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 Manufacturing
Nanoprecise
Series C in 2025
Nanoprecise Sci Corp specializes in condition monitoring systems that leverage Internet of Things technology and artificial intelligence to enhance predictive maintenance across various industries. The company has developed RotationLF, a comprehensive hardware and software solution that integrates physics, material science, and data analytics to identify issues in machinery and predict the remaining time to failure. The RotationLF sensors are capable of capturing critical data such as RPM, vibration, sound, temperature, and humidity. This innovative solution is applicable to a wide range of machinery, including pumps, motors, and turbines, serving sectors like petrochemicals, utilities, manufacturing, HVAC, oil and gas, mining, and infrastructure. Founded in 2015 and headquartered in Edmonton, Canada, with an additional office in Bangalore, India, Nanoprecise has gained recognition for its ability to deliver cost-effective and scalable monitoring solutions that enhance operational reliability and efficiency.
Tracktile
Pre Seed Round in 2024
Tracktile Create and manage your production process to achieve verifiable traceability and to gain visibility and insights.
Opalia
Grant in 2023
Opalia is a manufacturer of milk and milk ingredients derived from mammary cells, aiming to provide an alternative to traditional cow milk. The company utilizes advanced technology that allows it to produce real milk without the use of cows, ensuring that its products maintain comparable concentrations of nutrients and flavor to conventional dairy. Opalia's offerings are designed to meet the performance and taste expectations of consumers while promoting a more sustainable and ethical approach to dairy production. Through its innovative methods, Opalia is positioned to deliver high-quality milk and milk ingredients that cater to the growing demand for alternatives to traditional dairy products.
Axya
Seed Round in 2022
Axya is a startup that operates an online platform designed to connect small and medium-sized shop owners with suppliers in the manufacturing sector. The platform serves as a marketplace that standardizes and centralizes the subcontracting process, facilitating streamlined communication and collaboration between buyers and suppliers. By providing insightful information, Axya helps users navigate the complexities of the manufacturing industry, enabling them to make informed decisions and improve their operational efficiencies.
AON3D
Series A in 2021
AON3D specializes in industrial 3D printing, focusing on advanced materials that enable the production of high-performance thermoplastics for various sectors, including aerospace, automotive, and research and development. The company develops innovative printers capable of operating in high-temperature conditions necessary for processing these advanced materials. By enhancing the manufacturing process, AON3D allows clients to reduce costs associated with proprietary materials and licensing fees, streamlining the transition from product development to manufacturing. Through its integration of physics-informed software, sensing systems, and hardware, AON3D aims to advance manufacturing efficiency and capability.
Laurentide Paint
Private Equity Round in 2021
Laurentide Paint is a manufacturer and supplier of paint products.
Preciseley Microtechnology
Private Equity Round in 2020
Preciseley Microtechnology Corporation specializes in the design and manufacturing of micro-electromechanical systems (MEMS), particularly focusing on optical micro-mirror products. Founded in 2006 and based in Edmonton, Canada, the company provides a range of devices including tilting, scanning, and piston mirrors, as well as linear and matrix mirrors, optical shutters, and MEMS driver evaluation boards. Their products cater to various applications in telecommunications, datacom, and 3D sensing markets, enabling functionalities such as variable optical attenuation and wavelength selection. Additionally, Preciseley offers MEMS sensors for seismic detection and high-temperature pressure sensing, supporting diverse operational needs. The company emphasizes custom product design to meet the specific requirements of its clients.
Librestream
Series D in 2020
Librestream Technologies Inc. specializes in video collaboration solutions tailored for enterprises, particularly in challenging field environments. Its flagship product, the Onsight platform, allows users to conduct live video interactions, share images, and utilize onscreen telestration, facilitating communication among teams in remote locations such as offshore oil rigs or manufacturing floors. By integrating seamlessly into existing workflows, Librestream's technology helps organizations across various sectors—including manufacturing, energy, healthcare, insurance, and government—enhance their operational efficiency. The platform enables remote diagnostics, inspections, and troubleshooting, leading to reduced downtime, decreased travel costs, improved customer service, and increased productivity. Overall, Librestream empowers businesses to connect their workforce, suppliers, and customers more effectively, contributing to a more efficient operational ecosystem.
