InBC Investment Corp.

We're delighted to welcome a few new members to the InBC team, bringing a mix of valuable experience to help execute our strategy. Please join us in extending a warm welcome to... Amy Pollard, Senior Investment Associate. Amy brings a mix of experience in venture investing and corporate innovation, including an investing role at BDC where she worked with early-stage companies across the full investment life cycle. Crystal Correa, Investment Associate. Crystal was most recently at Espresso Capital, where she focused on sourcing and structuring growth financing for technology companies. Chaeeun Lee, Investment Analyst. Chaeeun graduated with distinction in chemical engineering from McGill University, with a focus on biomedical applications. She has since worked in strategy and ESG including roles at TD Wealth and Fitch. Celeste Wang, Summer Analyst. Celeste will be with us for the next few months. She has early experience in valuation, M&A advisory and structured financing through roles at BCI, KPMG and Nomura. Welcome to the team!

And that’s a wrap! Thank you to the many, many founders, investors and innovation supporters that engaged with us throughout Web Summit Vancouver. In the last couple of days, we were so proud to see all the B.C. ventures showcased, including our portfolio companies across numerous stages. It was a privilege to witness all the exciting things happening across our province, from cutting-edge technology solving big problems to life-changing medicines. We stay inspired and reminded of why we do what we do. If you are curious about InBC and how we invest in the growth of B.C. businesses, or want to co-invest with us, learn more and connect with our team: www.inbcinvestment.ca Until next year.

Big congratulations to Jointly on winning the $10,000 grand prize in the Innovate BC Startup Pitch Competition at Web Summit Vancouver! 🎉 VEF was proud to be part of Jointly’s journey through the Road to Web Summit Vancouver program, supported by Innovate BC. On April 21, Aimee Schalles and Amanda Baron from Jointly pitched at VEF’s Women in Tech & Impact Pitch Showcase, presented in collaboration with Innovation UBC, InBC Investment Corp., and NorthX Climate Tech. The event brought together some of BC’s most exciting founders and innovation leaders ahead of Web Summit Vancouver. That night, Jointly was voted one of the People’s Choice Award winners and now, just a few weeks later, they’ve taken home another major win on the Web Summit stage. What's next for Jointly? Keep your eyes on their social for some exciting announcements coming soon! 🤫 🐲 We love seeing BC founders continue to build momentum and gain recognition on bigger and bigger platforms. Congratulations again to the entire Jointly team on this well-deserved achievement. 👏 #WebSummitVancouver #InnovateBC #WomenInTech #ImpactInnovation #StartupBC #VancouverTech #BCTech #Entrepreneurship

Energized! On Monday we co-hosted the first ever Canadian Climate Capital Summit alongside Active Impact Investments, Evok Innovations, Pangaea Ventures and NorthX Climate Tech. It was a packed, sold out room of GPs, LPs, the top climate founders and an awesome mix of truly wonderful people across the Canadian climate ecosystem. A super fun event! We had an incredible roster of presenting founders including Curtis Cook Mike Battistel Craig Kasberg Stephen Lake Mohammad Doostmohammadi Jonathan Rhone Amanda Hall Gavin Schneider Jeremy Moulson Edward Chiang A super fun discussion on the state of climate VC with John Rikhtegar And a great discussion on climate exits with Jack Chang, Kerri Fox, Stuart Lombard The Canadian climate ecosystem punches way above its weight and it was so much fun having everyone in the room! Thanks so much to all of our sponsors Fort Capital Partners RBCx Carta McCarthy Tétrault TELUS Osler, Hoskin & Harcourt LLP InBC Investment Corp. This is going to be even more fun next year! :) Special shout out to our other co-organizers Mike Winterfield Elyse Crowston Mitchell Ballentine Sarah Applebaum Andrew Haughian Bill Shmygol Lindsay Chan Ka-Hay Law What a crew!

B.C. invests with SFU to create $20M strategic investment fund: Fund could make it easier for SFU-related companies to thrive, compared with the challenges faced years ago by startups such as Photonic

Simon Fraser University and InBC Investment Corp. are teaming up to turn more university research into BC companies. Their new co-investment fund is targeting $20 million, focused on life sciences, deep tech, and cleantech. Past SFU spinoffs include Photonic Inc., which has raised $375 million, and Moment Energy, which recently closed a US$40 million Series B. https://lnkd.in/eQdAjkht

We’re back at Web Summit today. Don’t miss the Canadian Cleantech Awards at the Climate Innovation Zone, where our portfolio companies Mangrove Lithium and Svante are both up for Scale-up Venture of the Year. They’re both winners in our eyes. 🏆️🏆️ Later, swing by the BC Pavilion at 3 p.m. to watch our portfolio fund Pender Ventures in a fireside chat on digital health investments in B.C.

Simon Fraser University is putting new capital behind B.C.’s next generation of research-driven startups. Announced at Web Summit Vancouver, the new SFU Innovates Venture Fund will support early-stage ventures emerging from SFU researchers, students, and alumni. Created with InBC Investment Corp., the fund starts with $15 million in investment capital, with SFU committing $7.5 million and InBC matching that amount. SFU is also seeking additional investment and philanthropic support to grow the fund to $20 million. The fund will focus on sectors including life sciences, deep technology, and cleantech, helping more SFU-born companies move from lab to market and scale in British Columbia. Dugan O'Neil, Thomas Park, Stephanie Simmons, and Ravi Kahlon all speak to the broader opportunity: turning local research into globally relevant companies while keeping more talent, IP, and economic growth in B.C. https://lnkd.in/eMkVYAtX

Announcing the SFU Innovates Venture Fund 📢 Today, Simon Fraser University and InBC announced plans to launch the SFU Innovates Venture Fund, a co-investment partnership and joint venture to grow and commercialize university breakthrough research and discoveries. The announcement was made at Web Summit Vancouver, with attendance by the Minister of Jobs and Economic Growth Honourable Ravi Kahlon and members of the media. SFU spinoff and InBC-invested company Photonic Inc. also provided validating remarks. The SFU Innovates Venture Fund will invest in innovative B.C. companies based on technology developed by SFU researchers, students and alumni. It will focus on early-stage companies, prioritizing key growth sectors that have significant economic potential, including life sciences, deep technology and cleantech. SFU is Canada’s top university for innovation, with a proven track record of discovery and entrepreneurship. The joint venture builds on this legacy, accelerating the transition of university innovation into B.C. businesses. This co-investing partnership represents a shared commitment by InBC and SFU to increase the commercialization capacity in the province. It is a continuation of InBC’s efforts to commercialize more of B.C.’s world-class research and development and attract additional sources of capital to the province. By aligning priorities with Provincial sector targets, we are building momentum in key industries to maximize economic impact. Learn more: https://lnkd.in/gWsTKkjh Press release: https://lnkd.in/ga8bjDTi