BDC Venture Capital invests $1.5 million into 10 Canadian start-ups

BDC Venture Capital has announced a $1.5 million investment into 10 Canadian start-ups, each receiving $150,000.

BDC declared that RUMAnalytics and AnalyzeRE, who are part of the New Brunswick-based Launch36 accelerator program, has been awarded the seed investment. BDC will also be showing the love for Kitchener-Waterloo-based Communitech HYPERDRIVE as they’ll funnel money into 5 start-ups, specifically BeanEvo, ViewsIQ, Groupnotes, Dandy and Finally, BRIKA, Instaradio and Koge, part of Toronto’s Extreme Startups accelerator program, will each be backed with $150,000 investment.

Senia Rapisarda, VP at BDC Venture Capital, stated that “Making first-time investments in such promising startups is part of our strategy to build a healthy Canadian ecosystem. We’ll also be looking at connecting these entrepreneurs with angel and venture capital as well as providing them with other forms of non-financial support.”

Source: CNW
Via: Flickr


Ian Hardy

Ian is publisher at MobileSyrup. He's been quietly creating and building things for years and is completely addicted to Tim Hortons.

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