BDC Capital

Founded in 1953, BDC Capital is a Canadian investment firm specializing in growth and expansion financing. It focuses on information technology, technology, energy, cleantech, and healthcare sectors across Canada.

Steven Abrams

Partner

Dinar Ahmed

Principal

Phil Anzarut

Partner

Réjean Asselin

Assistant Vice President, Portfolio Management - Growth and Transition Capital

Lenka Baloghova

Associate

Amine Benmoussa

Principal

Disha Bhargav

Associate

Jeremy Billan

Partner, Growth Equity Partners

Ela Borenstein

Vice President

Dominique Bélanger

Managing Partner

Geoff J. Catherwood

Partner

Sara Cavalluzzi

Associate

Olivier Côté

Associate

Kristina D’Amico

Director, Fund Investments

Nabil El Asraoui

Associate

Jack Fraser

Partner

Jonathan Goodkey

Principal

Nicolas Gravel

Partner

Saif Hashmi

Principal

Vivian Kan

Partner

Karim Kennedy

Director - Cleantech Practice

Leonard Kofman

Partner, Intellectual Property-Backed Financing

Siddartha Krishnan

Partner

Meryeme Lahmami

Associate

Charles Lespérance

Partner

Sandy Li

Associate

Mark Lunick

Senior Director, Growth and Transition Capital

Guillaume Mercier

Partner

Simon Mills

Director, Growth and Transition Capital

Claude Miron

Managing Partner

Alison Nankivell

Vice President

Katherine Nicanorova

Associate

Michael Notto

Partner, Growth Equity Partners

Jérôme Nycz

Vice President

Thomas Park

Partner

Jean-Philippe Poissant

Managing Director, Growth and Transition Capital

Salman Qadir

Senior Associate

Andrianiaina Rajaobelina

Principal

Karl Reckziegel

Vice President

Joseph Regan

Managing Partner

Lally Rementilla

Managing Partner, IP-Backed Financing

Susan Rohac

Managing Partner, Climate Tech Fund

Paul Ryan

Senior Director

Victor Scutaru

Managing Director

Robert Simon

Managing Partner

Matt Stanley

Partner, Climate Tech Fund

Stephanie Tadros

Associate

Zoltan Tompa

Senior Partner

Maxime Tourangeau

Partner, Growth Equity

Ron Warburton

Managing Partner

Brian Whiteway

Senior Director, Growth and Transition Capital

Angelo Zeni

Managing Director, Growth and Transition Capital

Past deals in British Columbia

Miru Smart Technologies

Series A in 2024
Miru Smart Technologies, formerly known as Click Materials, is a Vancouver-based company specializing in advanced materials, particularly in the development of electrochromic windows for residential, commercial, and automotive applications. Founded as a university spin-off, Miru leverages over a decade of academic and industrial research to innovate traditional thin film production. This advanced fabrication process is designed to provide superior performance at lower manufacturing costs compared to existing technologies. By focusing on strategic partnerships, Miru aims to integrate its window technology into the growing trends of connected smart buildings and voice-activated smart homes, contributing to reduced greenhouse gas emissions and enhanced energy efficiency.

General Fusion

Venture Round in 2024
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Sanctuary Cognitive Systems Corporation

Venture Round in 2024
Sanctuary AI, founded in January 2018 and based in Vancouver, Canada, is focused on developing synthetic humans, referred to as "synths." The company's mission is to create robots that are indistinguishable from humans in physical appearance, cognitive abilities, and emotional responses. In addition to advancing cutting-edge technology, Sanctuary AI is committed to addressing the ethical implications associated with the creation of human-like machines.

MineSense Technologies

Series E in 2022
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.

Intelligent City

Series A in 2022
Intelligent City is a Vancouver-based housing technology company that designs and constructs urban multi-family housing using a fully integrated platform that combines design, architecture, engineering and fabrication. It employs mass timber, automated manufacturing and proprietary parametric software to enable mass customization with low unit costs, delivering affordable, durable and sustainable housing for urban environments. The platform supports energy performance optimization including passive house standards and aims to address urban affordability, sustainability and resident needs. Founded in 2008, the company focuses on scalable urban housing solutions with emphasis on longevity and environmental and social sustainability.

Clir Renewables

Series B in 2021
Clir Renewables Inc. is a company that specializes in cloud-based renewable energy asset management and reporting software. Founded in 2016 and headquartered in Vancouver, Canada, with an additional office in Glasgow, United Kingdom, Clir's software-as-a-service platform is designed to assist asset managers and owners in optimizing the performance and profitability of renewable energy plants. By integrating deep domain expertise with artificial intelligence, Clir’s platform enhances annual energy production, monitors asset health, and effectively manages financial and technical risks associated with renewable energy assets.

Novarc Technologies

Debt Financing in 2021
Novarc Technologies Inc. is a Vancouver-based company specializing in the design and manufacture of collaborative robots for industrial applications, particularly in pipe welding. Founded in 2013, Novarc has established itself as a pioneer in this field, offering innovative solutions such as the Spool Welding Robot, which is uniquely tailored for high-mix low-volume production in pipe welding. The company also provides welding head-up display glasses and custom robotic solutions applicable in various sectors, including food and beverage, as well as pick and place and palletizing tasks. With a dedicated team of engineers and scientists, Novarc Technologies focuses on addressing complex industrial automation challenges through advanced robotics and artificial intelligence systems.

Aquatic Informatics

Venture Round in 2021
Aquatic Informatics Inc. is a software solutions provider specializing in water data management and analysis for the environmental monitoring industry. Founded in 2003 and based in Vancouver, Canada, the company caters to a diverse clientele, including hydropower operators, watershed authorities, irrigation districts, mining companies, academic institutions, and various government agencies. Its product offerings include AQUARIUS Workstation, which provides data processing tools, and AQUARIUS Server, a centralized data management platform for water agencies. Additionally, Aquatic Informatics offers data acquisition systems such as EnviroSCADA for supervisory control and Sample Tracking and Receiving System for lab sample collection. The company is recognized for its innovation in environmental data management, serving clients from hydrologists to water resource managers in North America and beyond, with partnerships established with organizations like Environment Canada, the US Geological Survey, and various international agencies. As of July 2020, Aquatic Informatics operates as a subsidiary of the Danaher Water Quality Platform.

