# Who Invests With National Bank of Canada: 24 Co-Investors (2026)

> The 24 investors that have backed two or more of the same startups as National Bank of Canada, by kind: vc firms, corporate investors and government funds.

Source: https://millionrounds.com/portfolio-maps/national-bank-of-canada-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

17

- [CIBC](https://millionrounds.com/fund/cibc)
- [*IQ* Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2)
- [*MB* MUFG Bank](https://millionrounds.com/fund/mufg-bank)
- [La Caisse](https://millionrounds.com/fund/la-caisse)
- [Centech](https://millionrounds.com/fund/centech)
- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital)
- [Santander](https://millionrounds.com/fund/santander)
- [Portage Ventures](https://millionrounds.com/fund/portage-vc)
- [8VC](https://millionrounds.com/fund/8vc)
- [Tether](https://millionrounds.com/fund/tether)
- [Geodesic Capital](https://millionrounds.com/fund/geodesic-capital)
- [Cross Creek](https://millionrounds.com/fund/cross-creek)
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy)
- [*P* Portag3](https://millionrounds.com/fund/portag3)
- [SVB Capital](https://millionrounds.com/fund/svb-capital)
- [First Citizens Bank](https://millionrounds.com/fund/first-citizens-bank)

## Corporate investors

4

- [Bank of Montreal (BMO)](https://millionrounds.com/fund/bmo-financial-group)
- [Societe Generale](https://millionrounds.com/fund/societe-generale-2)
- [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank)
- [Coinbase Ventures](https://millionrounds.com/fund/coinbase)

## Government funds

3

- [Export Development Canada](https://millionrounds.com/fund/export-development-canada)
- [Desjardins Venture Capital](https://millionrounds.com/fund/desjardins-venture-capital)
- [Government of Canada](https://millionrounds.com/fund/government-of-canada)

## Segment by segment

### VC firms

17 investors

- [**CIBC**](https://millionrounds.com/fund/cibc) VC firm Canada 5 backed
- [*IQ* **Investissement Quebec**](https://millionrounds.com/fund/investissement-quebec-2) Investment firm - 5 backed
- [*MB* **MUFG Bank**](https://millionrounds.com/fund/mufg-bank) Investment firm - 4 backed
- [**La Caisse**](https://millionrounds.com/fund/la-caisse) Investment firm - 4 backed
- [**Centech**](https://millionrounds.com/fund/centech) VC firm Canada 4 backed
- [**BDC Capital**](https://millionrounds.com/fund/bdc-venture-capital) VC firm Canada 4 backed
- [**Santander**](https://millionrounds.com/fund/santander) VC firm United Kingdom 4 backed
- [**Portage Ventures**](https://millionrounds.com/fund/portage-vc) VC firm Canada 3 backed

### Corporate investors

4 investors

- [**Bank of Montreal (BMO)**](https://millionrounds.com/fund/bmo-financial-group) Corporate investor Canada 9 backed
- [**Societe Generale**](https://millionrounds.com/fund/societe-generale-2) Corporate investor France 2 backed
- [**Deutsche Bank**](https://millionrounds.com/fund/deutsche-bank) Corporate investor Germany 2 backed
- [**Coinbase Ventures**](https://millionrounds.com/fund/coinbase) Corporate investor United States 2 backed

### Government funds

3 investors

- [**Export Development Canada**](https://millionrounds.com/fund/export-development-canada) Government fund Canada 5 backed
- [**Desjardins Venture Capital**](https://millionrounds.com/fund/desjardins-venture-capital) Government fund Canada 3 backed
- [**Government of Canada**](https://millionrounds.com/fund/government-of-canada) Government fund Canada 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as National Bank of Canada, in rounds we track. Grouped by kind, each ranked by how many startups it shares with National Bank of Canada. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **National Bank of Canada portfolio map** 42 startups · $13B](https://millionrounds.com/portfolio-maps/national-bank-of-canada-portfolio-map)[Sector portfolio **National Bank of Canada's Fintech portfolio** 10 startups · $1.2B](https://millionrounds.com/portfolio-maps/national-bank-of-canada-fintech-portfolio)[Co-investors **Who invests with Y Combinator** 1,812 co-investors](https://millionrounds.com/portfolio-maps/y-combinator-co-investors)[Co-investors **Who invests with 500 Global** 996 co-investors](https://millionrounds.com/portfolio-maps/500-startups-co-investors)[Co-investors **Who invests with Techstars** 991 co-investors](https://millionrounds.com/portfolio-maps/techstars-co-investors)[Co-investors **Who invests with SV Angel** 988 co-investors](https://millionrounds.com/portfolio-maps/sv-angel-co-investors)

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