BDC Capital’s Climate Tech Fund logo

BDC Capital’s Climate Tech Fund

North America, Quebec, Canada, Montréal

Description

BDC Capital’s Climate Tech Fund invests in Canadian climate technology firms.

Investor Profile

BDC Capital’s Climate Tech Fund has backed more than 10 startups, with 6 new investments in the last 12 months alone. The firm has led 5 rounds, about 50% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in Canada.
  • Strong thematic focus on CleanTech, Biotechnology, Nanotechnology.
  • Led 3 rounds in the past year.

Stage Focus

  • Series A (60%)
  • Seed (20%)
  • Series B (10%)
  • Series Unknown (10%)

Country Focus

  • Canada (100%)

Industry Focus

  • Cleantech
  • Biotechnology
  • Nanotechnology
  • Mining Technology
  • Waste Management
  • Advanced Materials
  • Energy
  • Information Technology
  • Mineral
  • Building Material
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does BDC Capital’s Climate Tech Fund frequently co-invest with?

Xora Innovation
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
Invest Nova Scotia
North America, Nova Scotia, Canada, Halifax
Co-Investments: 2
BDC Venture Capital
North America, Alberta, Canada, Calgary
Co-Investments: 2
AME Cloud Ventures
North America, California, United States, Palo Alto
Co-Investments: 1
Clean Energy Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 3
Amplify Capital
North America, Ontario, Canada, Toronto
Co-Investments: 2
Climate Investment
Europe, England, United Kingdom, London
Co-Investments: 2
Evok Innovations
North America, British Columbia, Canada, Vancouver
Co-Investments: 2
BDC Capital Cleantech Practice
North America, Alberta, Canada, Calgary
Co-Investments: 1
Capricorn Investment Group
North America, California, United States, Palo Alto
Co-Investments: 2

What are some of recent deals done by BDC Capital’s Climate Tech Fund?

Future Fields

Edmonton, Alberta, Canada

Future Fields harnesses insect biotechnology to make sustainable recombinant proteins.

AgricultureAgTechAlternative ProteinBiotechnologyCleanTechFarmingLife Science
Series AJun 17, 2025
Amount Raised: $8,000,000
Freshr Technologies

Dartmouth, Nova Scotia, Canada

Freshr Technologies develops active packaging solutions to prolong the shelf life of fresh fish.

BiotechnologyPackaging ServicesReal TimeSustainability
SeedMay 13, 2025
Amount Raised: $3,427,598
Exterra Carbon Solutions

Montréal, Quebec, Canada

Exterra is a negative emissions technology company developing a world class solution for durable CO2 storage using mineral waste.

ConsultingEnvironmental ConsultingMining TechnologyProfessional Services
Series AMay 6, 2025
Amount Raised: $14,522,599
Summit Nanotech

Calgary, Alberta, Canada

Summit Nanotech is a B2B company that deploys patented direct lithium extraction technology to create lithium economically and sustainably.

EnergyInformation TechnologyMineralMining TechnologyNanotechnology
Series UnknownMar 18, 2025
Amount Raised: $25,500,000
Cyclic Materials

Kingston, Ontario, Canada

Cyclic Materials recycles rare earth elements from magnet-containing products for sustainability.

CleanTechIndustrialRecycling
Series BSep 25, 2024
Amount Raised: $52,655,233
Ayrton Energy

Calgary, Alberta, Canada

Ayrton Energy is to provide energy security fueled by hydrogen.

ManufacturingRenewable EnergySemiconductor
SeedSep 24, 2024
Amount Raised: $5,066,743
Carbon Upcycling

Calgary, Alberta, Canada

Carbon Upcycling is a carbontech company delivering technology to decarbonize hard-to-abate industries.

Advanced MaterialsBuilding MaterialCarbon CaptureCleanTechConstructionWaste Management
Series AJul 31, 2023
Amount Raised: $26,100,000
Graphite Innovation & Technologies

Halifax, Nova Scotia, Canada

Canada's leading marine coatings company specialized in high-performance coatings for large vessels that reduce fuel consumption and GHG

Advanced MaterialsNanotechnology
Series AApr 13, 2023
Amount Raised: $7,495,291
Summit Nanotech

Calgary, Alberta, Canada

Summit Nanotech is a B2B company that deploys patented direct lithium extraction technology to create lithium economically and sustainably.

EnergyInformation TechnologyMineralMining TechnologyNanotechnology
Series AJan 17, 2023
Amount Raised: $50,330,809
Genecis

Scarborough, Ontario, Canada

Genecis is an early-stage organic waste processing startup that uses biotechnology to convert waste into high-value materials.

BiotechnologyCleanTechWaste Management
Series AAug 5, 2022
Amount Raised: $7,000,000