The Business Development Bank of Canada related stories
All articles and analysis
D-Wave confirms $30 mln raise from BDC, DFJ, Harris & Harris, other VCsD-Wave Systems Inc has secured $30 million in additional funding from new and existing Canadian and U.S. investors, including BDC Capital, Draper Fisher Jurvetson, Goldman Sachs and Harris & Harris Group. The announcement confirms an earlier report /canada/2014/07/11/sec-filing-shows-d-wave-systems-raising-additional-28-4-mln-in-vc/ about a filing with the U.S. Securities and Exchange Commission that said D-Wave had raised US$28.4 million. Founded in 1999, the Burnaby, British Columbia-based company said the new funds will be used to advance and scale its quantum computing technology, accelerate software development and build a software application ecosystem. D-Wave to date has raised $160 million in venture capital and government grants.
D-Wave confirms $30 mln raise from BDC, DFJ, Harris & Harris, other VCsD-Wave Systems Inc has secured $30 million in additional funding from new and existing Canadian and U.S. investors, including BDC Capital, Draper Fisher Jurvetson, Goldman Sachs and Harris & Harris Group. The announcement confirms an earlier report https://admin.venturecapitaljournal.com/canada/2014/07/11/sec-filing-shows-d-wave-systems-raising-additional-28-4-mln-in-vc/ about a filing with the U.S. Securities and Exchange Commission that said D-Wave had raised US$28.4 million. Founded in 1999, the Burnaby, British Columbia-based company said the new funds will be used to advance and scale its quantum computing technology, accelerate software development and build a software application ecosystem. D-Wave to date has raised $160 million in venture capital and government grants.
BDC Capital tops up Xagenic's $25.5 mln Series B, Dion Madsen join boardXagenic Inc has completed a $25.5 million second close of its Series B financing round. The new investor is Canadian venture capital firm BDC Capital, which joins earlier /canada/2013/12/02/molecular-diagnostics-startup-xagenic-nabs-20-mln-series-b-financing/ Series B investors CTI Life Sciences Fund, Domain Associates and Ontario Emerging Technologies Fund. BDC senior managing partner Dion Madsen, who was interviewed /canada/2013/10/07/rebooting-healthcare-venture-capital-investing-life-sciences-takes-new-direction/ by peHUB Canada last October, has taken a seat on Xagenic's board of directors. Based in Toronto, the company is a molecular diagnostics specialist developing the first lab-free molecular diagnostic platform. Xagenic is currently focused on its development program in anticipation of an analytical and clinical study start later in 2014.
- BDC Capital tops up Xagenic's $25.5 mln Series B, Dion Madsen join board
Xagenic Inc has completed a $25.5 million second close of its Series B financing round. The new investor is Canadian venture capital firm BDC Capital, which joins earlier /canada/2013/12/02/molecular-diagnostics-startup-xagenic-nabs-20-mln-series-b-financing/ Series B investors CTI Life Sciences Fund, Domain Associates and Ontario Emerging Technologies Fund. BDC senior managing partner Dion Madsen, who was interviewed /canada/2013/10/07/rebooting-healthcare-venture-capital-investing-life-sciences-takes-new-direction/ by peHUB Canada last October, has taken a seat on Xagenic's board of directors. Based in Toronto, the company is a molecular diagnostics specialist developing the first lab-free molecular diagnostic platform. Xagenic is currently focused on its development program in anticipation of an analytical and clinical study start later in 2014.
- Xagenic rakes in $25.5 mln Series B
Toronto-based molecular diagnostics firm Xagenic said Monday that it has closed $25.5 million in Series B funding. New backer BDC Capital joined the round. In addition to the financing, Dion Madsen, senior managing partner at BDC Capital, has been added to Xagenic's board of director.
- Xagenic rakes in $25.5 mln Series B
Toronto-based molecular diagnostics firm Xagenic said Monday that it has closed $25.5 million in Series B funding. New backer BDC Capital joined the round. In addition to the financing, Dion Madsen, senior managing partner at BDC Capital, has been added to Xagenic's board of director.
SEC filing shows D-Wave Systems raising additional $28.4 mln in VC: peHUB CanadaD-Wave Systems Inc has raised an additional $28.4 million in venture capital financing according to a new filing http://www.sec.gov/Archives/edgar/data/1547061/000154706114000004/xslFormDX01/primary_doc.xml with the U.S. Securities and Exchange Commission, sister website peHUB Canada reports.
Big companies getting bigger, but Canada still relies on SMES: reportA new study by the Centre for Digital Entrepreneurship and Economic Performance (DEEP) has found that Canadian businesses with revenues of more than $1 billion have been increasingly engaged in the global economy and growing through foreign and domestic acquisitions. Most of the growth has been in resource, service and engineering and construction sectors. However, the DEEP study, which was commissioned by the Business Development Bank of Canada, the Canadian Digital Media Network, Export Development Canada and Industry Canada, also found that Canada's economy still tends to be dominated more by small enterprises relative to other economies.
- Big companies getting bigger, but Canada still relies on SMES: report
A new study by the Centre for Digital Entrepreneurship and Economic Performance (DEEP) has found that Canadian businesses with revenues of more than $1 billion have been increasingly engaged in the global economy and growing through foreign and domestic acquisitions. Most of the growth has been in resource, service and engineering and construction sectors. However, the DEEP study, which was commissioned by the Business Development Bank of Canada, the Canadian Digital Media Network, Export Development Canada and Industry Canada, also found that Canada's economy still tends to be dominated more by small enterprises relative to other economies.
SEC filing shows D-Wave Systems raising additional $28.4 mln in VCD-Wave Systems Inc has raised an additional US$28.4 million in venture capital financing according to a new filing http://www.sec.gov/Archives/edgar/data/1547061/000154706114000004/xslFormDX01/primary_doc.xml with the U.S. Securities and Exchange Commission. The Burnaby, British Columbia-based company, which designs and manufactures quantum computing and superconducting electronics, secured the latest round from a mix of new and existing investors. Since its founding in 1999, D-Wave's Canadian and U.S. backers have included BDC Venture Capital, Draper Fisher Jurvetson, Goldman Sachs, GrowthWorks, Harris & Harris Group and Kensington Capital Partners. The company's prior round, totaling $30 million, closed in October 2012.