BDC Capital

Xaba is a company focused on developing automated technology for sustainable manufacturing. It specializes in creating innovative processes, control systems, and materials that facilitate automation in manufacturing environments. By leveraging artificial intelligence, Xaba aims to enhance the performance and quality of produced goods while providing industries with safe and efficient manufacturing options. The company's solutions are designed to enable manufacturers to adopt sustainable practices, thereby improving overall operational efficiency and contributing to environmentally friendly production methods.

Manac is a manufacturer and designer of aluminum semi-trailers, catering to various sectors including transportation, construction, energy, mining, forestry, and agriculture. The company offers a diverse range of products, including vans, flatbeds, and specialized trailers such as dumps, low beds, grain hoppers, chassis, and trailers for chips and logging. With a focus on the heavy trailer industry, Manac positions itself as a key player in providing durable and efficient solutions for road transport and related applications.

Xaba is a company focused on developing automated technology for sustainable manufacturing. It specializes in creating innovative processes, control systems, and materials that facilitate automation in manufacturing environments. By leveraging artificial intelligence, Xaba aims to enhance the performance and quality of produced goods while providing industries with safe and efficient manufacturing options. The company's solutions are designed to enable manufacturers to adopt sustainable practices, thereby improving overall operational efficiency and contributing to environmentally friendly production methods.

Xaba is a company focused on developing automated technology for sustainable manufacturing. It specializes in creating innovative processes, control systems, and materials that facilitate automation in manufacturing environments. By leveraging artificial intelligence, Xaba aims to enhance the performance and quality of produced goods while providing industries with safe and efficient manufacturing options. The company's solutions are designed to enable manufacturers to adopt sustainable practices, thereby improving overall operational efficiency and contributing to environmentally friendly production methods.

DarwinAI Corp. is a Canadian company that specializes in artificial intelligence technology, particularly in the development of deep neural networks for enterprise applications. Founded in 2017 and based in Waterloo, the company offers GenSynth, a software platform designed for developers and data scientists to streamline the deep learning development process. GenSynth employs generative synthesis technology, allowing for the automatic creation of optimized, explainable AI models that meet specific performance criteria while ensuring transparency throughout the development stages. Additionally, DarwinAI has developed an AI-powered visual quality inspection system aimed at enhancing the PCBA manufacturing lifecycle. This system leverages specialized optics and advanced algorithms to detect defects in products, improving quality and consistency while reducing costs for manufacturers.

Acerta Analytics Inc. specializes in machine intelligence solutions that analyze raw machine data to facilitate informed decision-making, particularly in the automotive sector. The company's flagship product, Acerta CHECK, employs statistical methods, data mining algorithms, and machine learning techniques to identify critical issues and anomalies in machine behavior. By assisting automotive manufacturers, including original equipment manufacturers and parts suppliers, Acerta helps improve quality control, reduce defects, and accelerate the market readiness of complex products. Additionally, the company's technology is applicable in aerospace for aircraft health management. Acerta's analytics platform empowers manufacturers to detect early signs of potential product failures, enhance root cause analysis, minimize scrap and rework, and continuously refine their processes. Founded in 2014 and based in Waterloo, Canada, Acerta is committed to transforming quality control through advanced artificial intelligence.

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.

Vention is a cloud-based digital manufacturing platform that enables engineers and manufacturing professionals to design, order, and assemble custom factory equipment in days. It features a 3D Machine Builder with a library of modular structural, motion, and control components, including T-slot aluminum extrusion systems, and supports design, simulation, and ordering directly in a web browser. Its AI-enabled 3D constraints help optimize layouts and ensure feasible configurations, while the platform integrates design, programming, simulation, ordering, and commissioning in a single digital environment. Vention serves both experienced automation specialists and first-time designers, streamlining the creation of automated equipment for applications such as robot cells, tooling, conveyors, and other factory automation.

GaN Systems develops and manufactures gallium nitride power switching transistors for various applications. Its products include 650 V E-HEMT and 100 V E-HEMT transistors, serving consumer brand and enterprise equipment manufacturers globally.

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.

Weever Apps is a technology company that specializes in providing operations management solutions aimed at automating administrative tasks and enhancing productivity in manufacturing environments. The company offers software that digitizes processes, electronic forms, and inspections, effectively replacing traditional paper-based systems. By streamlining data-intensive tasks such as training and inspections, Weever's platform allows businesses to simplify workflows and optimize the performance of frontline employees. This digitization not only helps in tracking essential results but also enables organizations to unlock their operational potential through efficient workflow automation.

