BC Tech Fund

Overview

Established in 2016, BC Tech Fund is a $100 million venture capital fund managed by Kensington Capital Partners. The fund focuses on investing in emerging technology companies based in British Columbia, Canada, across sectors such as Information and Communications Technology (ICT), Digital Media, Clean Tech, and Life Sciences/Healthcare. BC Tech Fund primarily targets Series A investments, typically in companies with completed products generating annual revenues between $1 million and $3 million, seeking capital to accelerate rapid growth. The fund aims to achieve optimal financial returns by making investment decisions based on commercial market-based terms, consistent with a well-developed investment strategy. All investment decisions are made by Kensington as the Fund’s Manager, based on their assessment of the most compelling investment opportunities available from among eligible candidates. BC Tech Fund's investment strategy is centered on supporting the growth of British Columbia's technology sector by providing capital to promising early-stage companies. By focusing on Series A investments, the fund seeks to assist companies that have demonstrated product-market fit and are poised for significant expansion. The fund's diverse sector focus allows it to support a wide range of innovative companies contributing to the province's economic development. Through its strategic investments, BC Tech Fund plays a pivotal role in fostering innovation and entrepreneurship within British Columbia's technology ecosystem. By partnering with emerging companies, the fund contributes to the commercialization of new technologies and the creation of high-quality jobs, thereby strengthening the province's position as a leader in the global technology landscape.

Investment Focus

• Companies based in British Columbia
• Completed product with annual revenues between $1 million and $3 million
• Seeking capital to accelerate growth