Royal Bank of Canada | RBC Growth Fund

corporate vc$1BCo-investsLeads rounds

◆ Fund Size

$1B

◆ Check Size

$3.0M→$20.0M

◆ Location

Canada

◆ Activity

Statusactively investing

◆ Links

Website ↗

◆ Investment Thesis

Strategic venture capital and fund investing to deliver value to RBC while generating market returns, with emphasis on financial services technology, AI, data analytics, cybersecurity, and climate solutions.

◆ About Royal Bank of Canada

RBC Capital Partners is Royal Bank of Canada’s corporate venture capital and fund investment arm, investing directly in companies and in VC/PE funds, and RBCx supports venture capital and growth equity activity across the bank.

◆ Sectors

Quantum Computing

◆ Stages

seed

◆ Geography Focus

Canada

◆ Team

Name	Title	Role	Links
Mike Dobbins	Group Head, RBC Ventures & Corporate Development	—

◆ Notable Investments

Highline Beta fundclimate solutions investmentsdirect venture and fund investments across VC and PEClearBlue Markets[5]Rondo[5]TES Canada[5]ArcTern Ventures[5]DCVC Energy & Climate[5]Energy Impact Partners[5]EQT Transition Infrastructure[5]Evok Innovations[5]General Atlantic BeyondNetZero[5]Just Climate[5]Power Sustainable Lios[5]Tikehau Decarbonisation Private Equity[5]Wellington Climate Innovation[5]XPV Water Partners[5]Smart Reno[6]

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does RBC Growth Fund invest in?

RBC Growth Fund invests in Quantum Computing at the seed stage.

Which geographies does RBC Growth Fund focus on?

RBC Growth Fund focuses on Canada, and is headquartered in Canada.

What is RBC Growth Fund's typical check size?

RBC Growth Fund typically writes checks of $3M to $20M.