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VCs in Vancouver

40 funds

Vancouver hosts 40 venture capital funds that collectively represent significant capital deployment across Canada's West Coast technology sector. The city functions as the country's second-largest VC hub by fund count, with particular strength in early-stage investment. Of the 40 funds headquartered here, 16 focus on Seed and Early stage capital, while 10 operate at Growth stage and 9 each at Series A and PE/Debt stages.

This distribution reflects Vancouver's reputation as a starting point for founders rather than exclusively a scale-stage market, though the presence of larger growth and PE vehicles shows deepening maturity in the investor base. The largest funds in Vancouver command substantial capital. Providence Health Care Ventures leads with USD 3.6 billion under management, followed by TELUS Global Ventures at USD 725 million, Version One Ventures at USD 530 million, Vanedge Capital at USD 509 million, and Intrepid Growth Partners at USD 500 million.

These mega-funds anchor the market alongside mid-sized operators managing USD 10 million to several hundred million dollars. Funds like Chrysalix Venture Capital bring specialized expertise, with over 20 years of experience in industrial sustainability and energy innovation. Others such as Active Impact Investments focus exclusively on climate technology, while adMare BioInnovations operates as Canada's dedicated life sciences venture partner, sourcing therapeutics research from academic institutions.

Artificial Intelligence and Machine Learning dominates the sector focus, with 17 of the 40 funds actively investing here. HealthTech and Life Sciences rank second with 16 funds, followed closely by SaaS and Software with 15 funds. CleanTech and Energy account for 11 funds, reflecting both environmental urgency and British Columbia's industrial heritage in resource and energy sectors.

Deep Tech and Hardware round out the top sectors with 8 funds. This concentration suggests Vancouver investors see genuine competitive advantage in companies built around machine learning applications, biotechnology commercialization from local research institutions, and sustainable technology solutions applicable to global markets. Founders raising capital in Vancouver should expect a mixed market in terms of check size and round leadership.

The presence of Providence and TELUS Global creates capacity for large commitments, yet the median fund operates below USD 200 million, meaning most rounds will require multi-investor participation. Early-stage funds like 7 Gate Ventures, Alt Ventures, and Alborz Venture Capital focus on Seed and Series A checks, while growth-stage operators including Beedie Capital Partners provide flexibility across SaaS, software, and eCommerce verticals. Vancouver investors tend to follow rather than lead many rounds, particularly at seed stage, though the depth of sector-specific funds in AI and life sciences creates pockets where local investors anchor early commitments.

British Columbia offers meaningful support infrastructure for technology companies, including the Scientific Research and Experimental Development (SR&ED) tax credit program, which provides federal and provincial incentives for qualifying R&D activities. The Industrial Research Assistance Program (IRAP) through the National Research Council also supports early-stage companies with technical and commercialization expertise. These programs, combined with access to University of British Columbia and Simon Fraser University research, create a functioning support system beyond venture capital alone.

Founders should factor these programs into financial planning, particularly those in hardware, biotech, and deep tech sectors where R&D intensity justifies the application effort.

Stages

Early16
Growth10
Seed9
Series A9
PE / Debt8

Top Sectors

AI / ML17
HealthTech / Life Sciences16
SaaS / Software15
CleanTech / Energy11
Food / AgTech9
Deep Tech / Hardware8

Capital

AUM rangeC$10M-C$4.9B
Funds reporting AUM20
All 40 funds

7 Gate Ventures

Vancouver, BC
SeedSeries A

Early-stage VC investing in Seed to pre-Series A technology startups, with a sector focus on software, SaaS, cloud services, marketplaces, mobile, big data/analytics, blockchain, fintech, and healthte

SoftwareSaaSCloud ServicesMarketplaces

Active Impact Investments

Vancouver, BC
Seed

Seed stage climate tech VC in clean energy & transportation, infrastructure & carbon solutions, sustainable food & water, circular economy.

