BDC Funds Eigen, FoodTender, TopLog
BDC Venture Capital has invested $150,000 each into Eigen Innovations, FoodTender Solutions and TopLog, aiding the funding process of three recent graduates from Moncton-based technology accelerator Launch36.
Halifax-based TopLog has also received a $250,000 equity investment from Innovacorp, meaning it now has landed about 80 per cent of its seed-round target of $500,000.
The venture capital arm of the Business Development Bank of Canada said last summer it would extend convertible notes of $150,000 each to recent graduates of Canadian accelerators that it deems to be investment ready.