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Growth VCs in Canada

87 funds

Canada hosts 57 growth-stage venture capital funds with distinct sector specializations and check size ranges.

AF

AGT Foods (Strategic Investments)

Regina, SK
Series AGrowth

Strategic minority investing by AGT Food and Ingredients (Fairfax majority-owned); led Chickapea 2025 round.

Plant ProteinFood
AV

Amplitude Ventures

Montréal, Québec
SeedGrowth

Capital catalyst for precision medicine and next-generation medical devices at point of value acceleration.

AILife Sciences
AV

ArcTern Ventures

Toronto, ON
EarlyGrowth

Toronto-based VC investing globally in breakthrough clean technology growth companies addressing climate change. Fund III closed at $450M CAD. Selecte

Climate TechnologyClean Technology
AC

asterX Capital

Montreal, QC
SeedSeries A

Corporate venture arm of Quebecor (established 2021) investing in media, ad-tech, mar-tech, sports-tech, and entertainment-technology startups.

MediaAdTech
AC

Atuqtuarvik Corporation

Iqaluit, NU
SeedGrowth

Inuit-owned investment corporation (Nunavut Tunngavik) providing direct equity and debt of 150,000 to 3 million dollars to Inuit businesses across all

DiversifiedInuit-Owned Business
BB

Baffin Business Development Corp

Iqaluit, NU
SeedGrowth

Community Futures organization for the Baffin and Qikiqtaaluk region providing equity and debt to regional businesses.

DiversifiedSME
BV

BCI Venture and Growth

Victoria, BC
Series B+Growth

Venture and growth program within British Columbia Investment Management Corporation; direct stakes plus co-investment, leaning late stage.

Enterprise SoftwareAI
BC

BDC Climate Tech Fund

Canada
Series ASeries B+

BDC's Climate Tech Fund vehicles — Fund I ($600M, 2018, fully committed across ~50 companies) and Fund II ($400M, 2022), $1B total. Invests roughly $2

Climate TechCarbon Capture
BC

BDC Climate Tech Practice

Canada
SeedSeries A

BDC Capital's Climate Tech Practice — the team investing in Canadian climate technology since 2018, deploying through its Climate Tech Fund I and II (

CleantechClimate Tech
BF

BDC Financing

Canada
PE / DebtGrowth

BDC's debt financing arm providing loans to Canadian businesses across all stages. Over $9.7B in annual loan acceptances across 123+ business centres

TechnologyClean Energy
BG

BDC Growth Venture Fund

Canada
Growth

A $500M BDC fund targeting late-stage, innovation-based businesses at an inflection point with strong potential for meaningful scale. Invests up to $1

Artificial IntelligenceMachine Learning
BC

Beedie Capital Partners

Vancouver, BC
Series ASeries B+

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

SoftwareeCommerce
BT

BMO Technology & Innovation Banking

Toronto, ON
PE / DebtGrowth

BMO's technology and innovation banking group launched in 2019 providing venture debt and growth financing to Canadian tech companies. Expanded aggres

TechnologySaaS
BP

Brilliant Phoenix Capital

Vancouver, BC
EarlyGrowth

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

AIOther
BA

Brookfield Asset Management

Toronto, ON
GrowthPE / Debt

One of the world's largest alternative asset managers headquartered in Toronto. Invests in technology-enabled growth companies through Brookfield Grow

InfrastructureIndustrials
CC

CDPQ (Caisse de dépôt et placement du Québec)

Montreal, QC
GrowthPE / Debt

Canada's second-largest pension fund and one of the world's largest institutional investors. Active direct investor and LP in the Canadian VC ecosyste

Private EquityInfrastructure
C

Claridge

Montreal, QC
Growth

Private investment firm investing $5M-$30M in high-quality businesses with strong defensible market positions.

TechnologyEntertainment
CC

Clearspring Capital Partners

Toronto, ON
PE / DebtGrowth

Leading Canadian mid-market PE firm investing through buyouts, growth and acquisition financings since 2002.

IndustrialsBusiness Services
CI

Climate Innovation Capital

Toronto, Ontario
Growth

Companies with proven, deployment-ready climate technologies with near-term profitability.

AgtechCleantech
CC

Co-operators Corporate Venture Capital Fund

Guelph, ON
SeedSeries A

Strategic corporate venture fund of The Co-operators making direct and fund investments in insurtech, fintech, and digital health.

