BDC Capital's co-investment arm deploys $38 mln to tech deals

BDC Capital said its co-investments team has deployed $38.1 million to Canadian technology financings over the past 18 months. The team, set up to increase late-stage deal capitalization alongside other funds, backed seven financings in this period. Examples include the latest rounds of Ecobee, a Toronto-based smart Wi-Fi thermostat maker, Element AI, a Montréal-based artificial-intelligence solutions company, and Miovision, a Kitchener, Ontario-based smart-traffic technology provider. BDC's co-investments team, led by Managing Partner Dominique Bélanger, works with more than 70 venture capital fund managers.

30 October 2018•3 mins read
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