BDC Capital launches $300M growth venture co-investment fund

Photo of author

By CPE News

CPE News (6/8/2021) – BDC Capital, the investment arm of Business Development Bank of Canada (BDC), has allocated $300 million for a new growth venture co-investment “fund”, targeting late stage growth companies.

The new fund is designed to play a key role in supporting venture backed companies as they scale to their full potential and help to attract additional investors to support their expansion.

It will co-invest alongside other partner funds and provides an additional source of Canadian funding for late stage companies in a globally competitive marketplace.

photo credit: BDC