Series B+ VCs in Canada

adMare BioInnovations

Vancouver, BC

Canada's Global Life Sciences Venture, sourcing promising therapeutics research from academic and biotech partners to create new companies of scale an

Ag Capital Canada

Tillsonburg, ON

Provides capital to help owner-operators take their companies to the next level, with focus on agribusiness, food & beverage, and industrial sectors.

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

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 IT Venture Fund

Canada

A $300M BDC fund (Fund I + II) created to give ambitious Canadian entrepreneurs the capital and strategic advice to turn early-stage software companie

BDC Sustainability Venture Fund

Canada

A $150M BDC fund investing in early-stage businesses developing software and asset-light technologies for a net-zero economy, aligned with UN SDGs. Eq

BDC Thrive Venture Fund for Women

Canada

The $300M direct investment component of BDC's Thrive Platform, addressing the equity gap faced by women-led companies. Partners with women entreprene

BDC Women in Technology Venture Fund

Canada

A $200M fund — one of the world's largest dedicated to investing in women-led tech companies. Made 38 investments with 8 successful exits. Predecessor

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 Capital Partners

Toronto, Ontario

Evergreen investment fund supporting North American mid-market through direct investments and fund investments in buyout, growth equity and VC strateg

Boehringer Ingelheim Venture Fund

Ingelheim am Rhein, Germany

BIVF is an evergreen corporate venture fund of Boehringer Ingelheim, set up in 2010 and reported at about EUR 350M. It takes minority equity stakes, o

Build Ventures

Halifax, NS

Early-stage venture capital firm focused on Atlantic Canada, investing from seed through Series C.

Caterpillar Ventures

Irving, Texas, USA

Caterpillar Ventures is the corporate venture arm of Caterpillar, founded in 2015. It makes strategic equity investments in startups in energy, digita

Celtic House Venture Partners

Ottawa, ON

Venture capital investor in media communication technologies, with 4 funds raised and 69 deals recorded.

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

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

Conexus Venture Capital

Regina/Saskatoon, SK

Invest in high-growth tech startups across Prairies and Western Canada. Only local lead investor in SK.

Cross-Border Impact Ventures

Toronto, ON

Women-led health venture firm (more than 90 million US dollars) investing in women and children health technology.

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

District Ventures Capital

Calgary, AB

Venture capital fund investing in innovative Canadian companies in the food & beverage and health & wellness sectors.

ENGIE New Ventures

Paris, France

ENGIE New Ventures is ENGIE's corporate venture fund, set up in 2014, and it takes minority stakes in startups that are relevant to ENGIE's energy-tra

Equinor Ventures

Stavanger, Norway

Equinor's own news page describes Equinor Ventures as the corporate venture arm that invests in early-phase and growth companies. Its deals are equity

FACIT Inc.

Toronto, ON

Award-winning commercialization venture firm building companies with entrepreneurs to accelerate oncology innovation, partnered with the Ontario Insti

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

Golden Ventures

Toronto, ON

Leading seed-stage venture capital fund based in Toronto, investing across North America with 7 funds raised and 140 deals recorded.

iGan Partners Inc.

Toronto, ON

Growth capital investment firm providing private funding and merchant banking services to a wide variety of businesses at different stages of developm

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

Focused exclusively on North American enterprise and financial technology companies, with 3 funds raised and 62 deals recorded.

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

James Richardson and Sons

Winnipeg, MB

Winnipeg family conglomerate making opportunistic direct co-investments in agri-food technology, robotics, and life sciences.

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

Fund igniting precision medicine by supporting early-stage discoveries; innovation arm at the intersection of AI and biomarker analysis for metabolic

Corporate venture arm of Magna International (formerly Magna New Mobility Ventures) making strategic minority investments in mobility, electrification

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

MaRS Investment Accelerator Fund (IAF)

Toronto, ON

Bridges a critical gap in early-stage funding, catalyzing later-stage funding for promising technology companies across enterprise software, health te

Martinrea Innovation

Vaughan, ON

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

McRock Capital

Toronto, ON

First dedicated Digital Industrial VC. Invests in Industrial AI and software at the intersection of data, automation, and large physical operations ac

NAventures

Montréal, Québec

Corporate VC arm of National Bank of Canada. Direct equity investment in high growth potential technology companies.

NGIF Capital

Calgary, Alberta

Early-stage cleantech startups enhancing performance in natural gas value chain. Industry-backed model.

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.

Plaza Ventures

Toronto, ON

Early growth-stage technology venture capital investor with 7 funds raised and 41 deals recorded.

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

Global venture capital company focused on equity financing of innovative biotechnology companies with breakthrough technology platforms.

RBCx

Toronto, ON

Backer of Canada's most daring innovators and idea generators; RBC's technology growth banking and venture arm.

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

Round13 Capital Inc.

Toronto, ON

Founders Fund backed by successful entrepreneurs, with 7 funds raised and 91 deals recorded.

Sectoral Asset Management

Montréal, Québec

Emerging life science companies developing innovative medical treatments based on disruptive technologies.

Building global healthcare leaders from locally disruptive technologies. MedTech, Biotech, AI in Health.

Shell Ventures

London, United Kingdom

Shell Ventures is Shell's corporate venture capital arm, set up in 1996. It makes minority investments in technology companies, joint ventures and ext

Spin Master Ventures

Toronto, ON

Corporate venture arm of Spin Master backing kids entertainment, toys, games, and consumer and edtech startups.

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.

Unilever's corporate venture capital arm, founded in 2002, takes minority equity stakes in consumer-facing brands and related technology. It states a

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

White Star Capital

London, UK

International technology investment manager. Early Growth Fund, Digital Asset Fund, and North American Seed Fund.

Wittington Ventures

Toronto, ON

Venture arm tied to the Weston family (Wittington Investments, Loblaw, George Weston, Shoppers); three pools including a 100 million dollar Canadian f

XPV Water Partners

Toronto, ON

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