Canvass AI offers an AI-driven platform tailored for Industrial Operations. It empowers operators to enhance product quality, optimize processes, and reduce energy consumption in their daily tasks.

Praemo Inc. is a Canadian company based in Kitchener, founded in 2017, that specializes in developing detection technology for the industrial sector. Its primary product, Razor, is an analytics engine that integrates artificial intelligence and the Industrial Internet of Things (IIoT) to analyze operational data and deliver actionable insights. Praemo's technology is designed to identify abnormal equipment and process behavior, enabling organizations in manufacturing, automotive, consumer packaged food, aerospace, oil and gas, mining, and agriculture to predict and prevent disruptions in their operations. By leveraging its expertise and advanced analytics, the company helps its clients transform data into strategic recommendations, thus enhancing their operational efficiency and competitiveness in a data-driven market.

Art Massif is a Canadian company based in Saint-Jean-Port-Joli, established in 2010, that specializes in the design and manufacture of glued-laminated timber structures. The company produces a variety of products, including glulam decking, frames for public and commercial buildings, and structural elements such as beams and columns. Art Massif serves a diverse range of sectors, creating custom wood structures for restaurants, offices, schools, luxury homes, and recreational facilities. Their services encompass the entire process from design to manufacturing and installation, ensuring high-quality timber solutions tailored to the needs of their clients.

Solid State AI develops a software as a service platform for advanced manufacturing, enabling process and equipment engineers to increase yields, optimize process parameters, and reduce maintenance costs and downtime. The platform uses hybrid quantum-classical machine learning to predict production lines and dynamically optimize parameters to adapt to changing environments, improving product quality and plant revenue while allowing engineers to focus on high-value tasks. It is particularly effective on sparse or noisy data with limited datasets.

Eigen Innovations Inc. is a Canadian technology company that develops artificial intelligence–driven vision analytics and process control solutions for industrial manufacturers. Its flagship platform, Intellexon, captures video and sensor data from production lines and uses machine learning to identify defects, recommend optimal machine settings, and generate standardized digital inspection records. The company’s OneView software aggregates these records, enabling factory teams to introduce automation, analyze root causes of defects, and reduce recurrence. Eigen Innovations serves sectors such as automotive, food processing, construction materials, and mining, helping clients deploy inline inspection systems that improve quality, predict outcomes, and lower operational risk.

Canvass AI offers an AI-driven platform tailored for Industrial Operations. It empowers operators to enhance product quality, optimize processes, and reduce energy consumption in their daily tasks.

GreenMantra Technologies Ltd. is a Canadian company based in Brantford that specializes in the manufacturing and marketing of synthetic waxes, polymer additives, and other chemicals derived from recycled plastics. Founded in 2010, the company utilizes a proprietary thermo-catalytic system that employs catalytic depolymerization technology to convert waste plastics, including challenging materials like grocery bags and films, into high-value waxes and specialty chemicals. These products find diverse applications across various industries, including coatings, plastic processing, adhesives, roofing, and paving. By focusing on the up-cycling of hard-to-recycle plastics, GreenMantra aims to contribute to sustainable manufacturing practices and promote the use of recyclable materials in industrial processes.

Upchain is a provider of cloud-based product lifecycle management (PLM) and product data management (PDM) solutions, established in 2015. The company aims to transform PLM by making it accessible to all users across the supply chain, rather than just large multinational corporations. Upchain's software facilitates collaboration within decentralized product value chains, offering features such as item management, version control, change management, bills of materials management, file compliance, and integration with computer-aided design tools. By focusing on creating an interconnected supply chain, Upchain seeks to simplify complex processes, enabling manufacturers to enhance revenue, reduce costs, and improve product quality.

Equispheres is a Canadian manufacturer that produces ultra‑high‑performance spherical metal powders for additive manufacturing and metal spray coating applications, with a primary focus on aerospace. Its patent‑pending atomization technology creates free‑flowing, monograin, agglomerate‑free powders that exhibit a narrow particle‑size distribution, excellent sphericity, and consistent microstructure without the need for sieving or classification. These properties enable superior control and performance efficiencies in end‑use parts. The company also offers application‑engineering services to help industries adopt metal additive manufacturing processes, supporting economic mass production of additively manufactured components. Founded in 2015 and headquartered in Ottawa, Equispheres supplies powders such as aluminum designed for volume additive manufacturing.

Fuller Industrial specializes in manufacturing industrial piping solutions, focusing on mitigating abrasion and corrosion challenges. The company offers a range of services, including pipe spool fabrication, rubber and ceramic lining, and protective coatings. With advanced facilities, Fuller efficiently handles projects from single fittings to entire plant piping systems, ensuring durability, operational efficiency, and long-term reliability in harsh environments.