InsurtechFinTech
CL

CTI Life Sciences / CTI Sciences de la vie

Montreal, QC
EarlyGrowth

Venture capital firm investing in high-quality emerging life sciences companies at the pre-clinical and clinical development stage in Canada and the U

Healthcare/Life Sciences
CC

Cycle Capital Management

Montreal, QC
SeedSeries A

Leading private ClimateTech VC platform investing across North America, Europe and Asia in companies enabling net-zero transition, reducing GHG emissi

CleanTechEnvironmental
DC

Desjardins Capital

Montreal, QC
GrowthPE / Debt

Private equity arm of Desjardins Group (Canada's largest cooperative financial group) since 1974. Provides venture and growth capital to Quebec busine

TechnologyManufacturing
DC

Distinction Capital

Montreal, QC
Series AGrowth

Single-family office of CGI founder Serge Godin making direct technology investments.

TechnologyIT
EC

EnerTech Capital

Toronto, ON
EarlyGrowth

Invests in early to growth-stage companies that offer products or services that dramatically improve the profitability of producing or consuming energ

Energy & PowerCleanTech
ED

Export Development Canada (EDC)

Ottawa, ON
Growth

Crown corporation with over B in investment capital. Invests in Canadian VC/PE funds and co-invests directly in export-oriented companies via the Inve

CleantechDigital Industries
FC

FCC Capital

Regina, SK
SeedSeries A

Venture and growth investing arm of Farm Credit Canada, a federal Crown corporation; direct minority stakes plus fund commitments across agriculture a

AgTechAgriFood
FO

Financiere Outremont

Montreal, QC
Series AGrowth

Family holding company of Pierre Karl Peladeau making direct minority investments such as Connect and GO and Moment Factory.

MediaEntertainment
FH

Finchley Healthcare Ventures

Montréal, Québec
Growth

Invest in innovative private companies developing breakthrough therapies. Join last or second-to-last private financing round.

Life Sciences
FN

First Nations Venture Capital of Quebec

Wendake, QC
Growth

Indigenous-focused venture fund anchored by the Quebec government; direct equity and loans of 500,000 to 7 million dollars into First Nations and Inui

Renewable EnergyTourism
F

Fondaction

Montreal, QC
Growth

Quebec labour-sponsored fund focused on responsible and sustainable investing. Partners with Fonds FTQ, Investissement Québec, and BDC to support Queb

Clean TechnologySocial Economy
FD

Fonds de solidarité FTQ

Montreal, QC
Growth

Quebec's largest labour-sponsored venture capital fund with $20B+ in net assets. Provides venture and development capital to thousands of Quebec busin

TechnologyManufacturing
FC

Forage Capital Partners

Calgary, AB
Growth

Calgary agri-food growth-equity firm (about 150 million dollars) taking direct minority and control stakes across the agriculture and food value chain

AgricultureFood
G

Georgian

Toronto, ON
Series B+Growth

Toronto-based growth capital firm founded in 2008, one of Canada's largest investment firms, investing in enterprise software and internet companies w

Internet Software & ServicesSoftware
HC

Hercules Capital

Palo Alto, CA, USA
PE / DebtGrowth

Largest non-bank venture debt lender globally with $10B+ portfolio. Active lender to Canadian tech and life sciences companies. Publicly traded (NYSE:

TechnologyLife Sciences
HT

Horizon Technology Finance

Farmington, CT, USA
PE / DebtGrowth

Non-bank venture lending company providing venture debt to VC-backed technology, life sciences, healthcare, and sustainability companies. Publicly tra

TechnologyLife Sciences
IV

Impression Ventures

Toronto, ON
SeedGrowth

Early-stage VC specializing in fintech startups. Invests $1M-$2M per deal as either lead or co-investor at the late seed and early Series A stages.

FinTechFinancial Technology
II

InBC Investment Corp

Vancouver, BC
Series ASeries B+

A 500 million dollar strategic investment fund of the Government of British Columbia; invests directly in BC-tied companies and as a limited partner i

CleanTechLife Sciences
IA

Innovation and Business Investment Corporation (IBIC)

St. John's, NL
SeedGrowth

Crown corporation of Newfoundland and Labrador; takes equity via redeemable preferred shares up to 500,000 dollars, alongside loans and grants.

DiversifiedSME
IV

Intact Ventures

Toronto, ON
Series ASeries B+

Corporate venture arm of Intact Financial investing in insurtech, fintech, and adjacent technology from early to growth stage. Roughly 400 million dol

InsurtechFinTech
IG

Intrepid Growth Partners

Vancouver, BC
Growth

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

AICybersecurity
I

InvestEco

Toronto, Ontario
Growth

Fast-growing expansion-stage companies promoting health and sustainability in food and agricultural sector.

