BDC outlines how it will deploy $1 billion from its Defence Platform into funds and startups

As part of the Canada Investment Summit on Tuesday, the Business Development Bank of Canada (BDC) outlined how it will invest $1 billion of its broader $6 billion Defence Platform into defence tech startups and funds. The news: BDC has earmarked a $500-million Defence Fund to invest in Canadian and allied-nation venture capital, growth equity, and private equity funds focused on defence and dual-use technologies. In addition, BDC has increased its direct investment vehicle, the StrongNorth Fund,