InBC Investment Corp.

Are you a growing, innovative company looking for an equity investment? 🚀 InBC is investing in private companies with strong connections to B.C. and ready to scale up (typically raising a Series A or later round). 📈 Learn more and connect today: https://buff.ly/4dJ8Co6 #bcbusiness #startup #scaleup #entrepreneur #investment #venturecapital

We're featured in the Carbon Herald! Read about our latest announcement regarding InBC Investment Corp.'s investment in Svante: https://lnkd.in/gum9zWrP "Svante has a tremendous market opportunity, both globally and domestically..." . . . #ccus #carboncapture #carbonmanagement #carbonremoval #bctech #vancouvertech #cleantech #climatetech #climatesolutions

Here is our November roundup of entrepreneurial news and events that caught our attention 👀 • Pacific Economic Development Canada | Développement économique Canada pour le Pacifique will be delivering $32.2 million through the new Regional Artificial Intelligence Initiative in British Columbia. Businesses and not-for-profit organizations working on AI technologies can apply for funding now: https://lnkd.in/gp8KiGKw • Women in climate tech: B.C. Centre for Innovation and Clean Energy (CICE) is awarding up to $3 million in non-dilutive funding to B.C. climate tech companies led by women-identifying founders. Apply by Dec 3: https://lnkd.in/e7vgGCWg • Women founders can learn about impact measurement, due diligence and more through Spring's Invest Together in Women-Led Impact program, and advance to the next stage for a chance to pitch for a $100K investment. Apply now: https://lnkd.in/gYVWPheb • Get investment-ready with Movement51's Founder Lab for women and gender-diverse leaders and founders who are planning to raise a pre-seed round. Apply now for the next cohort starting May 1: https://lnkd.in/gnumzNPJ • South Island Prosperity Partnership has opened the doors to the COAST Ocean Innovation Hub, a coworking and events space for ocean-focused businesses and innovators: https://lnkd.in/gAD3k9qD What are some events or resources you will be taking advantage of to help your business scale?

As part of our jobs, we stay on top of the venture capital trends in B.C. and Canada to better inform our strategy, including identifying any market gaps and growth sectors in B.C. Canadian Venture Capital & Private Equity Association (CVCA) recently released their YTD Q3 2024 Venture Capital Market Overview and here are some highlights: • Year to date in 2024, Ontario, Quebec and B.C. were the top three provinces for venture capital investment. • B.C. overtook Quebec for dollars invested for the first time since 2021, contributed by legaltech company Clio's significant fundraise. Both provinces have already exceeded its 2023 totals. • B.C.-based Clio - Cloud-Based Legal Technology raised the largest round in Canada on record, closing at $1.24B. • B.C. made up 32% of total investment value in Canada, largely driven by 48 deals in Vancouver. • The top sectors in B.C. by deal size were information & communications tech (ICT), cleantech and life sciences. • Across Canada, cleantech investment is on track to surpass the record highs of 2022, with deal sizes rising 43% year over year. • Average deal values climbed by 14% while the number of deals decreased, indicating investors are trending toward larger transactions and later stage deals. Download the full report: https://lnkd.in/gFdjQy2y

Investment announcement 📣 InBC has invested in Svante, a climate tech company that develops nanoengineered filters and rotary contactor machines to trap and remove carbon dioxide (CO2) from industrial emissions and the air. Svante is currently constructing a 141,000-square-foot facility in Burnaby, B.C., which will have the filter manufacturing capacity to capture 10 million tonnes of CO2 every year – equivalent to taking over 2.3 million gas-powered passenger vehicles driven for one year off the road. It will use this investment to accelerate the delivery of carbon capture and removal projects domestically and abroad. InBC's investment in Svante is supporting a strategic growth sector in B.C., increasing jobs and innovation in the province and driving measurable climate action. Read the press release: https://lnkd.in/gd4q47m4 Learn more in our blog: https://lnkd.in/grq4giVp #carboncapture #carbonremoval #climateaction #decarbonization #cleantech #climatetech #bctech

ICYMI, Accelerate Okanagan recently announced the results of its 2023 Okanagan Tech Economic Impact Study, highlighting the contributions of the Okanagan tech sector on B.C.'s economy, including: 💵 $4.98B total economic impact 🏢 787+ companies 👩💼 32,645 jobs Read the full report and explore opportunities in the Okanagan: https://buff.ly/3UmngKE #okgntech #bctech

Calling all women founders in climate tech 👋🌎 The B.C. Centre for Innovation and Clean Energy (CICE)'s latest Call for Innovation is awarding up to $3 million in non-dilutive funding to B.C. #climatetech and #cleanenergy companies led by women-identifying founders or co-founders. Learn more and apply by Dec 3: https://buff.ly/3UEeE1X

Are you using #CapitalCompassBC? Take advantage of this free tool helping to connect B.C. businesses with investors. 👇

Did you hear? Half of Canada's most investable cleantech ventures are located in B.C. Congratulations to the B.C. companies named in Foresight Canada's Foresight 50 List of Canada's Most Investable Cleantech Ventures. We are proud to be supporting 4AG Robotics, Arca, ChopValue and Mangrove Lithium in our portfolio. These companies are driving innovation and creating jobs in B.C., and generating positive impact here and across the world. See the full list here: https://buff.ly/3UQd0KL

Congratulations to Pender Ventures on the final close of its second fund, which has raised over $100 million to support diverse and scalable Canadian B2B software and healthtech startup companies! 👏 🎉 InBC invested in the Pender Technology Inflection Fund II in 2023 alongside other investors. We are proud to be supporting a Vancouver-based fund with a shared commitment to supporting diverse companies.