AgtechB2C
IQ

Investissement Québec

Quebec City, QC
Growth

Quebec provincial government's investment arm fostering economic development. Offers loans, loan guarantees, and equity investments, frequently co-inv

TechnologyAerospace
IC

IVEST Consumer Partners

Vancouver, BC
GrowthPE / Debt

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

Consumer ProductsRetail
JC

JPMorgan Chase Canada (Innovation Economy)

Toronto, ON
PE / DebtGrowth

JPMorgan's Canadian innovation economy unit expanding aggressively with 5 dedicated tech bankers. Hired Scotiabank's former head of TIB (David Rozin)

TechnologySaaS
KC

Kensington Capital Partners

Toronto, ON
GrowthPE / Debt

High-performing alternative investment firm active since 1996 with diversified strategy across private markets. Backed by VCCI program. Invests in VC,

TechnologyGrowth Equity
LC

Longbow Capital

Calgary, Alberta
Growth

Energy, power, infrastructure, and technology. Energy Transition Fund II invests in tech benefiting from energy transition.

Energy/Power/Infrastructure
LR

Lune Rouge

Montreal, QC
SeedSeries A

Family office of Cirque du Soleil founder Guy Laliberte making direct and fund investments across technology and media.

MediaGaming
MF

Manitoba First Fund

Winnipeg, MB
Growth

Province of Manitoba fund-of-funds committing to venture funds active in Manitoba.

DiversifiedAgTech
MV

Manulife Ventures

Toronto, ON
Series ASeries B+

Corporate venture arm of Manulife, within Manulife Investment Management, backing B2B software and fintech strategic to its insurance and wealth lines

B2B SaaSEnterprise Software
MI

Martinrea Innovation

Vaughan, ON
Series ASeries B+

Strategic minority investing by auto-parts maker Martinrea International, including stakes in NanoXplore and Equispheres.

Advanced MaterialsEV
M

MKB

Montréal, Québec
Growth

Growth-stage companies accelerating energy transition across clean energy, transportation, built environment.

CleantechTransportation
NB

National Bank Technology Banking

Montreal, QC
PE / DebtGrowth

National Bank's technology banking group offering venture lending, growth and M&A financing for tech companies for over 20 years. Acquired SVB's ~C$1B

TechnologySaaS
NW

Nicola Wealth Management Ltd.

Vancouver, BC
Series ASeries B+

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

Internet Software & ServicesSoftware
OV

OMERS Ventures Management Inc.

Toronto, ON
SeedSeries A

Venture capital arm of OMERS pension fund with nearly $61B in net assets; 5 funds raised and 130 deals recorded across North America.

Internet Software & ServicesSoftware
OV

Ontario Venture Capital Fund (OVCF)

Toronto, ON
Growth

A 2008-vintage Ontario government fund-of-funds managed by Northleaf, now in harvest.

ICTCleanTech
OV

OpenText Ventures

Waterloo, ON
Growth

Balance-sheet corporate venture investing by OpenText, taking minority stakes in enterprise software, cybersecurity, and AI companies, often ahead of

Enterprise SoftwareCybersecurity
OC

Opportunity Calgary Investment Fund (OCIF)

Calgary, AB
Growth

Wholly-owned investment fund of the City of Calgary deploying milestone-based quasi-equity capital into scaling companies.

TechnologyAerospace
PC

PaceZero Capital Partners

Toronto, ON
PE / DebtGrowth

Sustainability-focused private debt firm executing credit investments in growth-stage technology companies.

EnvironmentalSoftware
PV

Pender Ventures

Vancouver, BC
Growth

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

AICybersecurity
PS

Power Sustainable Lios

Toronto, ON
Growth

Agri-food investing arm of Power Sustainable (Power Corporation) taking direct minority and control stakes in mid-market food and agriculture companie

AgriFoodFood Tech
PN

Prosper NWT

Yellowknife, NT
Growth

Crown investment corporation of the Northwest Territories (formerly NWT BDIC); its Venture Investment program takes direct equity and debt up to 5 mil

Critical MineralsInfrastructure
RV

Radical Ventures

Toronto, Ontario
EarlyGrowth

Invest in world-leading companies developing and applying artificial intelligence.

AI
RV

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
R

Redbrick

Victoria, BC
Growth

Victoria venture builder and holding company that builds and acquires software companies such as Leadpages and Shift, holding permanent equity.

SoftwareSaaS
RF

Renewal Funds

Vancouver, BC
EarlyGrowth

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

AgtechB2C
RC

Roadmap Capital Inc.

