BDC Capital Cleantech Practice

Overview

BDC Capital Cleantech Practice is a Canadian venture capital firm dedicated to supporting the growth of clean technology companies. Established in 2018, the firm launched its $600 million Cleantech Fund, which is now fully committed, investing in a portfolio of 50 companies, including firms recognized as Global Cleantech 100 Companies. In November 2022, BDC announced the launch of its $400 million Climate Tech Fund II, further solidifying its commitment to fostering innovation in the cleantech sector. The firm's investment strategy focuses on providing equity and flexible financing to cleantech firms with commercially validated, IP-protected technologies that demonstrate a positive environmental impact. BDC Capital Cleantech Practice has a track record of supporting companies that have achieved significant market traction and have the ambition to scale beyond $100 million in annual revenue. Notable portfolio companies include Anaergia, Li-Cycle, and NanoXplore, which have made significant strides in their respective industries. The firm's approach emphasizes collaboration with public and private sector investors, patience in supporting long-term growth, and a passion for accelerating the decarbonization of the economy. BDC Capital Cleantech Practice continues to play a pivotal role in Canada's cleantech ecosystem, aiming to help Canadian climate tech firms become global technology champions and contribute to the country's decarbonization targets.

Investment Focus

• Commercially validated, IP-protected technology
• Positive environmental impact
• Significant market traction
• Ambition to scale beyond $100 million in annual revenue

Portfolio Companies