Investors / BDC Industrial Innovation Venture Fund
BDC Industrial Innovation Venture Fund
BDC Industrial Innovation Venture Fund is a government or Crown investor based in Canada. BDC Industrial Innovation Venture Fund has backed 15 Canadian AI companies in the Index, joining 8 tracked rounds and leading 4. The most recent was Axya's C$17M Series A in September 2026. BDC Industrial Innovation Venture Fund most often invests alongside CIBC Innovation Banking, InBC Investment Corp and Accelerate Fund III.
Government/Crown based in Canada. 15 Canadian AI companies in the Index, 8 tracked rounds, 4 as lead.
- Type
- Government/
Crown - HQ country
- Canada
- Companies
- 15
- Tracked rounds
- 8
- Led
- 4
- First tracked deal
- Ambyint, Nov 2023
- Latest tracked deal
- Axya, Sep 2026
- Website
- bdc.ca
Portfolio
| Company | Rounds joined (date, round size) | Company's total raised | Role |
|---|---|---|---|
| Axya | Series A · Sep 2026 · C$17M round | C$17M | — |
| Ultimarii | Series A · Sep 2026 · C$13M round (lead) | C$18.2M | Lead |
| 4AG Robotics | Series A · Nov 2023 · C$17.5M round (lead)Series B · Jul 2025 · C$40M round | C$57.5M | Led Series A |
| Nanoprecise Sci Corp | Series C · Mar 2025 · US$38M round (lead) | US$48M | Lead |
| Nexera Robotics | Venture round · Feb 2025 · C$4.5M round | C$4.5M | — |
| Maxa | Series A · May 2024 · US$21M round (lead) | US$21M | Lead |
| Ambyint | Venture round · Nov 2023 | — | — |
| A&K Robotics* | — | C$8M | — |
| Acerta* | — | — | — |
| Apera AI* | — | — | — |
| BinSentry* | — | US$50M | — |
| Kepler Communications* | — | — | — |
| Noze* | — | C$1M | — |
| Precision AI* | — | — | — |
| Stream Systems* | — | — | — |
A round's size is the whole round as announced, not this investor's cheque.
* Held per the firm's portfolio page or reported coverage, without a round tracked in the Index.
Frequent co-investors
CIBC Innovation Banking (2 shared rounds), InBC Investment Corp (2 shared rounds), Accelerate Fund III (1 shared round), Amiral Ventures (1 shared round), AQC Capital (1 shared round), Astanor (1 shared round), BMO Capital Partners (1 shared round), Cibus Capital (1 shared round)
Data as of November 10, 2026.