Climate Tech Fund II

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 first $600 million Cleantech Fund, 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 this fund is 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.