BDC Capital Inc. invests in Garage Capital Fund III LP

Date Closed

April 01, 2020

Lead Office

Québec City

On April 1st, 2020, BDC Capital Inc, an affiliate of the Business Development Bank of Canada, as anchor investor, closed an investment as part of the Government of Canada's Venture Capital Catalyst Initiative, in Garage Capital Fund III LP. 

BDC Capital Inc exists to help turn great ideas into great companies by offering innovative solutions. Their team is led by professionals who have an understanding of finance and know how to create business success. 

Garage Capital Fund III LP is a Canadian private equity fund managed by Garage Capital Inc.. It is a early-stage venture capital fund focused on companies from the Waterloo-Toronto area. 

McCarthy Tétrault advised with a team led by Mathieu Laflamme that includes Angelo Discepola and Alexandre Saulnier-Marceau.