Klue

Series A in 2020
Klue is a B2B SaaS company that specializes in market and competitive intelligence, founded in 2015 by Jason Smith and Sarathy Naicker, and is based in Vancouver, Canada. The company offers a competitive enablement platform that assists sales and revenue teams in utilizing competitive intelligence to enhance their business outcomes. Klue's platform aggregates and organizes intelligence from various internal and external sources, providing actionable insights that help organizations navigate competitive environments effectively. By leveraging this curated intelligence, businesses can make informed decisions and improve their competitive positioning in the market.

ZenHub

Seed Round in 2020
ZenHub is a project management software company founded in 2014 in Vancouver, British Columbia, by Matthew Butler. The software is specifically designed to assist developers in enhancing the software development lifecycle by facilitating project planning directly within GitHub. ZenHub automates workflows to eliminate redundancies, streamline processes, and reduce delays associated with hand-offs. By utilizing live data, it helps organizations identify risks and bottlenecks, while also providing a real-time roadmap for projects. This allows clients to focus more on coding and less on managing their work, ultimately improving overall productivity in software development.

Vodasafe

Seed Round in 2020
Vodasafe Inc. develops AquaEye, a handheld scanning sonar device used by emergency responders, lifeguards, and recreational users for water-based search and rescue. The device uses sonar and artificial intelligence to detect submerged persons, provides distance and direction to victims, records rescue data, and can connect via Bluetooth to other devices. The company is based in Kelowna, Canada.

CubicFarm Systems

Post in 2020
CubicFarm Systems is an ag-tech company that develops automated controlled-environment systems to grow fresh produce and nutritious livestock feed. Its patented HydroGreen Nutrition Technology enables customers worldwide to cultivate lettuce, basil, microgreens, animal feed, and other crops locally, ensuring safety, sustainability, consistency in quality, and extended shelf life.

MineSense Technologies

Venture Round in 2020
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.

Terramera

Venture Round in 2019
Founded in 2009, Terramera develops plant-based pesticides and fertilizers. It offers products like Proof (for bed bugs and dust mites), Actigate (an organic pesticide), and Rango (a plant-based pest control). The company aims to transform agriculture by fusing artificial intelligence, science, and nature to provide sustainable alternatives to chemical pesticides and fertilizers.

Mojio

Series B in 2019
Founded in 2012, Mojio is a technology company specializing in connected car services. It provides a cloud-connected device that plugs into vehicles to offer insights into driving behavior and vehicle health. Mojio's platform also includes safety features like personalized prompts and geo-location tracking for family and friends. The company serves both individual consumers and businesses, with strategic partnerships with major brands such as Amazon, Bosch, and T-Mobile.

Finn AI

Series A in 2018
Finn AI is a developer of AI-powered conversational banking technology that enhances personal banking and finance services. Founded in 2014 and headquartered in Vancouver, British Columbia, the company creates a platform that acts as a personal banking assistant, allowing customers to manage their finances through simple, natural conversations. By leveraging bank and user data, Finn AI's chatbot delivers personalized support for common banking tasks, thereby improving customer engagement and financial literacy. The company's technology is designed to help banks and credit unions build trust with their clients, drive productivity, and streamline service processes. With public deployments in three languages, Finn AI serves a growing global customer base, including notable institutions such as ATB Financial and Commonwealth Bank.

Beanworks

Series B in 2018
Beanworks Solutions Inc., established in 2008 and headquartered in Vancouver, Canada, specializes in accounts payable software solutions. Its flagship product, Beanworks, is a cloud-based automation platform that streamlines the accounts payable process. Beanworks automates invoice routing, approvals, and data entry, integrates with various accounting software, and provides real-time invoice access and control, helping businesses reduce manual effort, costs, and paper usage.

LoginRadius

Series A in 2018
LoginRadius Inc. is a cloud-based customer identity and access management company that provides a platform specifically designed for mid-to-large sized enterprises globally. Founded in 2011 and headquartered in Vancouver, Canada, with additional offices in India and California, LoginRadius offers a comprehensive suite of services that enhance the customer experience by centralizing customer data and enabling the creation of unified profiles. The platform features customer registration services, social login, user management, and integration with over 150 third-party marketing applications. Additionally, it includes robust security measures such as multi-factor authentication and single sign-on capabilities for both web and mobile applications. LoginRadius serves over 3,000 businesses, reaching approximately 1.17 billion consumers monthly, and is recognized as a key player in the Consumer Identity and Access Management sector by industry analysts.

Elastic Path

Series B in 2018
Elastic Path provides enterprise commerce software solutions that enable businesses to deliver exceptional shopping experiences. Its API-based platform offers personalized and unified buying experiences across multiple channels, integrating seamlessly with marketing clouds and experience management platforms. The company serves various industries globally, empowering commerce leaders to innovate independently while embracing composability.

StemCell Technologies

Venture Round in 2018
STEMCELL Technologies Inc., established in 1993 by hematologist Allen Eaves, is a leading biotechnology company specializing in the development of high-quality cell culture media, cell isolation systems, and related products for life science research. With over 2000 products, STEMCELL supports scientific research worldwide, focusing on stem cells, immunology, cancer, regenerative medicine, and cellular therapy. Headquartered in Vancouver, Canada, with operations in 12 countries, the company employs over 800 people, predominantly holding advanced degrees in science or engineering. All profits are reinvested into product development to better serve the international research community.

