The people
What they build
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Working at BDC Capital
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On the TechTO stage
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About
The Business Development Bank of Canada is a Crown corporation wholly owned by the federal government and mandated to finance and advise Canadian businesses. BDC Capital is its investment arm, and the single largest and most active venture investor in the country. It works on several fronts at once: direct investment across the full range from seed to growth equity, indirect investment as a limited partner in Canadian venture funds, and specific government mandates. Assets under management were close to CAD $7 billion in 2024, and it has committed nearly $1 billion in new funds aimed at late-stage technology companies. Two people in this directory work there — Alroy Almeida, an associate principal, and Olga Cruz, director of the Thrive Lab, who joined a Health Toronto fireside in March 2026 on what impact investing actually looks for.
Backers
The investment arm of BDC, a Crown corporation wholly owned by the Government of Canada.
Quick answers
What is BDC Capital?
The investment arm of the Business Development Bank of Canada, a federally owned Crown corporation. It is the country's largest and most active venture capital investor.
How does BDC Capital invest?
Directly, from seed to growth equity; indirectly, as a limited partner in Canadian venture funds; and through specific government mandates. It had close to CAD $7 billion under management in 2024.
What has BDC Capital said on the TechTO stage?
At Health Toronto in March 2026, Olga Cruz of the Thrive Lab joined Healthkind's founders on what impact investing looks for in health tech and why trust beats speed in healthcare.