# British Columbia Discovery Fund: portfolio, investments and team

> British Columbia Discovery Fund is a vc firm based in Canada. 8 investments on record, latest Aug 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/british-columbia-discovery-fund (Millionrounds; every figure on the page links to its filing or article)

Canada · [Investor](https://millionrounds.com/investors)

# British Columbia Discovery Fund

Last cheque observed Aug 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Venture Series B Advertising Collaborative Consumption

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 8 on record

Since the last cheque **4095** days **00** hrs **00** min **00** sec

Median round **$4.1M** Rounds led **0 of 8** Sole investor **1 rounds** Exits **1 from the portfolio** Mostly in **Canada, 88%**

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## British Columbia Discovery Fund highlights

- 01 8 rounds on record
- 02 Mostly Series A and Venture: 88% of its rounds
- 03 Sole investor in 1 rounds, median $1.5M
- 04 1 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Advertising Collaborative Consumption
- **Based in:** Vancouver, Canada
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **8 appearances**

- **2015** 1 round
- **Aug** **[PHEMI Health Systems](https://millionrounds.com/company/phemi-health-systems)** Series A · CA **$12M** With 3 others
- **2012** 1 round
- **Oct** **[D-Wave Systems](https://millionrounds.com/company/d-wave-systems)** Venture · CA · finsmes.com **$30M** With 9 others
- **2008** 3 rounds
- **Dec** **[Rx Networks](https://millionrounds.com/company/rx-networks)** Series B · CA · finance.yahoo.com **$1.9M** With 2 others
- **Jul** **[MovieSet](https://millionrounds.com/company/movieset)** Series A · CA · venturebeat.com **$1.5M** Sole investor
- **Jun** **[MovieSet](https://millionrounds.com/company/movieset)** Series A · CA · paidcontent.org **$5.0M** With 1 other
- **2007** 1 round
- **Jan** **[Mobidia Technology](https://millionrounds.com/company/mobidia-technology)** Series A · CA **$3.2M** With 2 others
- **2005** 1 round
- **Dec** **[Tantalus Systems](https://millionrounds.com/company/tantalus-systems)** Venture · US · tantalus.com **$8.1M** With 2 others
- **2004** 1 round
- **Dec** **[Inimex Pharmaceuticals](https://millionrounds.com/company/inimex-pharmaceuticals)** Series A · CA **$1.7M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Mobidia Technology](https://millionrounds.com/company/mobidia-technology)** Bought by App Annie **Undisclosed** May 2015

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series A Venture Series B

Median round joined **$4.1M** the round, not its cheque Alone, median **$1.5M**

Led 0 of 8 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Aug 2015
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series A *5*
- Venture *2*
- Series B *1*

Cheques by year Led Joined

2004 2015

Often in the room with

- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 3
- [GrowthWorks](https://millionrounds.com/fund/growthworks) 2

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## Who they invest alongside

The investors most often in the same rounds as British Columbia Discovery Fund. A count of rooms they were both in, not a relationship either has claimed.

[**BDC Capital** VC firm **3** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**GrowthWorks** VC firm **2** rounds together](https://millionrounds.com/fund/growthworks)

## Quick answers about British Columbia Discovery Fund

### What does British Columbia Discovery Fund invest in?

British Columbia Discovery Fund invests most often at Series A and Venture (88% of the rounds on record), in sectors such as Advertising and Collaborative Consumption.

### How active is British Columbia Discovery Fund?

8 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2015.

### How big are British Columbia Discovery Fund's cheques?

The median round it joins is $4.1M.

### Does British Columbia Discovery Fund lead rounds?

Rarely, if at all: none of its 8 investments on record names it as the lead.

### Where does British Columbia Discovery Fund invest?

Most of the companies it backs are in Canada (88%) and the United States (13%).

### Is British Columbia Discovery Fund investing now?

No investments in the last 12 months; the latest was in Aug 2015.

### Who does British Columbia Discovery Fund invest alongside?

Most often BDC Capital (3 rounds together) and GrowthWorks (2 rounds together).

### What kind of investor is British Columbia Discovery Fund?

British Columbia Discovery Fund is a VC firm based in Vancouver, Canada.

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