Quantum AI Report

The convergence of Quantum with AI

Business Development Bank of Canada

BDC (Business Development Bank of Canada) is a Canadian Crown corporation that provides loans, advisory services and venture capital to Canadian businesses; through BDC Capital's Deep Tech Venture Fund it is one of the largest domestic backers of quantum technology startups, with portfolio companies including the photonic computing developer Xanadu. It does not build quantum computers or components itself and publishes no quantum roadmap, but it funds hardware and software firms across the Canadian quantum sector alongside other federal and provincial programs.

AI-written profile · not yet reviewed · 17 September 2026

Headquarters
Montreal, Quebec, Canada
Founded
1944
Status
Private
superconductingphotonic

Coverage

Quantum Computing Report

BDC Deploys $1 Billion Under Sovereign Defence Platform to Capitalize Quantum and Deep-Tech Ecosystems

The Business Development Bank of Canada (BDC) announced a $1 billion capital allocation within its $6 billion Defence Platform at the Canada Investment Summit 2026. The initiative is aimed at supporting quantum computing and other deep-tech ecosystems, with $500 million directed to a BDC Defence Fund for indirect investments through venture capital and private equity funds.

OutlookPlausible

This could begin steering domestic defence-focused venture capital into Canadian quantum startups such as Xanadu or Anyon Systems within the next two years, reducing their dependence on foreign funding for quantum sensing and secure communications work.

otherBusiness Development Bank of Canada