The Canadian AI Index

Investors / BDC Sustainability Venture Fund

BDC Sustainability Venture Fund

BDC Sustainability Venture Fund is a government or Crown investor based in Canada. BDC Sustainability Venture Fund has backed 2 Canadian AI companies in the Index, joining 2 tracked rounds and leading 2. The most recent was Blumind's C$20M Series A in April 2025. BDC Sustainability Venture Fund most often invests alongside Accelerate Fund III, Cycle Capital and Fusion Fund.

Government/Crown based in Canada. 2 Canadian AI companies in the Index, 2 tracked rounds, 2 as lead.

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Type
Government/Crown
HQ country
Canada
Companies
2
Tracked rounds
2
Led
2
First tracked deal
Arolytics, Sep 2023
Latest tracked deal
Blumind, Apr 2025
Website
bdc.ca

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
BlumindSeries A · Apr 2025 · C$20M round (lead)C$20MLead
ArolyticsSeed · Sep 2023 · C$3.5M round (lead)C$4.2MLead

A round's size is the whole round as announced, not this investor's cheque.

Frequent co-investors

Accelerate Fund III (1 shared round), Cycle Capital (1 shared round), Fusion Fund (1 shared round), Metiquity Ventures (1 shared round), Real Ventures (1 shared round), Startup TNT (1 shared round), Two Small Fish Ventures (1 shared round)

Data as of November 10, 2026.

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