Mojio

Series B in 2017
Founded in 2012, Mojio is a technology company specializing in connected car services. It provides a cloud-connected device that plugs into vehicles to offer insights into driving behavior and vehicle health. Mojio's platform also includes safety features like personalized prompts and geo-location tracking for family and friends. The company serves both individual consumers and businesses, with strategic partnerships with major brands such as Amazon, Bosch, and T-Mobile.

Klue

Seed Round in 2017
Klue is a B2B SaaS company that specializes in market and competitive intelligence, founded in 2015 by Jason Smith and Sarathy Naicker, and is based in Vancouver, Canada. The company offers a competitive enablement platform that assists sales and revenue teams in utilizing competitive intelligence to enhance their business outcomes. Klue's platform aggregates and organizes intelligence from various internal and external sources, providing actionable insights that help organizations navigate competitive environments effectively. By leveraging this curated intelligence, businesses can make informed decisions and improve their competitive positioning in the market.

Mobify

Series B in 2017
Mobify Research and Development, Inc. is a mobile customer engagement platform that enhances and manages relationships between retailers and their connected customers. Founded in 2007 and headquartered in Vancouver, Canada, with additional offices in Chicago and Reading, Mobify specializes in Progressive Web Apps, enabling brands to improve conversion rates on mobile devices. The platform offers a suite of solutions, including tools for personalizing customer engagement through big data, managing mobile interactions from a centralized location, and optimizing app performance for developers. Prominent global brands such as Lancôme and Carnival Cruise Line utilize Mobify's services to foster customer loyalty and drive revenue growth. As a subsidiary of salesforce.com, Mobify continues to support retailers in meeting evolving customer expectations and maintaining a competitive advantage in the market.

A&K Robotics

Seed Round in 2017
A&K Robotics Inc. is a Canadian company based in Vancouver, founded in 2015, that specializes in designing and building advanced robotic systems. The company focuses on developing intelligent navigation systems that enable robots to work collaboratively with humans. A&K Robotics also creates electric micro-mobility platforms and self-driving robotic pods, which aim to enhance mobility in large facilities such as airports, malls, and museums, as well as in crowded urban environments. By pushing the boundaries of robotics technology, A&K Robotics seeks to improve quality of life and promote environmental sustainability through innovative real-life applications.

PHEMI

Series B in 2017
PHEMI Systems Corporation specializes in developing a comprehensive privacy, security, governance, and data management system optimized for Microsoft Azure. Founded in 2013 and based in Vancouver, Canada, the company focuses on the healthcare sector, offering the PHEMI Data Privacy Manager. This cloud-based platform addresses the critical need for healthcare organizations to secure, manage, and control access to sensitive information while ensuring compliance with privacy regulations. Built on a privacy-by-design architecture, PHEMI’s software facilitates data sharing and integrates seamlessly with numerous data sources, as well as popular data science and business analysis tools. The platform is designed to scale according to the organization's size and offers a flexible usage-based pricing model.

Plantiga

Seed Round in 2017
Plantiga Technologies Inc. is a Vancouver-based company that specializes in biometric sensing technology for footwear. Founded in 2006, it focuses on human movement intelligence, offering deep insights into health through the analysis of movement patterns. The company's platform aims to optimize health, prevent injuries, and monitor recovery by detecting changes in functional movement that are often imperceptible to the naked eye. Plantiga's innovative foot-strike analytics technology combines the rigor of human performance analysis with the immediacy of wearable devices, allowing users to evaluate athletic performance, health, and productivity effectively.

Novarc Technologies

Seed Round in 2017
Novarc Technologies Inc. is a Vancouver-based company specializing in the design and manufacture of collaborative robots for industrial applications, particularly in pipe welding. Founded in 2013, Novarc has established itself as a pioneer in this field, offering innovative solutions such as the Spool Welding Robot, which is uniquely tailored for high-mix low-volume production in pipe welding. The company also provides welding head-up display glasses and custom robotic solutions applicable in various sectors, including food and beverage, as well as pick and place and palletizing tasks. With a dedicated team of engineers and scientists, Novarc Technologies focuses on addressing complex industrial automation challenges through advanced robotics and artificial intelligence systems.

Proxxi

Seed Round in 2017
Proxxi develops wearable technology for industrial workers to enhance electrical safety. Its flagship product, Proxxiband, warns users of approaching electric fields via vibrations and records safety data using smartphones. Established in 2015, the company is headquartered in Vancouver, Canada.

Axine Water Technologies

Series B in 2016
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.

LoginRadius

Seed Round in 2016
LoginRadius Inc. is a cloud-based customer identity and access management company that provides a platform specifically designed for mid-to-large sized enterprises globally. Founded in 2011 and headquartered in Vancouver, Canada, with additional offices in India and California, LoginRadius offers a comprehensive suite of services that enhance the customer experience by centralizing customer data and enabling the creation of unified profiles. The platform features customer registration services, social login, user management, and integration with over 150 third-party marketing applications. Additionally, it includes robust security measures such as multi-factor authentication and single sign-on capabilities for both web and mobile applications. LoginRadius serves over 3,000 businesses, reaching approximately 1.17 billion consumers monthly, and is recognized as a key player in the Consumer Identity and Access Management sector by industry analysts.

ImStar Therapeutics

Seed Round in 2016
Founded in 2012, ImStar Therapeutics is a biotechnology company based in Vancouver, Canada. It focuses on developing treatments for amyotrophic lateral sclerosis (ALS), with a pipeline comprising IMS-088 and TDP-43 Associated NF-kB Activation Inhibitors.

LemonStand

Seed Round in 2016
LemonStand is an eCommerce software provider based in Vancouver, British Columbia, founded in 2010. The company focuses on delivering a customizable eCommerce platform designed for mid-sized merchants and fast-growing online retail brands. LemonStand's platform enables web developers to create tailored user experiences, including the checkout process, utilizing front-end development tools and frameworks. This flexibility not only enhances the development experience but also ensures that the platform meets the specific needs of merchants while remaining user-friendly for daily operations.

