Gibraltar Partners with BDC Capital, Launches Venture Fund to Invest in a Dozen Tech Startups

Posted by Knowlton Thomas

Gibraltar & Company, a Toronto-based technology investment management firm, today announced the launch and first close of Gibraltar Ventures Fund One Limited Partnership.

Investment in this strategic founders’ round will capitalize the fund and strengthen Gibraltar’s relationships with partners, including BDC Capital.

"BDC is a quintessential presence in the Canadian ecosystem," explained Cam di Prata, CEO of Gibraltar, to Techvibes. "Always willing to make introductions and facilitate with deal flow ideas, we look forward to forging a long term-relationship with them not solely as limited partners but as strategic ones as well. "
 
Over the next three years, the fund will invest in 10 to 12 early to mid-stage technology companies, according to Gibraltar.

“Gibraltar’s investment model and, in particular its focus on revenue acceleration of tech entrepreneurs, is both unique and very promising in terms of its potential to deliver strong returns," says Michael Mahon, Director of Venture Capital, Strategic Investments and Partnerships at BDC Capital.

"The fund is backed by a solid and committed team of investment professionals and key advisors with exceptionally deep domain expertise," he added.

According to Mahon, the consumer and small business market being targeted by Gibraltar "is ripe for disruption."

"We are convinced that they have what it takes to grow a number of successful Canadian technology companies in the coming years," he said.

Company:
BDC Capital
Website:
http://www.bdccapital.ca
Location:
Montréal, Québec, Canada

A subsidiary of the Business Development Bank of Canada (BDC), BDC Capital offers a full spectrum of specialized financing and investment solutions to help Canadian entrepreneurs achieve their full growth potential. With more than $1 billion under management, BDC Capital takes a strategic, patient approach to nurture companies’ development over the long term. From venture capital to equity to growth and transition... more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis, hiking, and exploring weird side streets. more



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