BBDC Venture Capital helps Canadian entrepreneurs by acting as a lender, investor, and advisor, focusing on small and medium-sized businesses that drive the economy. It provides financing, equity investments, and advice to fill gaps left by private banks, especially in knowledge-based industries, exporters, and underserved groups such as women and Indigenous entrepreneurs. Its product mix includes loans and venture-capital investments, with online application and other support services. Unlike banks that lend based on collateral alone, BDC combines funding with expertise and guidance to help businesses grow, scale, and succeed. The goal is to be a financially self-sustaining Crown corporation that strengthens Canada's economy by supporting entrepreneurship with capital and knowledge, while promoting social and environmental performance as certified through B Corp."}ിച്ച്(training) -> end
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Total Funding
$8.3B
Headquarters
Montreal, Canada
Founded
1944
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Woveo, an AI-powered fintech platform, and the Business Development Bank of Canada (BDC) have launched a $10 million lending programme offering microloans of up to $25,000 to underserved entrepreneurs across Canada, excluding Quebec. Woveo's AI-assisted underwriting combines real-time cash-flow data, credit bureau information, business-performance signals, and "social collateral." The aim is to give a fuller picture of creditworthiness than traditional metrics. The move follows a drop in the share of new Canadian business lending going to small and medium-sized businesses, from 16% in 2011 to 5.8% in 2024, according to the Organisation for Economic Co-operation and Development. Woveo has facilitated more than 1,200 loans, with a 98% repayment rate.
Fertility brand Bird&Be has raised $13 million in funding led by BDC Thrive and BFG Partners, with participation from Bam Ventures, Founder Collective, Rejuvenation Ventures and HSR Ventures. The Toronto-based company, which offers at-home fertility tests and supplements for both partners, will use the capital for product development, clinical research and expansion across retail and healthcare channels. Bird&Be reached eight-figure revenue within three years, with sales growing nearly 100% year over year. Direct-to-consumer accounts for 85% of sales, whilst subscriptions represent 75% of DTC revenue. The brand expanded into more than 300 Ulta Beauty stores last year and now operates in nearly 1,000 locations. Founded in 2021 by CEO Samantha Diamond and COO Breanna Hughes, Bird&Be emphasises clinical rigour and addresses both male and female fertility factors.
Calgary-based Ultimarii has raised $13 million in combined equity and debt financing. BDC Capital's Industrial Innovation Venture Fund led the round, with participation from Mistral Venture Partners, Staircase Ventures and Alpaca VC. The National Research Council of Canada's Industrial Research Assistance Program is also providing funding. The startup develops AI tools that help regulatory agencies, law firms and companies in power, mining and energy industries manage regulatory and permitting applications. The system uses datasets from past government processes and human expertise. Doug Schweitzer, Alberta's former justice and innovation minister, founded Ultimarii in January 2024 with Josh Malate. The company plans to expand internationally, starting with US datasets.
Toronto's The Wellness Company (TWC) has secured nearly $1.6 million CAD in seed funding to develop consumer health applications. The round was led by BDC Capital's Seed Venture Fund, with participation from BKR Capital, Launch, and angel investors. Founded by Presh Dineshkumar and Dray Williams, TWC operates as a product studio creating health-focused mobile apps. The startup has launched four applications, including GoPolar for cold plunge tracking, SunSeek for sunlight monitoring, and Posture AI for mobility improvement. TWC's latest app, Tempo, is an AI companion that helps users create personalised health plans. The application integrates data from wearables and other TWC apps through iMessage to provide tracking and recommendations for goals like weight loss or improved sleep. The funding will support team expansion and further AI development. TWC reports over 10,000 paying customers across its applications.
Toronto-based deep technology startup Meissner has announced $2.6 million USD in pre-seed financing to find and develop the next generation of superconducting materials.
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Industries
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$8.3B
Headquarters
Montreal, Canada
Founded
1944
Find jobs on Simplify and start your career today