Mobify

Venture Round in 2016
Mobify Research and Development, Inc. is a mobile customer engagement platform that enhances and manages relationships between retailers and their connected customers. Founded in 2007 and headquartered in Vancouver, Canada, with additional offices in Chicago and Reading, Mobify specializes in Progressive Web Apps, enabling brands to improve conversion rates on mobile devices. The platform offers a suite of solutions, including tools for personalizing customer engagement through big data, managing mobile interactions from a centralized location, and optimizing app performance for developers. Prominent global brands such as Lancôme and Carnival Cruise Line utilize Mobify's services to foster customer loyalty and drive revenue growth. As a subsidiary of salesforce.com, Mobify continues to support retailers in meeting evolving customer expectations and maintaining a competitive advantage in the market.

Zymeworks

Series A in 2016
Zymeworks is a biotechnology company focused on optimizing protein-based therapeutics, particularly for cancer treatment. It uses proprietary computational methods to engineer differentiated product candidates, with its lead asset zanidatamab in multiple clinical trials targeting HER2-expressing solid tumors.

SourceKnowledge

Debt Financing in 2015
SourceKnowledge is a Montreal-based company that specializes in programmatic video advertising and performance marketing solutions for e-commerce brands. Founded in 2009, it operates a self-serve video advertising platform called Reach, alongside Engage for performance marketing and Cross-Serve for delivering campaigns across multiple devices. The company utilizes proprietary algorithms and machine learning to optimize ad delivery, providing clients with transparent data analytics and order ID reporting for enhanced audience segmentation. Additional offerings include the RunSafe brand safety suite and tailored agency solutions. SourceKnowledge partners with major digital platforms, including Google and Facebook, to help clients effectively advertise their products on premium digital channels, driving sales and improving marketing performance. With additional offices in Toronto, Vancouver, and Los Angeles, SourceKnowledge serves a global clientele.

Elastic Path

Venture Round in 2015
Elastic Path provides enterprise commerce software solutions that enable businesses to deliver exceptional shopping experiences. Its API-based platform offers personalized and unified buying experiences across multiple channels, integrating seamlessly with marketing clouds and experience management platforms. The company serves various industries globally, empowering commerce leaders to innovate independently while embracing composability.

Cymax Stores

Series A in 2015
Cymax Stores Inc. is an online furniture retailer that specializes in a wide range of home furnishings, including products for the bedroom, office, outdoor spaces, living room, kitchen and dining, bathroom, as well as items for babies and kids. Established in 2004 and headquartered in Burnaby, Canada, with an additional office in Reston, Virginia, the company caters to customers across North America. Cymax Stores aims to enhance the online shopping experience for its clientele by providing a diverse selection of quality furniture and home decor products.

PHEMI

Series A in 2015
PHEMI Systems Corporation specializes in developing a comprehensive privacy, security, governance, and data management system optimized for Microsoft Azure. Founded in 2013 and based in Vancouver, Canada, the company focuses on the healthcare sector, offering the PHEMI Data Privacy Manager. This cloud-based platform addresses the critical need for healthcare organizations to secure, manage, and control access to sensitive information while ensuring compliance with privacy regulations. Built on a privacy-by-design architecture, PHEMI’s software facilitates data sharing and integrates seamlessly with numerous data sources, as well as popular data science and business analysis tools. The platform is designed to scale according to the organization's size and offers a flexible usage-based pricing model.

Switch Materials

Series C in 2015
SWITCH Materials Inc. is a Canadian company founded in 2007, specializing in advanced materials that enable innovative smart window solutions for automotive applications, particularly for OEMs and Tier 1 suppliers. The company focuses on developing proprietary organic molecules that can switch optical properties on command, allowing for functionalities such as automatic darkening of sunroofs in sunlight to reduce heat and glare. Their technology integrates seamlessly into various applications, including automotive glass, architectural glass, and eyewear. SWITCH Materials also conducts extensive research and development in its laboratories and at Simon Fraser University’s 4D LABS, leveraging the expertise of materials scientists skilled in synthetic chemistry, polymer processing, and optics. The company aims to contribute to lower emissions and enhanced customer experiences in electric vehicle markets, as well as in custom solar management applications.

Mojio

Series A in 2015
Founded in 2012, Mojio is a technology company specializing in connected car services. It provides a cloud-connected device that plugs into vehicles to offer insights into driving behavior and vehicle health. Mojio's platform also includes safety features like personalized prompts and geo-location tracking for family and friends. The company serves both individual consumers and businesses, with strategic partnerships with major brands such as Amazon, Bosch, and T-Mobile.

Klue

Seed Round in 2015
Klue is a B2B SaaS company that specializes in market and competitive intelligence, founded in 2015 by Jason Smith and Sarathy Naicker, and is based in Vancouver, Canada. The company offers a competitive enablement platform that assists sales and revenue teams in utilizing competitive intelligence to enhance their business outcomes. Klue's platform aggregates and organizes intelligence from various internal and external sources, providing actionable insights that help organizations navigate competitive environments effectively. By leveraging this curated intelligence, businesses can make informed decisions and improve their competitive positioning in the market.

BuildDirect

Series C in 2014
BuildDirect Technologies Inc. operates an online marketplace that connects homeowners and home improvement professionals in North America with global suppliers of building materials. Founded in 1999 and based in Vancouver, Canada, the company offers a wide range of products, including flooring, decking, tiles, and other building materials. Its platform facilitates the buying and selling of these materials, enhancing accessibility for consumers and professionals alike. BuildDirect's services also include BuildDirect Gateway, a global supply chain platform that provides third parties with access to advanced warehousing and logistics solutions, streamlining the shipping process from manufacturing to last-mile delivery. The company generates the majority of its revenue from its primary platform in the United States.