Nemalux
Private Equity Round in 2019
Nemalux specializes in designing and manufacturing LED lighting solutions tailored for harsh and hazardous environments. The company serves various sectors, including military, aerospace, grain processing, nuclear power, automation and control, mining, and heavy industry, addressing the unique challenges these industries face. In addition to its standard product offerings, Nemalux develops custom lighting solutions and provides advisory services to clients and prospects, ensuring that their lighting needs are met with precision and expertise. The company also offers installation services for lighting systems, including poles and accessories, for both indoor and outdoor applications in industrial and commercial settings.
Intelligent City
Debt Financing in 2019
Intelligent City Inc., founded in 2008 and based in Vancouver, Canada, specializes in the design and construction of urban housing. The company has developed a technology-enabled building platform aimed at addressing critical urban challenges such as affordability and sustainability. Its approach integrates various stages of construction—design, architecture, engineering, and fabrication—into a cohesive system. By leveraging principles of mass customization, Intelligent City combines the flexibility of personalized products with the cost-effectiveness of mass production. The company focuses on mass timber building services and employs advanced techniques, including passive house performance and automated manufacturing, to create housing solutions that are environmentally sustainable, socially responsible, and long-lasting.
Nix Sensor
Venture Round in 2019
Nix Sensor Ltd. specializes in developing digital color sensing equipment, particularly the Nix color sensor and accompanying application. Founded in 2012 and based in Hamilton, Canada, the company provides a solution that allows users to easily scan objects and obtain precise color data, which can be saved, shared, and compared through their smartphones. This technology caters to a wide range of professionals, including interior decorators, graphic designers, and artists, enabling them to streamline their color selection processes and manage their preferred shades effectively. Nix's portable spectrophotometers work seamlessly with their software, eliminating the need for traditional, manual color measurement methods. The company operates globally, serving various industries such as paint, cosmetics, and manufacturing.
Quadra Plast
Venture Round in 2019
Quadra Plast is a high-quality polymer extrusion mouldings company. They are proud to have built a team that cares about every phase of the design. That's why we first offer you a specialized consultation to offer you a top performing product. Our team takes care of gathering all the elements in their entirety and ensures that everything goes according to your expectations and needs throughout the process.
Fiasco Gelato
Venture Round in 2019
Fiasco is an artisan gelato and sorbetto manufacturer and wholesaler which prides itself on using quality ingredients and production processes. A Certified B Corp since 2016, Fiasco was named a “Best for the World” honouree in 2018. The company was also recognized last month as one of the “Best Workplaces in Canada” by Great Place to Work and one of “Canada’s Top Small & Medium Employers” by Mediacorp Canada.
Lynx Equity
Venture Round in 2019
Lynx Equity Limited is a private equity firm founded in November 2007 and headquartered in Toronto, Canada, with additional offices in San Diego, California, and Calgary, Canada. The firm specializes in management buyouts, recapitalizations, and growth capital investments in small to medium-sized enterprises, primarily targeting companies in North America, particularly in Ontario and Western Canada. Lynx Equity focuses on sectors such as manufacturing, business services, financial services, industrial products, food, clean energy, and consumer products. The firm typically invests between CAD $200,000 and CAD $8 million per transaction in companies with enterprise values ranging from CAD $1 million to CAD $10 million and revenues not exceeding CAD $25 million. Lynx Equity usually seeks to acquire a 100% stake in its portfolio companies, holding investments for three to five years, and structures its investments as a combination of debt and equity. The firm emphasizes transactions involving retiring entrepreneurs looking to transition their businesses.
Eigen Innovation
Series A in 2019
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions for industrial manufacturers. Founded in 2012 and based in Fredericton, Canada, the company offers a vision analytics platform called Intellexon, which learns from operators to optimize machine settings. Additionally, Eigen provides a solution that captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology is applicable across various industries, including automotive, food processing, construction materials, and mining. By utilizing Eigen's integrated inspection solutions, manufacturers can create AI-inspection models that facilitate part-over-part inspections and generate standardized digital records for every product. The company's OneView software enables factory teams to automate processes and analyze data to identify and reduce defects, ultimately enhancing production efficiency and effectiveness.