A leading global supplier to the wood processing industry. BID offers comprehensive solutions including equipment manufacturing, turnkey management services, engineering, project management, installation, startup, and after-sales service.

Canvass AI offers an AI-driven platform tailored for Industrial Operations. It empowers operators to enhance product quality, optimize processes, and reduce energy consumption in their daily tasks.

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.

Upchain is a provider of cloud-based product lifecycle management (PLM) and product data management (PDM) solutions, established in 2015. The company aims to transform PLM by making it accessible to all users across the supply chain, rather than just large multinational corporations. Upchain's software facilitates collaboration within decentralized product value chains, offering features such as item management, version control, change management, bills of materials management, file compliance, and integration with computer-aided design tools. By focusing on creating an interconnected supply chain, Upchain seeks to simplify complex processes, enabling manufacturers to enhance revenue, reduce costs, and improve product quality.

Rotoliptic specializes in manufacturing Rotoliptic Pump, a positive displacement pump designed for handling multi-phase flows of viscous fluids. Its unique two-part architecture offers high operating efficiencies across varied temperatures and conditions, making it ideal for pumping crude oil in midstream oil and gas applications.

BioAmber is a private company based in Delaware that specializes in the production of renewable succinic acid and related chemical intermediates. Formerly known as DNP Green Technology, the company rebranded following its acquisition of a joint venture with ARD. Utilizing a proprietary technology platform that integrates industrial biotechnology and chemical catalysis, BioAmber converts bio-based feedstocks into a variety of renewable chemicals. Its product offerings include materials for polyurethanes, resins, coatings, de-icing solutions, fine chemicals, lubricants, and engineering plastics, among others. The company aims to provide sustainable industrial chemical solutions to its clients, contributing to a more eco-friendly chemical industry.

Eigen Innovations Inc. is a Canadian technology company that develops artificial intelligence–driven vision analytics and process control solutions for industrial manufacturers. Its flagship platform, Intellexon, captures video and sensor data from production lines and uses machine learning to identify defects, recommend optimal machine settings, and generate standardized digital inspection records. The company’s OneView software aggregates these records, enabling factory teams to introduce automation, analyze root causes of defects, and reduce recurrence. Eigen Innovations serves sectors such as automotive, food processing, construction materials, and mining, helping clients deploy inline inspection systems that improve quality, predict outcomes, and lower operational risk.

Founded in 2012, Nix Sensor Ltd. specializes in developing color measurement solutions. Its flagship product, the Nix Color Sensor, is a portable spectrophotometer that captures precise color data from physical objects and syncs it with user-friendly software via Bluetooth. This technology serves professionals across various industries such as paints and coatings, print and packaging, manufacturing, cosmetics, and more, enabling efficient color management.

GaN Systems develops and manufactures gallium nitride power switching transistors for various applications. Its products include 650 V E-HEMT and 100 V E-HEMT transistors, serving consumer brand and enterprise equipment manufacturers globally.

Founded in Toronto, Canada in 2015, Mejuri is a fine jewelry company that offers high-quality, ethically sourced products at affordable prices. It works directly with top jewelers to create exclusive designs and delivers new collections weekly through its direct-to-consumer e-commerce platform.

Vizimax Inc. is a manufacturer of automation and energy-related solutions for medium and high voltage electrical system operators. Based in Longueuil, Canada, the company develops a range of products including the RightWON automation controller system, controlled switching devices for enhanced stability and reliability of electric systems, and Analog Merging Units that convert analog signals into digital values for transmission over Ethernet LANs. Vizimax also offers the Versa product for substation automation and protection, along with training and field configuration services. The company serves a diverse clientele, including electric utilities, renewable energy producers, heavy industries, transportation sectors, and water and wastewater markets, both in Canada and internationally. Established in 1988 and rebranded in 2009, Vizimax focuses on modernizing the electric grid and reducing network outages through automation, thereby facilitating the integration of renewable energy sources like wind and solar power into the grid.

Nexterra is a manufacturer of advanced gasification systems designed for thermal and cogeneration applications. The company specializes in enabling industrial and institutional facilities to self-generate clean and cost-effective heat and power using waste fuels, particularly renewable biomass such as wood waste. Nexterra's systems are characterized by their lower operational costs, design simplicity, reliability, and versatility, along with automated control systems that ensure ultra-low emissions compared to traditional combustion methods. In an environment of rising energy prices, Nexterra's technology provides customers with the opportunity to improve operating margins while reducing their reliance on fossil fuels and grid electricity, ultimately contributing to a significant reduction in carbon footprints.