Cleantech

adMare BioInnovations

Vancouver, BC
SeedSeries ASeries B+Early

Canada's Global Life Sciences Venture, sourcing promising therapeutics research from academic and biotech partners to create new companies of scale and train the next generation of life sciences leade

Life SciencesBiotechnologyHealthcare

Alborz Venture Capital Inc.

Vancouver, BC
Early

Provides early-stage startups with essential capital to fuel growth and innovation, tailored to their unique needs and goals.

Technology

Alt Ventures

Vancouver, BC
SeedSeries A

Sector agnostic venture capital firm investing in Seed or Series A stage companies.

Sector Agnostic

Arete Pacific Tech Ventures

North Vancouver, BC
Series A

Invests in early-stage Series A financing in technology-related firms.

Technology

Ascentus Capital

Vancouver, BC
Early

Leading force in real estate investment and development; also supports startups and venture companies from inception with an all-encompassing growth strategy.

Real EstateStartups

Beedie Capital Partners

Vancouver, BC
Series ASeries B+Growth

Provides highly flexible growth financing solutions for small to mid-market companies across a wide variety of industry sectors. Fully funded by Beedie Development Group.

SoftwareeCommerceMediaInternet Software & Services

Bizfield Angel Network

Vancouver, British Columbia
Pre-SeedSeed

An active angel investor platform focused on cross-border investments in British Columbia's startup ecosystem. Bizfield became a member of Canada's National Angel Organization (NACO) in 2017 and helps

Cross-border investmentsInnovation technologyGreen projects

Brilliant Phoenix Capital

Vancouver, BC
EarlyGrowth

Invest in AI, space, energy, and real estate across North America and Israel through thematic funds.

AIOther

CAI Capital Partners

Vancouver, BC
PE / Debt

Private equity firm specializing in buyouts, restructurings, acquisitions, recapitalizations and other corporate growth initiatives.

Industrial & ManufacturingAutomotive & TransportationBusiness Products & Services

Chrysalix Venture Capital

Vancouver, BC
Early

Experienced industrial sustainability investor with 20+ years in energy and industrial innovation. Fifth fund invests in early-stage technologies for carbon neutrality.

Industrial SustainabilityCarbon NeutralityEnergyMining

Defined VC

Vancouver, BC
SeedEarly

Thesis-first VC backing founders shaping the AI frontier. Over a decade of AI investing with $20B+ in enterprise value created, 4 unicorn exits including 1 decacorn, and 30+ portfolio companies. Focus

Artificial IntelligenceRoboticsDrug DiscoveryAutonomous Systems

Easly

Vancouver, BC
PE / Debt

Connects Canadian businesses of all sizes and maturities, across all industries, to non-dilutive capital through debt financing against tax credits.

Internet Software & ServicesHealthcare/Life SciencesIndustrial & ManufacturingEnergy & Power

Evok Innovations

Vancouver, BC
Series A

Invest in exceptional entrepreneurs with innovative climate technologies in energy, critical minerals, industrial optimization.

AICleantech

Fulcrum Capital Partners Inc.

Vancouver, BC
PE / Debt

Provides flexible private equity and mezzanine financing to the Canadian middle market; spun out from HSBC Bank Canada.

Industrial & ManufacturingBusiness Products & ServicesConsumer Products & ServicesFood & Beverages

Headwater Equity Partners Inc.

Vancouver, BC
PE / Debt

Private equity fund focused on making private investments in Western Canadian companies.

Western Canadian companies

Highland West Capital Ltd.

Vancouver, BC
PE / Debt

Private equity firm that blends the depth of large fund experience with the flexibility of a family office.

Industrial & ManufacturingAgribusinessFood & Beverages

INP Capital

Vancouver, BC
Early

Global deeptech and greentech companies reshaping legacy industries. Bridge between Canada and Asia-Pacific.

AgtechAICleantechFintech

Intrepid Growth Partners

Vancouver, BC
Growth

Growth-stage AI companies with proven product-market fit in Canada and UK.

AICybersecurityFintechHealthtech

IVEST Consumer Partners

Vancouver, BC
GrowthPE / Debt

Vancouver-based PE firm focused on consumer brands. Portfolio generates $1.5B+ in annual retail sales.

