Investors / BDC Thrive Venture Fund
BDC Thrive Venture Fund
BDC Thrive Venture Fund is a government or Crown investor based in Canada. BDC Thrive Venture Fund has backed 14 Canadian AI companies in the Index, joining 11 tracked rounds and leading 2. The most recent was Meissner's US$2.6M pre-seed round in September 2026. BDC Thrive Venture Fund most often invests alongside Amplitude Ventures, Driehaus Capital Management and Fonds de solidarité FTQ.
Government/Crown based in Canada. 14 Canadian AI companies in the Index, 11 tracked rounds, 2 as lead.
- Type
- Government/
Crown - HQ country
- Canada
- Companies
- 14
- Tracked rounds
- 11
- Led
- 2
- First tracked deal
- Vivid Machines, Apr 2023
- Latest tracked deal
- Meissner, Sep 2026
- Website
- bdc.ca
Portfolio
| Company | Rounds joined (date, round size) | Company's total raised | Role |
|---|---|---|---|
| Meissner | Pre-seed · Sep 2026 · US$2.6M round (lead) | US$2.6M | Lead |
| Congruence Therapeutics | Venture round · Sep 2025 · US$32M roundVenture round · Mar 2026 · US$39.5M round | US$71.5M | — |
| Waabi | Series C · Jan 2026 · US$750M round | US$1B | — |
| MedReddie | Seed · Nov 2025 · C$1.6M round | C$1.6M | — |
| Sensifai Health | Seed · Jul 2025 | — | — |
| Oasis Learning AI | Pre-seed · 2025 · C$1.5M round | C$1.5M | — |
| Healthkind | Venture round · Dec 2024 · C$1.3M round | C$1.3M | — |
| Sanctuary AI | Venture round · Jul 2024 | US$58.5M | — |
| Haloo (Heirlume) | Series A · Jun 2024 · US$3.5M round | C$5.8M | — |
| Vivid Machines | Seed · Apr 2023 · US$4.3M round (lead) | C$7.5M | Lead |
| Acerta* | — | — | — |
| BetterCart Analytics* | — | — | — |
| Private AI (o/a Limina)* | — | C$2M | — |
| Xatoms* | — | C$3M | — |
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
Amplitude Ventures (2 shared rounds), Driehaus Capital Management (2 shared rounds), Fonds de solidarité FTQ (2 shared rounds), Investissement Québec (2 shared rounds), Lumira Ventures (2 shared rounds), MaRS Investment Accelerator Fund (2 shared rounds), OrbiMed (2 shared rounds), Silver Arc Capital (2 shared rounds)
Data as of November 10, 2026.