Rotoliptic specializes in manufacturing Rotoliptic Pump, a positive displacement pump designed for handling multi-phase flows of viscous fluids. Its unique two-part architecture offers high operating efficiencies across varied temperatures and conditions, making it ideal for pumping crude oil in midstream oil and gas applications.

Vaperma is a developer, manufacturer, and supplier of advanced gas separation systems. Vaperma breakthrough patented polymer membrane technology combines solvent and high temperature resistance into a strong hollow fiber which enables to address many industrial applications. Vaperma advanced gas separation systems primarily target dewatering (''dehydration'') in a range of existing energy and industrial markets, including ethanol and natural gas processing applications. It can be used for applications such as the production of fuel-grade ethanol and the dehydration of natural gas, biogas, and chemicals. With Vaperma’s patented hollow-fiber polymer membrane, we offer our customers an energy-saving and eco-friendly solution for high-purity chemical products and a sustainable environment. Vaperma’s growth strategy is to focus on continuously improving its gas separation technologies to meet the broadest range of customer needs.

Vaperma is a developer, manufacturer, and supplier of advanced gas separation systems. Vaperma breakthrough patented polymer membrane technology combines solvent and high temperature resistance into a strong hollow fiber which enables to address many industrial applications. Vaperma advanced gas separation systems primarily target dewatering (''dehydration'') in a range of existing energy and industrial markets, including ethanol and natural gas processing applications. It can be used for applications such as the production of fuel-grade ethanol and the dehydration of natural gas, biogas, and chemicals. With Vaperma’s patented hollow-fiber polymer membrane, we offer our customers an energy-saving and eco-friendly solution for high-purity chemical products and a sustainable environment. Vaperma’s growth strategy is to focus on continuously improving its gas separation technologies to meet the broadest range of customer needs.

Metafoam Technologies Inc. engages in the development, production, and commercialization

Surfasys applies its advanced expertise in mechanical engineering and composite materials to improving the competitiveness of companies in the industrial moulding sector, standing out through its unique leadership and commitment, states Sylvain Savaria, Director, Technology Seed Investments with BDC. Surfasys' activities demonstrate well the business growth and innovation potential of the company.

Microbridge Technologies Canada Inc. is a manufacturer of electronic calibration products and solutions catering to the consumer, automotive, and medical sectors. Established in 1999 and headquartered in Montreal, Canada, the company also maintains offices in Boston and San Jose. Its product offerings include a variety of sensors, such as linear analog-conditioned low differential air pressure sensors and micro flow sensors, as well as sensor conditioners featuring Rejustors. The Rejustor is an electrically adjustable resistor designed for in-circuit calibration and compensation of analog circuits and systems. These products find applications in diverse fields, including HVAC systems, medical devices like CPAP machines, and blood pressure monitors. Microbridge Technologies distributes its products through a network of distributors, emphasizing its commitment to quality and precision in electronic calibration.

Optessa Inc. is a software development company that specializes in providing web-based solutions for optimized planning, scheduling, and sequencing in the manufacturing sector. Founded in 2001 and headquartered in Edmonton, Canada, with additional offices in Red Bank, New Jersey, and Pune, India, Optessa offers several key products, including Optessa MLP for multi-plant demand and capacity planning, Optessa MLS for assembly line sequencing, and Optessa RTS for real-time scheduling tailored to automated environments. These solutions cater to a diverse range of industries, including automotive, semiconductor, industrial equipment, and consumer goods. Optessa's technology is designed to facilitate seamless integration of planning and scheduling processes, ensuring that production rules are adhered to and that all relevant capacities and requirements are considered for effective order fulfillment. The company emphasizes the use of its patented solver, which evaluates the entire solution space to deliver optimal outcomes.

Sciemetric Instruments Inc. is a leader in the development of software and systems for quality control in manufacturing, specializing in manufacturing intelligence solutions that help detect and analyze defects. Founded in 1981 and based in Ottawa, Canada, the company offers a range of products including Qualityworx, a process management software; sigPOD, an in-station monitoring platform; and various specialized systems for leak testing, torque monitoring, and sound analysis. Sciemetric's technology is designed to provide real-time insights into manufacturing processes, enabling clients to enhance yield, improve quality, and reduce costs. The company serves diverse sectors, including automotive and medical devices, and operates globally with offices in the United States, India, China, and the United Kingdom. With over 30 years of experience, Sciemetric has established a strong reputation for its innovative solutions that contribute to the advancement of Industry 4.0 technologies.