Consumer ProductsRetailBrand Licensing

Nicola Wealth Management Ltd.

Vancouver, BC
Series ASeries B+Growth

Wealth planning and investing firm (family office) with active venture and private equity investments across Canada.

Internet Software & ServicesSoftwareCleanTechElectronic & Semiconductor

Nimbus Synergies

Vancouver, BC
Seed

Canadian health technology ventures increasing efficiencies and improving outcomes in healthcare.

HealthtechLife Sciences

Pender Ventures

Vancouver, BC
Growth

Health tech and B2B technology at inflection point between commercialization and scale.

AICybersecurityFintechHealthtech

Providence Health Care Ventures

Vancouver, BC
Pre-Seed

Invest at intersection of health care and innovation to accelerate technologies improving patient outcomes and health system sustainability.

HealthtechLife Sciences

Quark Venture Inc.

Vancouver, BC
SeedSeries ASeries B+Early

Global venture capital company focused on equity financing of innovative biotechnology companies with breakthrough technology platforms.

BiotechnologyHealthcare/Life Sciences

RecapHealth Ventures

Vancouver, BC
EarlyGrowth

Innovative private equity fund supporting entrepreneurs and executives fostering innovation in Canada's health and wellness industry.

Healthcare/Life SciencesHealth & Wellness

Regimen Equity Partners Inc.

Vancouver, BC
PE / Debt

Private equity firm specializing in the ownership transition of small to mid-size Canadian organizations, transforming profitable enterprises through strategic acquisitions.

Industrial & ManufacturingFood & BeveragesConsumer Products & Services

Relentless Pursuit Partners

Vancouver, BC
Early

Focus on most common age-related conditions: brain health, diabetes, cardiovascular, mobility, respiratory, musculoskeletal.

AIHealthtechLife SciencesSaaS

Renewal Funds

Vancouver, BC
EarlyGrowth

Climate technology startups improving sustainability and resilience of infrastructure, production and manufacturing.

AgtechB2CCleantechSaaS

Spring Impact Capital

Vancouver, BC
Pre-Seed

Founders of Canadian startups leading to a more sustainable, healthy, and equitable world.

AgtechAIB2CCleantech

Tacenda Capital (VCC) Inc.

Vancouver, BC
Early

Writes relatively small cheques to early-stage founding teams with grit, focus and passion to bring interesting and innovative projects to life.

Technology

TELUS Global Ventures

Vancouver, BC
Series A

Strategic investment arm in AgTech, Digital HealthTech, Connected Consumer, and Enterprise Platforms & IoT.

AgtechAIB2CCleantech

Top Down Ventures

Vancouver, BC
Early

Software and AI infrastructure powering global Managed Services ecosystem ($600B market).

AICybersecurityFintechICT

Top Renergy Inc. (TRE)

Vancouver, BC
SeedPE / Debt

Venture capital firm with 2 funds raised and 23 deals recorded, primarily in BC.

Internet Software & ServicesSoftwareComputer Hardware & Services

Vanedge Capital

Vancouver, BC
Early

Two themes: AI & Analytics and Disruptive HardTech. Target companies with sustainable technological advantages.

AICleantechHealthtechICT

Vantage Futures

Vancouver, BC
Early

Corporate venture capital arm investing in and partnering with early-stage startups working to transform aviation and transportation infrastructure.

AviationTransportation Infrastructure

Version One Ventures

Vancouver, BC
Early

Back mission-driven founders early in new areas. Focus on crypto, deep tech, and enterprise SaaS.

AIB2CHealthtechSaaS

Vistara Growth

Vancouver, BC
Growth

Flexible growth capital solutions (debt, convertible debt, structured equity) to mid-later stage technology companies. $10M-$50M.

AICybersecurityFintechHealthtech

Yaletown Partners

Vancouver, BC
Growth

North America's Intelligent Industry through software, AI/ML, and IIoT. Digitalization, transformation, and sustainability.

AgtechAICleantechCybersecurity