacts

19,000+ verified contacts

BiotechnologyDeveloper PlatformNanotechnologySensor

Nicoya is a nanotechnology company developing sensor products that will change the world

Waterloo, Canada
December 2021
Series A

Founder Contacts

19,000+ verified contacts

Food and BeverageFranchiseRestaurants

Foodtastic is a franchisor of restaurant brands committed to serving delicious food and drinks in innovative concepts.

Saint Laurent, Canada
December 2022
Debt Financing

Founder Contacts

19,000+ verified contacts

ProcurementSupply Chain Management

Tealbook is a provider of supplier data and e-commerce procurement technology.

Toronto, Canada
December 2021
Series B

Founder Contacts

19,000+ verified contacts

EnergyEnterprise SoftwareInformation TechnologySoftware

Arolytics is a software company that specializes in emissions management and regulatory compliance for the energy sector.

Calgary, Canada
November 2023
Grant

Founder Contacts

19,000+ verified contacts

ConsultingHealth CareInformation ServicesMedical

MedReddie simplifies clinical procurement and market research to drive the future of healthcare.

Waterloo, Canada
November 2025
$1.1M
Seed

Founder Contacts

19,000+ verified contacts

AerospaceAgricultureAgTechArtificial Intelligence (AI)Drones

Precision AI is on a mission to accelerate AI-based farming practices to create healthier, happier, and more profitable farms.

Regina, Canada
January 2025
Series A

Founder Contacts

19,000+ verified contacts

Showing 51-75 of 198 portfolio companies

Frequently Asked Questions About Business Development Bank of Canada

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

Business Development Bank of Canada has invested in 198 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), Enterprise Software, Manufacturing, Information Technology. The firm invests across 72 different industry categories.

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

Among tracked funding rounds, Laserax received $45.5M in a Series C round. Business Development Bank of Canada's total known invested capital is $2.4B.

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

Business Development Bank of Canada's average investment size is $21.1M across its portfolio of 198 companies.

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

Recent Business Development Bank of Canada portfolio additions include GlitchSecure, PrePad, SRTX, Nanoprecise Sci Corp, VEERUM. These companies were founded in 2020 or later.

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