Growth VCs in Canada

AGT Foods (Strategic Investments)

Regina, SK

Strategic minority investing by AGT Food and Ingredients (Fairfax majority-owned); led Chickapea 2025 round.

Amplitude Ventures

Montréal, Québec

Capital catalyst for precision medicine and next-generation medical devices at point of value acceleration.

ArcTern Ventures

Toronto, ON

Toronto-based VC investing globally in breakthrough clean technology growth companies addressing climate change. Fund III closed at $450M CAD. Selecte

asterX Capital

Montreal, QC

Corporate venture arm of Quebecor (established 2021) investing in media, ad-tech, mar-tech, sports-tech, and entertainment-technology startups.

Inuit-owned investment corporation (Nunavut Tunngavik) providing direct equity and debt of 150,000 to 3 million dollars to Inuit businesses across all

AXA Venture Partners

Paris, France

AVP is AXA's venture capital arm. It runs multiple funds, including Early Stage funds (a $150M second fund was raised in 2019) and a Late Growth strat

Baffin Business Development Corp

Iqaluit, NU

Community Futures organization for the Baffin and Qikiqtaaluk region providing equity and debt to regional businesses.

BCI Venture and Growth

Victoria, BC

Venture and growth program within British Columbia Investment Management Corporation; direct stakes plus co-investment, leaning late stage.

BDC Climate Tech Fund

Canada

BDC's Climate Tech Fund vehicles — Fund I ($600M, 2018, fully committed across ~50 companies) and Fund II ($400M, 2022), $1B total. Invests roughly $2

BDC Climate Tech Practice

Canada

BDC Capital's Climate Tech Practice — the team investing in Canadian climate technology since 2018, deploying through its Climate Tech Fund I and II (

BDC Financing

Canada

BDC's debt financing arm providing loans to Canadian businesses across all stages. Over $9.7B in annual loan acceptances across 123+ business centres

BDC Growth Venture Fund

Canada

A $500M BDC fund targeting late-stage, innovation-based businesses at an inflection point with strong potential for meaningful scale. Invests up to $1

Beedie Capital Partners

Vancouver, BC

Provides highly flexible growth financing solutions for small to mid-market companies across a wide variety of industry sectors. Fully funded by Beedi

BMO Technology & Innovation Banking

Toronto, ON

BMO's technology and innovation banking group launched in 2019 providing venture debt and growth financing to Canadian tech companies. Expanded aggres

Brilliant Phoenix Capital

Vancouver, BC

Invest in AI, space, energy, and real estate across North America and Israel through thematic funds.

Brookfield Asset Management

Toronto, ON

One of the world's largest alternative asset managers headquartered in Toronto. Invests in technology-enabled growth companies through Brookfield Grow

CDPQ (Caisse de dépôt et placement du Québec)

Montreal, QC

Canada's second-largest pension fund and one of the world's largest institutional investors. Active direct investor and LP in the Canadian VC ecosyste

Cisco Investments

San Jose, California, USA

Cisco Investments is Cisco's corporate venture arm. It makes direct minority investments and fund-of-funds investments in startups that complement Cis

Claridge

Montreal, QC

Private investment firm investing $5M-$30M in high-quality businesses with strong defensible market positions.

Clearspring Capital Partners

Toronto, ON

Leading Canadian mid-market PE firm investing through buyouts, growth and acquisition financings since 2002.

Climate Innovation Capital

Toronto, Ontario

Companies with proven, deployment-ready climate technologies with near-term profitability.

Co-operators Corporate Venture Capital Fund

Guelph, ON

Strategic corporate venture fund of The Co-operators making direct and fund investments in insurtech, fintech, and digital health.

Comcast Ventures

New York, New York, USA

Comcast Ventures is the corporate venture arm of Comcast. It was formed in 2011 by merging two earlier arms and has a 20+ year history of backing entr

CTI Life Sciences / CTI Sciences de la vie

Montreal, QC

Venture capital firm investing in high-quality emerging life sciences companies at the pre-clinical and clinical development stage in Canada and the U

Cycle Capital Management

Montreal, QC

Leading private ClimateTech VC platform investing across North America, Europe and Asia in companies enabling net-zero transition, reducing GHG emissi

Desjardins Capital

Montreal, QC

Private equity arm of Desjardins Group (Canada's largest cooperative financial group) since 1974. Provides venture and growth capital to Quebec busine

Distinction Capital

Montreal, QC

Single-family office of CGI founder Serge Godin making direct technology investments.

EnerTech Capital

Toronto, ON

Invests in early to growth-stage companies that offer products or services that dramatically improve the profitability of producing or consuming energ

Crown corporation with over B in investment capital. Invests in Canadian VC/PE funds and co-invests directly in export-oriented companies via the Inve

FCC Capital

Regina, SK

Venture and growth investing arm of Farm Credit Canada, a federal Crown corporation; direct minority stakes plus fund commitments across agriculture a

Family holding company of Pierre Karl Peladeau making direct minority investments such as Connect and GO and Moment Factory.