Toronto, ON
Series ASeries B+

Private venture capital and mutual fund management company with 1 fund and 51 deals recorded.

Electronic & SemiconductorComputer Hardware & Services
ST

Scotiabank Technology & Innovation Banking

Toronto, ON
PE / DebtGrowth

Scotiabank's tech lending arm with ~C$2B lent to Canadian tech companies including BenchSci, Helcim, GeoComply, and Field Effect. Launched in 2019, ex

TechnologyCybersecurity
SP

Serruya Private Equity

Markham, ON
Growth

Family office of the Serruya family (Yogen Fruz founders) taking direct minority and control stakes in consumer, restaurant, and retail brands.

FoodRestaurant
SS

Shopify (Strategic Investments)

Ottawa, ON
Growth

Strategic balance-sheet investing by Shopify, taking minority equity stakes in commerce, fintech, and infrastructure partners such as Affirm, Global-e

CommerceFinTech
SD

Sixty Degree Capital

Toronto, ON
Pre-SeedSeed

Global investment firm with $620M+ USD in AUM. Partners with visionary founders across technology and healthcare. Fund III closed at $338M CAD.

Enterprise SoftwareHealthcare
SC

Stack Capital

Toronto, ON
Growth

Publicly traded investment holding company (TSX: SC) providing access to high-growth pre-IPO and late-stage technology companies.

TechnologyLate-Stage Ventures
SV

Stifel Venture Banking

Toronto, ON
PE / DebtGrowth

Venture banking division of Stifel providing venture debt ($1M-$50M+), treasury management, and capital raising for seed through IPO-stage tech compan

TechnologySaaS
TI

TD Innovation Partners (TDIP)

Toronto, ON
PE / DebtGrowth

TD Bank's full-service innovation banking platform launched in 2024, providing venture debt, banking, and financing solutions for technology companies

TechnologySaaS
TV

Teachers Venture Growth (TVG)

Toronto, ON
Series B+Growth

Late-stage venture and growth investing arm of the Ontario Teachers Pension Plan (established 2019); direct stakes plus select fund commitments.

EnterpriseDeepTech
TA

The Atmospheric Fund (TAF)

Toronto, ON
SeedGrowth

City of Toronto climate investment fund (around 80 million dollar endowment) deploying subordinated and convertible debt and preferred shares directly

CleanTechEnergy Efficiency
TC

Tiny Capital

Victoria, BC
Growth

Founded by Andrew Wilkinson. Acquires and operates internet businesses with a permanent capital holding company model.

Internet BusinessesSaaS
TC

Trinity Capital

Phoenix, AZ, USA
PE / DebtGrowth

Non-bank venture debt and equipment financing provider for growth-stage companies backed by leading venture capital firms. Publicly traded (NASDAQ: TR

TechnologyLife Sciences
TN

True North Fund

Kitchener, Ontario
Growth

Growth secondary VC by Canadians, for Canadians. Keep Canadian tech companies in Canada.

Sector Agnostic
TC

TVM Capital Life Science

Montreal, QC
SeedSeries A

Transatlantic life-science venture firm (about 900 million dollars under management) with its Canadian team leading origination from Montreal.

TherapeuticsMedTech
VO

Venture Ontario

Toronto, ON
Growth

Government of Ontario fund-of-funds (formerly Ontario Capital Growth Corporation) committing as a limited partner to Canadian venture funds rather tha

ICTLife Sciences
VC

Vertu Capital

Toronto, ON
GrowthPE / Debt

Invests in and works closely with premier late-stage Canadian technology companies to achieve their long-term goals.

SoftwareInternet Software & Services
VG

Vistara Growth

Vancouver, BC
Growth

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

AICybersecurity
WC

Walter Capital Partners

Montreal, QC
GrowthPE / Debt

Montreal-based PE firm partnering with management teams of mid-market businesses in Quebec and Canada to drive growth.

TechnologyHealthcare
WT

Western Technology Investment (WTI)

Portola Valley, CA, USA
PE / DebtSeed

Pioneered venture debt in 1980. $7.8B deployed across 1,400+ companies including Canadian firms. Now investing out of 11th institutional fund. Acquire

TechnologySaaS
XW

XPV Water Partners

Toronto, ON
Series ASeries B+

Investment firm with a unique combination of water and investment expertise, focused on companies enabling efficient water use.

Water TechnologyEnvironmental
YP

Yaletown Partners

Vancouver, BC
Growth

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

AgtechAI