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British Columbia Investment Management Corporation

750 Pandora Ave, Victoria, BC, V8W 0E4, Canada

Overview

The British Columbia Investment Management Corporation (bcIMC) provides funds management services for public sector pension plans, provincial government bodies, and publicly administered trust funds. bcIMC invests globally in the public equity and fixed income markets, as well as mortgages, real estate, and private placements for its clients. bcIMC was founded in July 1999 and is based in Victoria, British Columbia.

Total investments
10
Lead investments
1
Investments · 12mo
6
Active investors
8

Sector focus

  • Banking
  • Consulting
  • Finance
  • Personal Finance
  • Venture Capital
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Investment portfolio

  • Dominion Dynamics

    Participated · Series A · Jun 2026

    Dominion Dynamics is developing an Autonomous Collaborative Platform and a delta-wing autonomous combat aircraft, internally named "Scout," intended to operate alongside Royal Canadian Air Force F-35A fighters on Arctic missions. The Scout is designed to carry heavy weapons payloads and to operate over thousands of miles using satellite communications. The company aims to complete a subscale prototype within 18 months and is moving into a 35,000-square-foot facility near Ottawa on 1 June to support manufacturing and testing. Dominion Dynamics was founded by Erik Pence, a former executive at Anduril Industries. Financially, the company has secured C$50 million from Canada's National Research Council plus a C$21 million seed round led by Georgian with participation from Bessemer Venture Partners and British Columbia Investment Management Corporation.

  • Photonic

    Participated · Series E · May 2026

    Photonic pursues a distributed approach to quantum computing through its Entanglement First architecture, which combines silicon-based qubits with native photonic connectivity to enable scaling across existing telecom fiber infrastructure. The company positions this architecture as a path toward fault-tolerant, commercial-scale quantum systems that can interoperate with global cloud and telecom networks. Photonic is engaged in programs including Canada’s Quantum Champions Program and Stage B of DARPA’s Quantum Benchmarking Initiative. With the recent financing, Photonic has raised over $350 million USD to date and closed a round valuing the company at $2.0 billion USD post-money. The firm says it will use the new capital to advance platform development, deepen telecom and strategic partnerships, grow its team, and pursue near-term milestones. Investors supporting Photonic range from government development banks and national telecoms to multinational strategic and growth equity backers.

  • Grow Therapy

    Participated · Series D · Mar 2026

    Grow Therapy equips licensed clinicians with scheduling, billing, EHR software, and AI-assisted documentation tools that have cut note-taking time by nearly 70% while exceeding manual accuracy. More than two million people have used the platform, accumulating 10 million therapy and medication-management appointments, including seven million visits in 2025 alone. The company works with 125+ insurance carriers, giving 220 million Americans in-network access and keeping the average out-of-pocket cost at $21 per visit, with one-third paying nothing. Client satisfaction is high, evidenced by an 85 Net Promoter Score and internal data showing 80% of clients experience measurable symptom improvement within 30 days. Grow’s mobile app extends clinically guided AI support between sessions, and outcome-tracking tools feed insights back to providers. Looking ahead, the company plans to deepen integrations with employers, health plans, and health systems to create a seamless care pathway. Grow Therapy has raised $328 million to date, funding continued product innovation and expansion of its care network.

  • GovDash

    Led · Series B · Jan 2026

    GovDash builds an AI-native platform that streamlines every stage of government contracting, from surfacing bid opportunities and managing sales pipelines to generating compliant proposals and handling post-award contract modifications. The New York City–based company targets federal contractors and has secured customers such as Scale AI, SPATHE Systems, and Threat Tec, which collectively won more than $5 billion in government contracts using the software. In 2025, GovDash recorded a 16× year-over-year revenue increase and attained FedRAMP Moderate Equivalency, underscoring its compliance credentials for government work. The platform aims to reduce administrative overhead by tightly integrating disparate workflows into a single system of record. Fresh capital will be directed toward scaling engineering across all product areas, enhancing customer success functions, and expanding offices in New York and Arlington, Virginia. The company’s traction and compliance certifications position it to capture a larger share of the federal contracting software market.

  • Ziply Fiber

    Participated · Equity · Sep 2022

    Ziply Fiber provides fiber internet and voice services across the U.S. Northwest, offering speeds up to 5-gig across its fiber service area. Its primary products include Fiber Internet and phone for residential customers, Business Fiber Internet and Ziply Voice for small businesses, plus internet, networking and voice solutions for enterprise customers; it also continues to support DSL and TV customers in parts of Washington and Oregon. In its first two years of operation the company upgraded its copper network to fiber in more than 80 markets and has many more markets in the pipeline. The company announced $450 million in new funding to support continued fiber network expansion and an expanded edge-out strategy. Management said the capital will enable Ziply to serve more markets and continue closing the digital divide in rural and suburban communities across the Northwest. The company named Chris Denzin as Chief Operating Officer to oversee residential and commercial sales, customer care, field operations and product development, and promoted Rob Griffith to Chief, Fiber Design and Construction to lead fiber expansion.

Team

  • Gordon Fyfe

    Chief Executive Officer / Chief Investment Officer

  • Stefan Dunatov

    Executive Vice President, Investment Strategy & Risk

    LinkedIn
  • Marybeth Dee

    Partner and Managing Director

  • Jennifer Coulson

    Vice President, ESG

    LinkedIn