Prophix Software
Debt Financing in 2019
Prophix Software, Inc. specializes in developing corporate performance management software that automates financial and operational processes for various industries. Founded in 1987 and headquartered in Mississauga, Canada, with additional offices in Brazil, England, and Denmark, Prophix provides a comprehensive solution that includes financial planning, budgeting, forecasting, reporting, financial consolidation, and various forms of analysis such as cash flow and profitability. Its software empowers users to streamline tasks, enhance decision-making capabilities, and improve organizational agility by delivering accurate and consistent insights. Prophix serves a diverse clientele across sectors including construction, education, healthcare, finance, manufacturing, and more, enabling organizations to drive efficiencies and achieve better financial performance.
NanoXplore
Post in 2019
NanoXplore Inc. is a graphene company that specializes in the manufacture and supply of high-volume graphene powder for industrial applications. Founded in 2011 and headquartered in Montréal, Canada, the company operates production facilities in both Canada and Switzerland. NanoXplore offers a variety of graphene-based solutions, including GrapheneBlack powder and heXo-G graphene-plastic masterbatch pellets, as well as customized graphene-enhanced plastic and composite products. These offerings cater to various sectors such as transportation, packaging, and electronics. With a strong foundation in carbon chemistry, NanoXplore aims to enhance the performance of its customers' products through innovative graphene technologies.
NanoXplore
Post in 2019
NanoXplore Inc. is a graphene company that specializes in the manufacture and supply of high-volume graphene powder for industrial applications. Founded in 2011 and headquartered in Montréal, Canada, the company operates production facilities in both Canada and Switzerland. NanoXplore offers a variety of graphene-based solutions, including GrapheneBlack powder and heXo-G graphene-plastic masterbatch pellets, as well as customized graphene-enhanced plastic and composite products. These offerings cater to various sectors such as transportation, packaging, and electronics. With a strong foundation in carbon chemistry, NanoXplore aims to enhance the performance of its customers' products through innovative graphene technologies.
VMIK Glasses
Debt Financing in 2018
VMIK Glass is a company specializing in the manufacture of tempered and laminated glass for the residential, commercial, industrial and institutional market. Glaziers, staircase manufacturers, door and window manufacturers and all construction professionals benefit from VMIK's expertise every day .
Mosaic Manufacturing
Seed Round in 2016
Mosaic Manufacturing Ltd., established in 2014 and headquartered in Toronto, Canada, specializes in 3D printing technology that enhances the capabilities of 3D printers. The company develops hardware and software solutions that enable the integration of multiple filaments into a single strand, allowing users to print complex, functional objects without the need for extensive modifications or additional equipment. Mosaic's patented multi-material 3D printing technology supports flexible manufacturing processes and mass customization, helping industries create high-quality products on-demand. By providing a comprehensive ecosystem of additive manufacturing solutions, Mosaic aims to make manufacturing more sustainable and resilient, transforming traditional polymer supply chains for leading companies.
Librestream
Venture Round in 2016
Librestream Technologies Inc. specializes in video collaboration solutions tailored for enterprises, particularly in challenging field environments. Its flagship product, the Onsight platform, allows users to conduct live video interactions, share images, and utilize onscreen telestration, facilitating communication among teams in remote locations such as offshore oil rigs or manufacturing floors. By integrating seamlessly into existing workflows, Librestream's technology helps organizations across various sectors—including manufacturing, energy, healthcare, insurance, and government—enhance their operational efficiency. The platform enables remote diagnostics, inspections, and troubleshooting, leading to reduced downtime, decreased travel costs, improved customer service, and increased productivity. Overall, Librestream empowers businesses to connect their workforce, suppliers, and customers more effectively, contributing to a more efficient operational ecosystem.
Prodomax Automation
Seed Round in 2015
Prodomax Automation Ltd. specializes in designing, manufacturing, and constructing automated manufacturing solutions tailored for various applications, including assembly, welding, machining, material handling, and laser cutting. The company provides a diverse range of systems, such as resistance welding and arc welding systems, assembly systems, hot stamping systems, and laser systems, catering to industries like automotive, electronics, and consumer products. Founded in 1971 and based in Barrie, Canada, Prodomax Automation also focuses on process engineering and implementation, offering services that encompass system layout, simulation, hardware controls, software design, robotic handling systems, and transfer devices. As of July 2018, it operates as a subsidiary of Jenoptik AG.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.