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Explore: Biotech · Medtech · Drug Discovery · Pre-Seed · Seed · Series A

Life Sciences Venture Fund

BDC Capital

VC$150MCo-investsLeads rounds

Fund Size

$150M

Check Size

$0.7M$6.0M

Location

🇨🇦Canada

Investment Thesis

Aimed at supporting early-stage companies in therapeutics and medical technologies to help them transition from research and development to commercialization, addressing funding gaps and retaining scientific talent in Canada.

About Life Sciences Venture Fund

BDC Capital's Life Sciences Venture Fund is a $150 million CAD fund targeting seed- and early-stage (Series A) Canadian companies in therapeutics and medical technologies. It provides patient capital to address funding gaps in capital-intensive sectors requiring hardware and regulatory approvals. The fund aims to back 10-15 companies, accelerating their path from lab to market.

Sectors

BiotechMedtechDrug Discovery

Stages

pre-seedseedSeries A

Geographic focus

Canada

Verified 12 April 2026 · Sources: company website, Fusion42 review

Frequently asked questions

What does Life Sciences Venture Fund invest in?
Life Sciences Venture Fund invests in Biotech, Medtech and Drug Discovery at the pre-seed, seed and series-a stages.
Which geographies does Life Sciences Venture Fund focus on?
Life Sciences Venture Fund focuses on Canada, and is headquartered in Canada.
What is Life Sciences Venture Fund's typical check size?
Life Sciences Venture Fund typically writes checks of $0.7M to $6M.