Neurio

Seed Round in 2014
Neurio Technology, Inc. is a home intelligence technology company based in Vancouver, Canada, that specializes in developing solutions for energy management. Founded in 2005, Neurio focuses on creating smart appliances and efficient home environments by utilizing innovative hardware and software. Its core offering includes a Wi-Fi power sensor paired with a cloud service that monitors home electrical devices, providing insights into appliance usage and energy consumption. Homeowners benefit from real-time feedback through Neurio's mobile applications, which allow them to track their energy consumption and manage their devices effectively. Neurio's technology aims to enhance residential energy management, enabling users to optimize energy flow and reduce costs without needing extensive installations across all appliances. In December 2014, the company rebranded from Energy Aware Technology Inc. and, as of March 2019, operates as a subsidiary of Generac Holdings Inc.

Elastic Path

Venture Round in 2014
Elastic Path provides enterprise commerce software solutions that enable businesses to deliver exceptional shopping experiences. Its API-based platform offers personalized and unified buying experiences across multiple channels, integrating seamlessly with marketing clouds and experience management platforms. The company serves various industries globally, empowering commerce leaders to innovate independently while embracing composability.

PHEMI

Seed Round in 2014
PHEMI Systems Corporation specializes in developing a comprehensive privacy, security, governance, and data management system optimized for Microsoft Azure. Founded in 2013 and based in Vancouver, Canada, the company focuses on the healthcare sector, offering the PHEMI Data Privacy Manager. This cloud-based platform addresses the critical need for healthcare organizations to secure, manage, and control access to sensitive information while ensuring compliance with privacy regulations. Built on a privacy-by-design architecture, PHEMI’s software facilitates data sharing and integrates seamlessly with numerous data sources, as well as popular data science and business analysis tools. The platform is designed to scale according to the organization's size and offers a flexible usage-based pricing model.

LoginRadius

Angel Round in 2014
LoginRadius Inc. is a cloud-based customer identity and access management company that provides a platform specifically designed for mid-to-large sized enterprises globally. Founded in 2011 and headquartered in Vancouver, Canada, with additional offices in India and California, LoginRadius offers a comprehensive suite of services that enhance the customer experience by centralizing customer data and enabling the creation of unified profiles. The platform features customer registration services, social login, user management, and integration with over 150 third-party marketing applications. Additionally, it includes robust security measures such as multi-factor authentication and single sign-on capabilities for both web and mobile applications. LoginRadius serves over 3,000 businesses, reaching approximately 1.17 billion consumers monthly, and is recognized as a key player in the Consumer Identity and Access Management sector by industry analysts.

Axine Water Technologies

Series A in 2014
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.

Wantering

Seed Round in 2014
Wantering operates an online fashion discovery platform designed to help users find and purchase clothing from various sources. The platform aggregates content from fashion blogs and social networks, presenting users with a curated selection of interesting fashion products available across boutiques, flash sales sites, and major retailers. Based in Vancouver, Canada, Wantering streamlines the shopping experience by consolidating multiple retail options into one accessible location.

BuildDirect

Series B in 2014
BuildDirect Technologies Inc. operates an online marketplace that connects homeowners and home improvement professionals in North America with global suppliers of building materials. Founded in 1999 and based in Vancouver, Canada, the company offers a wide range of products, including flooring, decking, tiles, and other building materials. Its platform facilitates the buying and selling of these materials, enhancing accessibility for consumers and professionals alike. BuildDirect's services also include BuildDirect Gateway, a global supply chain platform that provides third parties with access to advanced warehousing and logistics solutions, streamlining the shipping process from manufacturing to last-mile delivery. The company generates the majority of its revenue from its primary platform in the United States.

Mojio

Seed Round in 2013
Founded in 2012, Mojio is a technology company specializing in connected car services. It provides a cloud-connected device that plugs into vehicles to offer insights into driving behavior and vehicle health. Mojio's platform also includes safety features like personalized prompts and geo-location tracking for family and friends. The company serves both individual consumers and businesses, with strategic partnerships with major brands such as Amazon, Bosch, and T-Mobile.

ViewsIQ

Seed Round in 2013
ViewsIQ is a medical imaging company based in Vancouver, BC, Canada, established in 2010. The company specializes in digitizing lab samples, including blood, urine, and tissue, to enhance diagnostic processes. Its flagship product, the Panoptiq platform, integrates into existing laboratory microscopy workflows, allowing clinicians to maintain high control over digital image quality. This technology enables live streaming, digital scanning, storage, and sharing of slides, facilitating remote evaluations of intraoperative frozen sections and other applications. By automatically sharpening out-of-focus areas in panoramic images, ViewsIQ enhances the clarity of lab samples, thereby improving patient care and outcomes.

General Fusion

Series C in 2013
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

viDA Therapeutics

Venture Round in 2013
viDA Therapeutics discovers and develops targeted therapeutics for treating inflammatory and age-related conditions across various systems, including skin, respiratory, musculoskeletal, cardiovascular, and neurological. Its primary focus is Granzyme B inhibitors for conditions like chronic non-healing skin ulcers, photoaging, and fibrotic diseases.

QuickMobile

Venture Round in 2013
QuickMobile Inc. is a company that specializes in developing mobile enterprise applications and analytics solutions tailored for meetings and events. Founded in 2006 and based in Vancouver, Canada, QuickMobile provides a range of products including the MobileEvent application for various types of gatherings, MobilePlanner for managing multiple events, and MobileVenue, which offers attendees information on resources such as maps and schedules. Additionally, the company features Concerto, a platform for social media tracking and sharing. QuickMobile enhances the event experience by enabling increased attendee participation and fostering ongoing engagement through its mobile solutions. The company also offers project management, content management, and analytics reporting services to support its clients effectively. As of May 2018, QuickMobile operates as a subsidiary of Cvent, Inc.

viDA Therapeutics

Venture Round in 2013
viDA Therapeutics discovers and develops targeted therapeutics for treating inflammatory and age-related conditions across various systems, including skin, respiratory, musculoskeletal, cardiovascular, and neurological. Its primary focus is Granzyme B inhibitors for conditions like chronic non-healing skin ulcers, photoaging, and fibrotic diseases.

