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The Venture Codex

BMO Capital Partners

10642 Dixie Hwy, Louisville, KY, 40272, United States

Overview

BMO is a prominent bank in North America, is to Grow the Good in both business and life Boldly. BMO's purpose—for a prosperous economy, a sustainable future, and an inclusive society—guides our strategy, fuels BMO's ambition, and reaffirms our dedication to advancement.

Total investments
43
Lead investments
12
Investments · 12mo
5
Active investors
5

Sector focus

  • Banking
  • Finance
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Investment portfolio

  • Neo Financial

    Participated · Debt Financing · Apr 2026

    Neo Financial builds consumer financial products including a suite of credit cards, Everyday Accounts, Neo Savings, Neo Invest, and Neo Mortgage, and operates Neo for Partners which powers financial solutions for over 10,000 partners. The company serves more than one million customers and offers one of Canada’s lowest mortgage rates. Founded in 2019, Neo is headquartered in Calgary, Winnipeg, and Toronto and has raised more than $650 million in funding. It has been recognized as Canada's top-growing company by The Globe and Mail and placed #1 on the Deloitte Technology Fast 50 for three consecutive years. Neo recently completed a $150 million inaugural credit card securitization to access institutional capital and support growth of its credit card portfolio.

  • VoltaGrid

    Participated · Debt Financing · Nov 2025

    Founded in 2020 and led by CEO Nathan Ough, VoltaGrid is a Houston-based advanced energy management and generation company providing behind-the-meter generation, portable power, CNG fuel supply, infrastructure, and energy management services. Its customers include data centers, AI infrastructure, utilities, and industrial clients across North America and beyond. The company reports an order book of roughly 7.5 GW through 2030. VoltaGrid plans to expand deployment and strengthen supply-chain and manufacturing capabilities following its announced acquisition of Propell Energy Technology Ltd., which adds about 1,000 employees and experience in reciprocating engines and turbine technologies. The recent $1.0 billion strategic equity investment is intended to accelerate those deployments and reduce execution risk on its projects.

  • ATEX Resources

    Led · Equity · Oct 2025

    ATEX Resources is pursuing the exploration and development of the Valeriano copper and gold deposit located in Chile’s Atacama Region. The company’s core activity is drilling and resource definition work aimed at proving out the project’s economic potential. Proceeds from its latest financing will be allocated to further exploration activities, project development, and general working capital. Management has structured recent capital raises to include common shares and long-dated warrants, providing additional future funding if the share price appreciates. The Valeriano project is considered the company’s flagship asset and the primary focus of its capital program. By securing substantial new funds, ATEX intends to accelerate drilling campaigns and related technical studies that can de-risk the project and move it toward feasibility. The inclusion of acceleration clauses on the warrants underscores management’s confidence in potential near-term share-price appreciation. Overall, ATEX is positioning itself to deliver key exploration milestones over the next several years while maintaining financial flexibility.

  • Felix Health

    Participated · Series C · Oct 2025

    Felix Health delivers telehealth services that enable Canadians to obtain consultations and prescriptions for birth control, PrEP, weight loss, hair loss, erectile dysfunction, skin care, menopause, anxiety, and other mental-health needs. The company recently broadened its scope with Felix Longevity, a preventive wellness program that analyzes more than 35 biomarkers related to metabolic, vitamin, and thyroid health. Management plans to deepen its preventive-care and testing offerings and to scale its weight-loss platform ahead of expected generic GLP-1 availability in Canada by 2026. Felix reported a $150 million revenue run rate in its current fiscal year, reflecting 80% year-over-year growth. Earlier financing of C$18 million in 2023 funded the launch of more complex care categories and therapeutic services. The new capital allows Felix to continue hiring and to expand its holistic, patient-centered virtual care experience.

  • Silver Tiger Metals

    Participated · Equity · Oct 2025

    Silver Tiger Metals focuses exclusively on the El Tigre silver-gold property in Sonora, where it has drilled more than 150,000 metres since beginning work in 2017—119,000 metres of which were completed after 2020. The company has issued several mineral resource estimates, publishing its most recent update in 2024. In November 2023 it released a Preliminary Economic Assessment outlining a 10-year open-pit mining scenario for the deposit. Proceeds from its latest C$28.8 million equity raise will be directed toward continued exploration and development activities at El Tigre. The intensive drill campaigns and engineering studies aim to move the project toward a construction decision. The company’s strategy centers on de-risking the asset through aggressive drilling, updated resources and economic studies while maintaining a strong treasury to fund ongoing work.

Team