BDC commits $3 mln to new consumer products venture BrandProject
BDC Venture Capital has made a $3 million commitment to BrandProject LP, a venture capital fund that invests in early-stage consumer products and technology companies. With offices in Toronto and New York, the fund makes equity investments in disruptive Internet-enabled consumer products and consumer services businesses across North America. Founded in 2012, BrandProject, which completed a first close of $12 million in Aug. 2013 with the backing of angel investors, builds on the record of Blackpoynt Brand Ventures, a firm focused on creating value and growing branded consumer businesses. Both BrandProject and Blackpoynt were founded by Andrew Black, who was previously president and CEO of Virgin Mobile Canada.
9 December 2013•4 mins read
