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.

Dinar Ahmed

Principal

Réjean Asselin

Assistant Vice President, Portfolio Management - Growth and Transition Capital

Lenka Baloghova

Associate

Amine Benmoussa

Associate Director

Disha Bhargav

Associate

Past deals in Water

RainStick

Seed Round in 2024
RainStick is a company that has developed a WiFi-enabled shower system designed to significantly reduce water and energy consumption while maintaining a luxurious shower experience. Their innovative product recirculates and filters water, allowing users to save up to 80% in both water and energy usage. Additionally, the shower system includes features that track real-time water and energy savings, providing users with insights into their consumption patterns. By focusing on sustainability and advanced shower technology, RainStick aims to transform traditional showering practices into an eco-friendly experience.

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.

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.

Alert Labs

Funding Round in 2017
Alert Labs Inc. is a Kitchener, Canada-based company founded in 2015 that specializes in manufacturing water and flood monitoring sensors. As a subsidiary of Watsco, Inc., Alert Labs develops cellular-connected home protection technology designed for smart home monitoring services. The company's products include reliable and easy-to-install hardware and software that gather and analyze real-time data on water leaks, floods, and power issues. By providing homeowners with the ability to receive immediate alerts and insights through their smartphones, Alert Labs aims to help prevent property damage and reduce costs associated with water-related incidents.

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.

Hortau

Series C in 2016
Founded in 2002, Hortau designs and manufactures wireless, web-based irrigation management systems. It offers field monitoring stations, sensors for soil tension, temperature, humidity, and weather parameters, along with cloud-based software Irrolis for real-time data capture and remote control of irrigation systems.

Hortau

Venture Round in 2015
Founded in 2002, Hortau designs and manufactures wireless, web-based irrigation management systems. It offers field monitoring stations, sensors for soil tension, temperature, humidity, and weather parameters, along with cloud-based software Irrolis for real-time data capture and remote control of irrigation systems.

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.

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.

Nephros - Pathogen Detection Systems (“PDS”) business

Venture Round in 2005
Nephros PDS unit provides on-site or laboratory solutions for the identification and quantification of waterborne and infectious disease pathogens.
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