The Business Development Bank of Canada (BDC), established in 1944 and headquartered in Montreal, is a financial institution dedicated to supporting small and medium-sized enterprises (SMEs) across Canada. BDC offers a range of financial products and services, including business loans, corporate financing, and subordinate financing, as well as consulting services related to strategic planning, human resource management, and international expansion. With a focus on various industries such as aerospace, automotive, construction, fisheries, food and beverage, manufacturing, mining, oil and gas, technology, and tourism, BDC operates through a network of over 100 offices, providing services in both official languages.
SVP Growth and Transition Capital, Wholesale Financing
Nicole Leite
Principal
Vern Malcolm
Managing Director, Growth and Transition Capital
Mona Minhas
Partner
Mike Notto
Partner
Sal Rabbani
Managing Partner, Advisory Services
Andrianiaina Rajaobelina
Associate Principal
Chantal Remy
Senior Vice President, Quebec and Atlantic and Advisory Services
Kunle Tauhid
Vice President, Financing and Consulting
Maxime Tourangeau
Partner
David Wan
Director, Growth and Transition Capital
Past deals in Ottawa
Hyperlume
Seed Round in 2025
Hyperlume Inc., an avant-garde deep-tech venture based in Ottawa, Canada, is pioneering a groundbreaking ultra-low optical connectivity solution tailored for the realms of high-performance computing (HPC), artificial intelligence (AI), and cutting-edge processors destined for the forefront of edge computing platforms.
Relogix
Series A in 2019
Relogix Inc., founded in 2010 and based in Ottawa, Canada, specializes in developing sensor-based devices for monitoring and tracking unused office spaces. The company offers a comprehensive solution that includes UtiLive, a system utilizing space tracking sensors and a machine learning analytics engine for data analysis. Relogix operates on a sensor-as-a-service model, which encompasses floor planning, deployment of sensor devices, and ongoing monitoring through a cloud-based application. The company's offerings are designed to support large enterprises and commercial real estate portfolios, enabling clients to make informed, data-driven decisions regarding their real estate strategies. Relogix's innovative workplace insights platform, Conexus, and advanced IoT occupancy sensors aim to enhance the workplace experience and optimize real estate utilization.
Assent
Series B in 2017
Assent Compliance Inc. specializes in providing compliance software and data management solutions aimed at assisting manufacturers with product compliance, trade compliance, and sustainability management. Its offerings include a suite of tools such as Global Product Regulatory Software, Environmental Compliance Software, and Custom Compliance Survey Software, which facilitate the management of compliance portfolios, environmental regulations, and supplier communication. The company also features Inspection Software that enables the creation of custom compliance forms. Additionally, Assent provides services like regulatory compliance consulting, data procurement, and support for ethical supply chain initiatives. Founded in 2005 and headquartered in Ottawa, Canada, Assent is dedicated to helping businesses navigate complex regulatory environments while promoting responsible and sustainable practices within their supply chains.
Assent
Series A in 2016
Assent Compliance Inc. specializes in providing compliance software and data management solutions aimed at assisting manufacturers with product compliance, trade compliance, and sustainability management. Its offerings include a suite of tools such as Global Product Regulatory Software, Environmental Compliance Software, and Custom Compliance Survey Software, which facilitate the management of compliance portfolios, environmental regulations, and supplier communication. The company also features Inspection Software that enables the creation of custom compliance forms. Additionally, Assent provides services like regulatory compliance consulting, data procurement, and support for ethical supply chain initiatives. Founded in 2005 and headquartered in Ottawa, Canada, Assent is dedicated to helping businesses navigate complex regulatory environments while promoting responsible and sustainable practices within their supply chains.
Solantro Semiconductor
Series A in 2012
Solantro Semiconductor Corp. is a semiconductor company based in Ottawa, Canada, specializing in the design and manufacture of integrated circuits for grid applications, particularly in the renewable energy sector. Founded in 2009, the company develops advanced power management chipsets, including analog power managers, maximizer DC controllers, and micro-inverter controllers. These chipsets enhance the functionality of solar panels, transforming them into integrated power generators. Solantro's products support applications such as DC-AC micro-inverters, DC-DC power optimizers, and intelligent photovoltaic (PV) module safety disconnects. In addition to hardware, the company offers software development tools to facilitate the integration of its semiconductor solutions into power electronics and smart grid systems. Solantro serves various clients in the renewable energy and power electronics industries, leveraging its expertise in system architecture and power conversion to promote scalable and efficient energy solutions.
Liquid Computing
Series B in 2006
Liquid Computing Corp. develops converged communications and computing platforms. It designs and develops LiquidIQ, a computing infrastructure that offers IT infrastructure and data centers management, and software-based control of servers, as well as storage and networking resources. The company was founded in 2003 and is based in Ottawa, Canada with an additional office in Stamford, Connecticut.
Cyrium Technologies
Series B in 2005
Cyrium Technologies Inc. operates as a fabless concentrator photovoltaic (CPV) cell manufacturer in Canada. The company develops, manufactures, and supplies CPV cells for terrestrial solar energy markets and CPV system manufacturers; quantum dot enhanced cells; and application-specific concentrator cells (ASCC). It also provides cell performance optimization and customization services through the ASCC program. The company was founded in 2002 and is headquartered in Ottawa, Canada with an additional office in Hong Kong.
Critical Telecom
Venture Round in 2003
Critical Telecom is a Canadian company based in Ottawa, established in 1987, that specializes in developing broadband enabling platforms for IP-based access networks. The company focuses on providing innovative solutions to enhance network access, including its flagship product, GEmini, an Ethernet remote DSLAM. This technology delivers non-blocking bandwidth, which supports various applications such as triple play services and IPTV. By offering these advanced broadband services, Critical Telecom aims to facilitate seamless streaming and improve overall user experience in accessing network services.
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