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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
MedReddie2025Seed$1.1MWaterloo
Felix Health2025Undisclosed$8.4MToronto
Strato Automation2025Series UnknownUndisclosedMontréal
Enurgen2025Seed$4.1MOttawa
Blue J2025Series D$122.0MToronto
Skygauge2025Convertible NoteUndisclosedToronto
Highwood Asset Management2025Post Ipo Debt$103.1MCalgary
Greybox Solutions2025Corporate Round$700KMontreal
Conquest Planning2025Series B$80.0MWinnipeg
Xatoms2025Pre-Seed$2.0MToronto

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

Export
#CompanyStageAmountLocation
101MedReddieSeed$1.1MWaterloo, Canada
102Felix HealthUndisclosed$8.4MToronto, Canada
103Strato AutomationSeries UnknownUndisclosedMontréal, Canada
104EnurgenSeed$4.1MOttawa, Canada
105Blue JSeries D$122.0MToronto, Canada
106SkygaugeConvertible NoteUndisclosedToronto, Canada
107Highwood Asset ManagementPost Ipo Debt$103.1MCalgary, Canada
108Greybox SolutionsCorporate Round$700KMontreal, Canada
109Conquest PlanningSeries B$80.0MWinnipeg, Canada
110XatomsPre-Seed$2.0MToronto, Canada
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

AppsHealth CareMedical

Felix is a digital healthcare company providing seamless access to medication through online diagnoses and delivery.

Toronto, Canada
October 2025
$8.4M
Undisclosed

Founder Contacts

19,000+ verified contacts

ConstructionIndustrial AutomationSoftware

Strato Automation develop and market the most simple, open and smart building control products on the market.

Montréal, Canada
October 2025
Series Unknown

Founder Contacts

19,000+ verified contacts

Energy ManagementSoftwareSolar

Enurgen is a clean tech energy software solution for solar system operators.

Ottawa, Canada
October 2025
$4.1M
Seed

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)LegalLegal TechMachine LearningProfessional Services

Blue J is a gen AI platform that delivers verifiable tax research and automated drafting to help tax professionals.

Toronto, Canada
August 2025
$122.0M
Series D

Founder Contacts

19,000+ verified contacts

AerospaceDronesRobotics

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

Toronto, Canada
July 2025
Convertible Note

Founder Contacts

19,000+ verified contacts

Asset ManagementIndustrialOil and Gas

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

Calgary, Canada
July 2025
$103.1M
Post Ipo Debt

Founder Contacts

19,000+ verified contacts

Health CareInformation ServicesInformation TechnologySoftware

Greybox Solution is a digital turbo-charged healthcare platform.

Montreal, Canada
June 2025
$700K
Corporate Round

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Financial ServicesFinTech

Conquest Planning provides financial planning software that supports personalized goal-based advice.

Winnipeg, Canada
June 2025
$80.0M
Series B

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Waste ManagementWaterWater Purification

Xatoms develops novel photocatalysts to create efficient and sustainable water treatment.

Toronto, Canada
June 2025
$2.0M
Pre-Seed

Founder Contacts

19,000+ verified contacts

BankingEmbedded SoftwareFinancial ServicesFinTechInformation Technology

Fintech Service Management for Financial Institutions

Vancouver, Canada
June 2025
$29.9M
Series B

Founder Contacts

19,000+ verified contacts

Clean EnergyCleanTechEnergyGreenTechRenewable Energy

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

Calgary, Canada
June 2025
$64.9M
Series Unknown

Founder Contacts

19,000+ verified contacts

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

FashionManufacturingTextilesWomen's

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

Montréal, Canada
March 2025
$40.0M
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

ManufacturingMedicalMedical Device

Uresta is a bladder support device designed to help women manage stress urinary incontinence.

Moncton, Canada
March 2025
$3.0M
Seed

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

Customer ServiceInformation TechnologySaaSSupply Chain Management

Assent Inc. provides cloud-based SaaS solutions for product compliance, trade compliance and ESG.

Ottawa, Canada
March 2025
Secondary Market

Founder Contacts

19,000+ verified contacts

Robotics

Nexera Robotics have an exciting new grasping platform for robotics which can pick incredibly diverse item sets.

North Vancouver, Canada
February 2025
$4.5M
Seed

Founder Contacts

19,000+ verified contacts

Hyperlume Inc. is an optical connectivity provider for high-performance computing, AI, and processors for computing platforms.

Ottawa, Canada
February 2025
$12.5M
Seed

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Big DataInformation ServicesInformation TechnologyInternetSoftware

Certn provides AI background screening solutions for recruiters and businesses.

Victoria, Canada
February 2025
$30.0M
Series Unknown

Founder Contacts

19,000+ verified contacts

B2BE-CommerceSaaS

Quadshift provides B2B SaaS solutions to thousands of businesses by acquiring and building software companies in vertical markets.

Toronto, Canada
February 2025
$23.0M
Series Unknown

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

Artificial Intelligence (AI)Enterprise SoftwareFinTechProcurementSaaSSoftwareSupply Chain Management

AI-enhanced procurement & AP automation platform for the mid-market. We make it easy for organizations to control spend & save money.

Vancouver, Canada
October 2024
$20.0M
Series Unknown

Founder Contacts

19,000+ verified contacts

Showing 101-125 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 Artificial Intelligence (AI), Software, Health Care, Information Technology, Information Services. The firm invests across 55 different industry categories.

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

Among tracked funding rounds, Blue J received $122.0M in a Series D 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 MedReddie, Felix Health, Strato Automation, Enurgen, Blue J. These companies were founded in 2020 or later.

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