Growth Venture Co-investment Fund

Amount:

no fixed amount

Type:

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.

Deadline:

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.

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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