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Climate Tech Fund

ICE Venture Fund

Our $400 million fund invests in Canadian climate technology firms demonstrating high potential to grow into global champions and deliver significant domestic and global greenhouse gas reductions. Our team works in close partnership with our portfolio companies, providing advice, connections to government funding programs and private investors. We have the financial capacity to follow-on in a meaningful way as your company commercializes and scales.

Net-zero champions

Innovation and investment in the energy transition are essential to Canada’s net-zero path. BDC is committed to helping Canada meet its 2050 decarbonization targets and climate tech companies will be at the forefront of this transition. Building on the success of our Cleantech Practice, the Climate Tech Fund brings our total clean- and climate-tech commitment to $1 billion.

Our focus

  • Late-stage seed to growth stage capital
  • Impactful technologies that materially reduce GHG emissions
  • Hard technologies (capital intensive business models)
  • Defensible proprietary intellectual property
  • Demonstrated market traction / validated product-market fit
  • Clear line of sight to achieve commercial scale and profitability

Who is this fund for

We invest in firms developing technology that materially mitigate GHG emissions across several themes including but not limited to:

  • Electrification & mobility
  • Built environment
  • Carbon capture, utilization, conversion and sequestration
  • Low-carbon fuels and energy
  • Farms, forest & food

BDC also offers other sustainability or climate related venture capital solutions. Learn more

Fighting climate change one investment at a time

Canadian climate tech companies have emerged as global leaders. As one of the largest and most active climate investors in Canada, BDC is here to help these firms reach their full potential.


Collaboration with public and private sector investors is central to our approach


Long-term investor playing active role in supporting growth of company


Passionate and committed pan-Canadian team with hands-on approach

Let’s talk

Want to learn more about our fund?

Our team

Susan Rohac - Vice president, Cleantech practice at BDC
Susan Rohac

Managing Partner

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Cheri Corbett - Partner and team lead in investments at BDC
Cheri Corbett

Senior Partner

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Zoltan Tompa - Partner and team lead in investments at BDC
Zoltan Tompa

Senior Partner

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Vivian Kan - Partner in investments at BDC
Vivian Kan


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Pascal Lanctôt - Principal with the cleantech practice at BDC
Pascal Lanctot


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Matt Stanley - Partner investments at BDC
Matt Stanley


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Jahangir Bhatti - Principal, investments at BDC
Jahangir Bhatti


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Nicole Leite, climate technology fund at BDC
Nicole Leite


Kevin Albert - Associate principal, investment at BDC
Kevin Albert

Associate Principal

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Brian Chan - Associate principal investments at BDC
Brian Chan

Associate Principal

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Darya Jalali - Associate principal in investments at BDC
Darya Jalali

Associate Principal

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Sam Tirikollur, Venture Capital Analyst at BDC
Sam Tirikollur


Suhail Zantout, analyst in the venture capital team at bdc
Suhail Zantout



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