ResponseTek

Venture Round in 2013
ResponseTek Networks Corp. is a prominent provider of Customer Experience Management (CEM) software that focuses on enhancing customer satisfaction through actionable insights. The company's innovative ResponseTek Listening Platform connects large corporations, such as HSBC and Vodafone, with their customers across various touchpoints, including retail, call centers, online platforms, and mobile applications. By employing diverse methods such as SMS surveys, online data collection, and social media monitoring, ResponseTek delivers a comprehensive view of the customer experience through both quantitative analysis and qualitative feedback. Headquartered in Vancouver, with additional offices in Toronto and London, ResponseTek aims to eliminate information silos within organizations by integrating customer experience data and reporting, ultimately fostering improved customer relationships.

BuildDirect

Venture Round in 2012
BuildDirect Technologies Inc. operates an online marketplace that connects homeowners and home improvement professionals in North America with global suppliers of building materials. Founded in 1999 and based in Vancouver, Canada, the company offers a wide range of products, including flooring, decking, tiles, and other building materials. Its platform facilitates the buying and selling of these materials, enhancing accessibility for consumers and professionals alike. BuildDirect's services also include BuildDirect Gateway, a global supply chain platform that provides third parties with access to advanced warehousing and logistics solutions, streamlining the shipping process from manufacturing to last-mile delivery. The company generates the majority of its revenue from its primary platform in the United States.

QuickMobile

Venture Round in 2012
QuickMobile Inc. is a company that specializes in developing mobile enterprise applications and analytics solutions tailored for meetings and events. Founded in 2006 and based in Vancouver, Canada, QuickMobile provides a range of products including the MobileEvent application for various types of gatherings, MobilePlanner for managing multiple events, and MobileVenue, which offers attendees information on resources such as maps and schedules. Additionally, the company features Concerto, a platform for social media tracking and sharing. QuickMobile enhances the event experience by enabling increased attendee participation and fostering ongoing engagement through its mobile solutions. The company also offers project management, content management, and analytics reporting services to support its clients effectively. As of May 2018, QuickMobile operates as a subsidiary of Cvent, Inc.

LemonStand

Seed Round in 2012
LemonStand is an eCommerce software provider based in Vancouver, British Columbia, founded in 2010. The company focuses on delivering a customizable eCommerce platform designed for mid-sized merchants and fast-growing online retail brands. LemonStand's platform enables web developers to create tailored user experiences, including the checkout process, utilizing front-end development tools and frameworks. This flexibility not only enhances the development experience but also ensures that the platform meets the specific needs of merchants while remaining user-friendly for daily operations.

Axine Water Technologies

Seed Round in 2012
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.

Wantering

Seed Round in 2012
Wantering operates an online fashion discovery platform designed to help users find and purchase clothing from various sources. The platform aggregates content from fashion blogs and social networks, presenting users with a curated selection of interesting fashion products available across boutiques, flash sales sites, and major retailers. Based in Vancouver, Canada, Wantering streamlines the shopping experience by consolidating multiple retail options into one accessible location.

Weddingful

Seed Round in 2012
Weddingful, Inc. is an online wedding planning service based in Vancouver, Canada, founded in 2009. The company connects couples with a diverse range of local vendors, including those specializing in photography, videography, catering, transportation, entertainment, and more. Weddingful provides an interactive platform where couples can personalize their wedding planning experience by discovering and comparing vendors within their city. The service allows users to view vendor galleries, check availability, and read reviews, facilitating efficient communication and online bookings. By streamlining the wedding planning process, Weddingful aims to enhance the experience for brides and grooms, making it easier to organize their special day.

viDA Therapeutics

Venture Round in 2012
viDA Therapeutics discovers and develops targeted therapeutics for treating inflammatory and age-related conditions across various systems, including skin, respiratory, musculoskeletal, cardiovascular, and neurological. Its primary focus is Granzyme B inhibitors for conditions like chronic non-healing skin ulcers, photoaging, and fibrotic diseases.

Switch Materials

Series B in 2010
SWITCH Materials Inc. is a Canadian company founded in 2007, specializing in advanced materials that enable innovative smart window solutions for automotive applications, particularly for OEMs and Tier 1 suppliers. The company focuses on developing proprietary organic molecules that can switch optical properties on command, allowing for functionalities such as automatic darkening of sunroofs in sunlight to reduce heat and glare. Their technology integrates seamlessly into various applications, including automotive glass, architectural glass, and eyewear. SWITCH Materials also conducts extensive research and development in its laboratories and at Simon Fraser University’s 4D LABS, leveraging the expertise of materials scientists skilled in synthetic chemistry, polymer processing, and optics. The company aims to contribute to lower emissions and enhanced customer experiences in electric vehicle markets, as well as in custom solar management applications.

D-Wave Systems

Series C in 2008
D-Wave Systems Inc. is a pioneering company in the field of quantum computing, recognized as the world’s first commercial supplier of quantum computers. Founded in 1999 and headquartered in Burnaby, Canada, D-Wave specializes in the development, fabrication, and integration of superconducting quantum computers. The company offers a range of products, including the D-Wave Two System, a commercial quantum computer, and D-Wave Hybrid, an open-source platform for creating hybrid quantum-classical applications. Leap, its cloud-based service, provides real-time access to quantum computing resources along with development tools and educational content. D-Wave’s quantum computers are applied across various sectors, addressing challenges in mission planning, logistics, machine learning, and optimization problems, among others. The company serves diverse industries, including defense, finance, energy, and academia, and also offers professional services, training, and customer support to enhance user experience and application development.

