BDC Capital launches C$200m deeptech fund, Park to lead

Led by Thomas Park, the new fund will invest in early-stage quantum, electronics, photonics and related technologies in Canada.

BDC Capital, the investment arm of Canadian bank BDC, announced today it has created a C$200 million early-stage fund to invest in deep technology companies within Canada. The fund will invest in the development of transformational technologies in sectors like quantum, electronics, photonics, foundational artificial intelligence and related fields.

Thomas Park, formerly a vice president of operations and strategy with BDC Capital, will lead the new fund as partner.

Source: BDC Capital announcement