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The Venture Codex

Overview

Supports innovation and economic development across Canada.

Deals · 12mo

1

Stage focus

Grant
Series B

Geographic focus

Canada

Sector focus

—

Investment portfolio

4rounds
NAMEDATESIZE
Carbicrete
Jun 2026Led
$1 MGrant
SPARK Microsystems
Mar 2023Participated
$25 MSeries B
VueReal
Apr 2022Participated
$14 MSeries B
UrtheCast
Mar 2017Led
$18 MOther Equity
Carbicrete
Jun 2026Led
$1 MGrant
SPARK Microsystems
Mar 2023Participated
$25 MSeries B
VueReal
Apr 2022Participated
$14 MSeries B
UrtheCast
Mar 2017Led
$18 MOther Equity
4
Items
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Insights

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Deal Distribution

Economic Development Canada: 4 funding rounds are recorded in the selected participation categories.All available history.
Economic Development Canada: 4 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series B02
Other Equity10
Grant10

Monthly Deal Activity

Economic Development Canada: 4 deals are recorded across 116 months.All available history.
Economic Development Canada: 4 deals are recorded across 116 months. All available history
MonthDeals
Mar '171
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '231
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Economic Development Canada: Space & Frontier Tech is the largest displayed sector by deal count (3 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Economic Development Canada: Space & Frontier Tech is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Space & Frontier Tech3
Networks, Cloud & Communication2
Hardware & Robotics2
Manufacturing2
Clean Energy & Sustainability2
Food & Agriculture1
AI & Machine Learning1
Real Estate & Construction1
Data, Analytics & IT1

Deal Size Distribution

Economic Development Canada: 4 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Economic Development Canada: 4 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M0
$10M-$25M3
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Economic Development Canada: Canada has the largest recorded deal count among the displayed regions (4 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Economic Development Canada: Canada has the largest recorded deal count among the displayed regions (4 deals). All available history
RegionDeals
Canada4
Economic Development Canada: 8 co-investors are shown, with Cycle Capital Management sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

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Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Economic Development Canada: 8 co-investors are shown, with Cycle Capital Management sharing 2 recorded deals. All available history
Co-investorShared deals
Cycle Capital Management2
BDC Capital1
Idealist Capital1
NanoDimension1
National Research Council of Canada1
Real Ventures1
TDK Ventures1
Vitro1

Investment Strategy

Economic Development Canada: Led accounts for 50% and participating for 50% of round participation.All available history.
Economic Development Canada: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led250%
Participating250%
Economic Development Canada: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Economic Development Canada: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead150%
Co-led150%

Team

No team members found for this fund.