General Fusion

Seed Round in 2008
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Neuromed Pharmaceuticals

Series E in 2007
Neuromed Pharmaceuticals is focused on the development, production, and marketing of pain therapies in Canada and the United States. Neuromed Pharmaceuticals was acquired by Zalicus in December 2009. Neuromed Pharmaceuticals was founded in 1998 and is based in Vancouver, Canada.

Protiva Biotherapeutics

Venture Round in 2007
Protiva Biotherapeutics, Inc. is a biotechnology company in the development stage that specializes in nucleic acid-based pharmaceutical products. It aims to combat various human diseases, including cancer, influenza, Ebola, inflammatory diseases, and chronic viral infections. The company's product pipeline includes Pro 1, a tumor cell growth inhibitor; Pro-101, an siRNA product targeting tumor growth-related proteins; and Pro-B, which inhibits apolipoprotein B expression. Additionally, Protiva develops Pro-EBOV and Pro-MARV, which are designed to inhibit the replication of the Ebola and Marburg viruses, respectively. The company also employs Stable Nucleic-Acid Lipid Particle technology to facilitate the delivery of nucleic acid payloads to target cells. Furthermore, Protiva is engaged in developing siRNA products for the treatment of hepatitis B and C. Founded in 2000, Protiva Biotherapeutics is headquartered in Seattle, Washington, with a research and development facility located in Vancouver, Canada. As of 2008, it operates as a subsidiary of Tekmira Pharmaceuticals Corp.

Mobidia Technology

Series A in 2007
Mobidia Technology Inc., established in 2004 and headquartered in Richmond, Canada, specializes in providing global mobile app and network usage data solutions. The company offers datasets including app data, network data, device data, and plan data, along with methodology, delivery, and dashboard solutions. Mobidia's platforms enable businesses to track competitors, identify trends, optimize data plans, develop over-the-top strategies, and target advertising effectively using real-world usage data worldwide. Notably, Mobidia is also the provider of the popular My Data Manager application for iOS and Android users. As of May 6, 2015, Mobidia operates as a subsidiary of App Annie Limited.

Layer 7 Technologies

Series B in 2006
Layer 7 Technologies provides security and management products for API-driven integrations spanning the extended hybrid enterprise. It offers API management solutions such as API Proxy, a virtual API gateway that gives API publishers a tool for securing, orchestrating, and optimizing APIs as well as enforcing SLAs; XML Firewall that is designed to address access, federation, and message security needs in service oriented architecture (SOA) based integrations; SOA Gateway, an API Gateway that provides data translation, contextual routing, SLA management, caching, protocol switching, and B2B functionality; and Mobile Access Gateway, which simplifies the process of adapting internal data, application, and security infrastructure for mobile use. The company also offers developer management solutions, including API Portal, a platform for developer onboarding, engagement, and management; and operations management solutions such as API Service Manager that simplifies API, service, and gateway management across datacenters and the cloud. In addition, it offers identity management solutions, including OAuth Toolkit which empowers users to control access to their APIs; and Security Token Service for API identity translation and federation. Further, the company offers API academy training in the areas of introduction, API design and architecture, API strategy consulting, and hackathon management; IT services, such as architectural consulting, implementation, and operational health check; and gateway, API portal, and administrator training services. The company was founded in 2003 and is based in Vancouver, Canada. Currently, it operates as a subsidiary of CA Technologies.

Protiva Biotherapeutics

Series C in 2006
Protiva Biotherapeutics, Inc. is a biotechnology company in the development stage that specializes in nucleic acid-based pharmaceutical products. It aims to combat various human diseases, including cancer, influenza, Ebola, inflammatory diseases, and chronic viral infections. The company's product pipeline includes Pro 1, a tumor cell growth inhibitor; Pro-101, an siRNA product targeting tumor growth-related proteins; and Pro-B, which inhibits apolipoprotein B expression. Additionally, Protiva develops Pro-EBOV and Pro-MARV, which are designed to inhibit the replication of the Ebola and Marburg viruses, respectively. The company also employs Stable Nucleic-Acid Lipid Particle technology to facilitate the delivery of nucleic acid payloads to target cells. Furthermore, Protiva is engaged in developing siRNA products for the treatment of hepatitis B and C. Founded in 2000, Protiva Biotherapeutics is headquartered in Seattle, Washington, with a research and development facility located in Vancouver, Canada. As of 2008, it operates as a subsidiary of Tekmira Pharmaceuticals Corp.

D-Wave Systems

Series B in 2006
D-Wave Systems Inc. is a pioneering company in the field of quantum computing, recognized as the world’s first commercial supplier of quantum computers. Founded in 1999 and headquartered in Burnaby, Canada, D-Wave specializes in the development, fabrication, and integration of superconducting quantum computers. The company offers a range of products, including the D-Wave Two System, a commercial quantum computer, and D-Wave Hybrid, an open-source platform for creating hybrid quantum-classical applications. Leap, its cloud-based service, provides real-time access to quantum computing resources along with development tools and educational content. D-Wave’s quantum computers are applied across various sectors, addressing challenges in mission planning, logistics, machine learning, and optimization problems, among others. The company serves diverse industries, including defense, finance, energy, and academia, and also offers professional services, training, and customer support to enhance user experience and application development.

Neuromed Pharmaceuticals

Series D in 2006
Neuromed Pharmaceuticals is focused on the development, production, and marketing of pain therapies in Canada and the United States. Neuromed Pharmaceuticals was acquired by Zalicus in December 2009. Neuromed Pharmaceuticals was founded in 1998 and is based in Vancouver, Canada.