Finchley Healthcare Ventures

Montréal, Québec

Invest in innovative private companies developing breakthrough therapies. Join last or second-to-last private financing round.

First Nations Venture Capital of Quebec

Wendake, QC

Indigenous-focused venture fund anchored by the Quebec government; direct equity and loans of 500,000 to 7 million dollars into First Nations and Inui

Fondaction

Montreal, QC

Quebec labour-sponsored fund focused on responsible and sustainable investing. Partners with Fonds FTQ, Investissement Québec, and BDC to support Queb

Fonds de solidarité FTQ

Montreal, QC

Quebec's largest labour-sponsored venture capital fund with $20B+ in net assets. Provides venture and development capital to thousands of Quebec busin

Forage Capital Partners

Calgary, AB

Calgary agri-food growth-equity firm (about 150 million dollars) taking direct minority and control stakes across the agriculture and food value chain

Georgian

Toronto, ON

Toronto-based growth capital firm founded in 2008, one of Canada's largest investment firms, investing in enterprise software and internet companies w

GM Ventures

Warren, Michigan, USA

GM Ventures is General Motors' venture capital arm, founded in 2010. It makes equity investments in startups working on technologies tied to GM's visi

Hercules Capital

Palo Alto, CA, USA

Largest non-bank venture debt lender globally with $10B+ portfolio. Active lender to Canadian tech and life sciences companies. Publicly traded (NYSE:

Horizon Technology Finance

Farmington, CT, USA

Non-bank venture lending company providing venture debt to VC-backed technology, life sciences, healthcare, and sustainability companies. Publicly tra

Impression Ventures

Toronto, ON

Early-stage VC specializing in fintech startups. Invests $1M-$2M per deal as either lead or co-investor at the late seed and early Series A stages.

InBC Investment Corp

Vancouver, BC

A 500 million dollar strategic investment fund of the Government of British Columbia; invests directly in BC-tied companies and as a limited partner i

Innovation and Business Investment Corporation (IBIC)

St. John's, NL

Crown corporation of Newfoundland and Labrador; takes equity via redeemable preferred shares up to 500,000 dollars, alongside loans and grants.

Corporate venture arm of Intact Financial investing in insurtech, fintech, and adjacent technology from early to growth stage. Roughly 400 million dol

Intrepid Growth Partners

Vancouver, BC

Growth-stage AI companies with proven product-market fit in Canada and UK.

InvestEco

Toronto, Ontario

Fast-growing expansion-stage companies promoting health and sustainability in food and agricultural sector.

Quebec provincial government's investment arm fostering economic development. Offers loans, loan guarantees, and equity investments, frequently co-inv

IVEST Consumer Partners

Vancouver, BC

Vancouver-based PE firm focused on consumer brands. Portfolio generates $1.5B+ in annual retail sales.

JPMorgan Chase Canada (Innovation Economy)

Toronto, ON

JPMorgan's Canadian innovation economy unit expanding aggressively with 5 dedicated tech bankers. Hired Scotiabank's former head of TIB (David Rozin)

Kensington Capital Partners

Toronto, ON

High-performing alternative investment firm active since 1996 with diversified strategy across private markets. Backed by VCCI program. Invests in VC,

Leaps by Bayer

Leverkusen, Germany

Leaps by Bayer is Bayer's corporate venture and impact investment arm, founded in 2015. It invests in breakthrough life-science advances in health car

Longbow Capital

Calgary, Alberta

Energy, power, infrastructure, and technology. Energy Transition Fund II invests in tech benefiting from energy transition.

Lune Rouge

Montreal, QC

Family office of Cirque du Soleil founder Guy Laliberte making direct and fund investments across technology and media.

Manitoba First Fund

Winnipeg, MB

Province of Manitoba fund-of-funds committing to venture funds active in Manitoba.

Corporate venture arm of Manulife, within Manulife Investment Management, backing B2B software and fintech strategic to its insurance and wealth lines

Martinrea Innovation

Vaughan, ON

Strategic minority investing by auto-parts maker Martinrea International, including stakes in NanoXplore and Equispheres.

MKB

Montréal, Québec

Growth-stage companies accelerating energy transition across clean energy, transportation, built environment.

National Bank Technology Banking

Montreal, QC

National Bank's technology banking group offering venture lending, growth and M&A financing for tech companies for over 20 years. Acquired SVB's ~C$1B

Nicola Wealth Management Ltd.

Vancouver, BC

Wealth planning and investing firm (family office) with active venture and private equity investments across Canada.

OMERS Ventures Management Inc.

Toronto, ON

Venture capital arm of OMERS pension fund with nearly $61B in net assets; 5 funds raised and 130 deals recorded across North America.

A 2008-vintage Ontario government fund-of-funds managed by Northleaf, now in harvest.

OpenText Ventures

Waterloo, ON

Balance-sheet corporate venture investing by OpenText, taking minority stakes in enterprise software, cybersecurity, and AI companies, often ahead of

Opportunity Calgary Investment Fund (OCIF)

Calgary, AB

Wholly-owned investment fund of the City of Calgary deploying milestone-based quasi-equity capital into scaling companies.

