Growth Venture Co-investment Fund
no fixed amount
Investment
Description:
The $300 million Growth Venture Co-Investment Fund 2 targets late-stage innovation-based businesses that are at an inflection point and show strong potential for meaningful scale.
Comments on Funding:
Funding will take the form of late-stage equity investment.
Continuous Intake
Eligibility:
Applicants must be:
1. late-stage innovation-based businesses that are at an inflection point and show strong potential for meaningful scale.
2. companies that leverage innovative technologies and business models in areas including:
a) Artificial intelligence (AI) and machine learning (ML) applications for eCommerce, AgTech, EdTech, HealthTech;
b) Blockchain technology for Fintech, Cybersecurity, Insurtech;
c) Internet of Things (IoT), mobility, Industry 4.0.
3. companies seeking venture funding with revenues of $10 million or more.
Application Steps:
No specific steps have been identified.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
1. Montreal, June 8, 2021 – BDC Capital today announces the launch of its new Growth Venture Co-Investment Fund, a $300 million venture capital fund targeting late stage growth companies. This fund is designed to play a key role in supporting venture backed companies as they scale to their full potential and help to attract additional investors to support their expansion.
About the author
Maurice