Mobidia Technology

Venture Round in 2006
Mobidia Technology Inc., established in 2004 and headquartered in Richmond, Canada, specializes in providing global mobile app and network usage data solutions. The company offers datasets including app data, network data, device data, and plan data, along with methodology, delivery, and dashboard solutions. Mobidia's platforms enable businesses to track competitors, identify trends, optimize data plans, develop over-the-top strategies, and target advertising effectively using real-world usage data worldwide. Notably, Mobidia is also the provider of the popular My Data Manager application for iOS and Android users. As of May 6, 2015, Mobidia operates as a subsidiary of App Annie Limited.

Mobidia Technology

Series A in 2005
Mobidia Technology Inc., established in 2004 and headquartered in Richmond, Canada, specializes in providing global mobile app and network usage data solutions. The company offers datasets including app data, network data, device data, and plan data, along with methodology, delivery, and dashboard solutions. Mobidia's platforms enable businesses to track competitors, identify trends, optimize data plans, develop over-the-top strategies, and target advertising effectively using real-world usage data worldwide. Notably, Mobidia is also the provider of the popular My Data Manager application for iOS and Android users. As of May 6, 2015, Mobidia operates as a subsidiary of App Annie Limited.

Novadaq Technologies

Venture Round in 2005
Novadaq Technologies Inc. is a medical technology company that specializes in the development and commercialization of fluorescence imaging products and therapeutic devices for surgical applications. The company’s flagship product, the SPY Elite system, allows surgeons to visualize microvascular blood flow and tissue perfusion during complex procedures, including breast reconstruction and cardiothoracic surgery. In addition to SPY Elite, Novadaq offers the PINPOINT endoscopic fluorescence imaging system and the LUNA fluorescence angiography system, which provide real-time insights into tissue health. The company also produces Dermacell, a regenerative human tissue matrix used in various surgical treatments. Headquartered in Mississauga, Canada, Novadaq operates a manufacturing facility in Richmond, British Columbia, and has formed strategic alliances with multiple healthcare organizations to enhance its product offerings. Founded in 2000, Novadaq Technologies has established itself as a leader in surgical imaging technology, aimed at improving patient outcomes and optimizing surgical procedures. As of September 2017, it operates as a subsidiary of Stryker Corporation.

Layer 7 Technologies

Seed Round in 2004
Layer 7 Technologies provides security and management products for API-driven integrations spanning the extended hybrid enterprise. It offers API management solutions such as API Proxy, a virtual API gateway that gives API publishers a tool for securing, orchestrating, and optimizing APIs as well as enforcing SLAs; XML Firewall that is designed to address access, federation, and message security needs in service oriented architecture (SOA) based integrations; SOA Gateway, an API Gateway that provides data translation, contextual routing, SLA management, caching, protocol switching, and B2B functionality; and Mobile Access Gateway, which simplifies the process of adapting internal data, application, and security infrastructure for mobile use. The company also offers developer management solutions, including API Portal, a platform for developer onboarding, engagement, and management; and operations management solutions such as API Service Manager that simplifies API, service, and gateway management across datacenters and the cloud. In addition, it offers identity management solutions, including OAuth Toolkit which empowers users to control access to their APIs; and Security Token Service for API identity translation and federation. Further, the company offers API academy training in the areas of introduction, API design and architecture, API strategy consulting, and hackathon management; IT services, such as architectural consulting, implementation, and operational health check; and gateway, API portal, and administrator training services. The company was founded in 2003 and is based in Vancouver, Canada. Currently, it operates as a subsidiary of CA Technologies.

Neuromed Pharmaceuticals

Series C in 2003
Neuromed Pharmaceuticals is focused on the development, production, and marketing of pain therapies in Canada and the United States. Neuromed Pharmaceuticals was acquired by Zalicus in December 2009. Neuromed Pharmaceuticals was founded in 1998 and is based in Vancouver, Canada.

ResponseTek

Seed Round in 2003
ResponseTek Networks Corp. is a prominent provider of Customer Experience Management (CEM) software that focuses on enhancing customer satisfaction through actionable insights. The company's innovative ResponseTek Listening Platform connects large corporations, such as HSBC and Vodafone, with their customers across various touchpoints, including retail, call centers, online platforms, and mobile applications. By employing diverse methods such as SMS surveys, online data collection, and social media monitoring, ResponseTek delivers a comprehensive view of the customer experience through both quantitative analysis and qualitative feedback. Headquartered in Vancouver, with additional offices in Toronto and London, ResponseTek aims to eliminate information silos within organizations by integrating customer experience data and reporting, ultimately fostering improved customer relationships.

D-Wave Systems

Seed Round in 2002
D-Wave Systems Inc. is a pioneering company in the field of quantum computing, recognized as the world’s first commercial supplier of quantum computers. Founded in 1999 and headquartered in Burnaby, Canada, D-Wave specializes in the development, fabrication, and integration of superconducting quantum computers. The company offers a range of products, including the D-Wave Two System, a commercial quantum computer, and D-Wave Hybrid, an open-source platform for creating hybrid quantum-classical applications. Leap, its cloud-based service, provides real-time access to quantum computing resources along with development tools and educational content. D-Wave’s quantum computers are applied across various sectors, addressing challenges in mission planning, logistics, machine learning, and optimization problems, among others. The company serves diverse industries, including defense, finance, energy, and academia, and also offers professional services, training, and customer support to enhance user experience and application development.

Bycast

Seed Round in 2002
Bycast is the leading provider of advanced storage virtualization software for large-scale digital archives and storage clouds. For organizations whose business depends on access to vital data, Bycast protects and preserves digital assets over their lifetime. Bycast StorageGRID:registered: software enables organizations to optimize their storage infrastructure and ensure the integrity and availability of their valuable data assets. StorageGRID also enables the formation of archives that can scale to petabytes of data across hundreds of sites. StorageGRID is sold in over 20 countries through OEM relationships with two of the world’s major storage vendors. Bycast Inc. is a privately held company headquartered in Vancouver, BC.
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