PaceZero Capital Partners

Toronto, ON

Sustainability-focused private debt firm executing credit investments in growth-stage technology companies.

Pender Ventures

Vancouver, BC

Health tech and B2B technology at inflection point between commercialization and scale.

Porsche SE

Stuttgart, Germany

Porsche SE is a holding company. It splits its investments into core investments (Volkswagen, Porsche AG) and portfolio investments, and its interim r

Power Sustainable Lios

Toronto, ON

Agri-food investing arm of Power Sustainable (Power Corporation) taking direct minority and control stakes in mid-market food and agriculture companie

Prosper NWT

Yellowknife, NT

Crown investment corporation of the Northwest Territories (formerly NWT BDIC); its Venture Investment program takes direct equity and debt up to 5 mil

Radical Ventures

Toronto, Ontario

Invest in world-leading companies developing and applying artificial intelligence.

RecapHealth Ventures

Vancouver, BC

Innovative private equity fund supporting entrepreneurs and executives fostering innovation in Canada's health and wellness industry.

Redbrick

Victoria, BC

Victoria venture builder and holding company that builds and acquires software companies such as Leadpages and Shift, holding permanent equity.

Renewal Funds

Vancouver, BC

Climate technology startups improving sustainability and resilience of infrastructure, production and manufacturing.

Private venture capital and mutual fund management company with 1 fund and 51 deals recorded.

Scotiabank Technology & Innovation Banking

Toronto, ON

Scotiabank's tech lending arm with ~C$2B lent to Canadian tech companies including BenchSci, Helcim, GeoComply, and Field Effect. Launched in 2019, ex

Serruya Private Equity

Markham, ON

Family office of the Serruya family (Yogen Fruz founders) taking direct minority and control stakes in consumer, restaurant, and retail brands.

Shopify (Strategic Investments)

Ottawa, ON

Strategic balance-sheet investing by Shopify, taking minority equity stakes in commerce, fintech, and infrastructure partners such as Affirm, Global-e

Sixty Degree Capital

Toronto, ON

Global investment firm with $620M+ USD in AUM. Partners with visionary founders across technology and healthcare. Fund III closed at $338M CAD.

Stack Capital

Toronto, ON

Publicly traded investment holding company (TSX: SC) providing access to high-growth pre-IPO and late-stage technology companies.

Stifel Venture Banking

Toronto, ON

Venture banking division of Stifel providing venture debt ($1M-$50M+), treasury management, and capital raising for seed through IPO-stage tech compan

TD Bank's full-service innovation banking platform launched in 2024, providing venture debt, banking, and financing solutions for technology companies

Teachers Venture Growth (TVG)

Toronto, ON

Late-stage venture and growth investing arm of the Ontario Teachers Pension Plan (established 2019); direct stakes plus select fund commitments.

The Atmospheric Fund (TAF)

Toronto, ON

City of Toronto climate investment fund (around 80 million dollar endowment) deploying subordinated and convertible debt and preferred shares directly

Tiny Capital

Victoria, BC

Founded by Andrew Wilkinson. Acquires and operates internet businesses with a permanent capital holding company model.

Trinity Capital

Phoenix, AZ, USA

Non-bank venture debt and equipment financing provider for growth-stage companies backed by leading venture capital firms. Publicly traded (NASDAQ: TR

True North Fund

Kitchener, Ontario

Growth secondary VC by Canadians, for Canadians. Keep Canadian tech companies in Canada.

TVM Capital Life Science

Montreal, QC

Transatlantic life-science venture firm (about 900 million dollars under management) with its Canadian team leading origination from Montreal.

Government of Ontario fund-of-funds (formerly Ontario Capital Growth Corporation) committing as a limited partner to Canadian venture funds rather tha

Vertu Capital

Toronto, ON

Invests in and works closely with premier late-stage Canadian technology companies to achieve their long-term goals.

Vistara Growth

Vancouver, BC

Flexible growth capital solutions (debt, convertible debt, structured equity) to mid-later stage technology companies. $10M-$50M.

Volvo Group Venture Capital

Gothenburg, Sweden

Volvo Group's corporate venture arm, founded in 1997, invests globally in startups that are relevant to the group's businesses: trucks, construction e

Walter Capital Partners

Montreal, QC

Montreal-based PE firm partnering with management teams of mid-market businesses in Quebec and Canada to drive growth.

Western Technology Investment (WTI)

Portola Valley, CA, USA

Pioneered venture debt in 1980. $7.8B deployed across 1,400+ companies including Canadian firms. Now investing out of 11th institutional fund. Acquire

XPV Water Partners

Toronto, ON

Investment firm with a unique combination of water and investment expertise, focused on companies enabling efficient water use.

Yaletown Partners

Vancouver, BC

North America's Intelligent Industry through software, AI/ML, and IIoT. Digitalization, transformation, and sustainability.