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

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.