# British Columbia Discovery Fund

> British Columbia Discovery Fund is a VC fund backing Manufacturing and Film. See 6 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Vancouver, Canada
- Total investments: 6
- Last investment: Oct 2012
- Lead investor: 33%
- Last updated: Aug 2026
- X (Twitter): http://twitter.com/BCDiscoveryFund
- Website: http://www.bcdiscoveryfund.com

British Columbia Discovery Fund is a VC fund in Vancouver focused on Manufacturing and Film. British Columbia Discovery Fund (VCC) Inc. ("BC Discovery Fund," "BCDF" or the "Fund") is a diversified venture capital investment fund which allows investors to participate in the emerging technology industry in British Columbia. The Fund issues its shares under the Venture Capital Corporation (VCC) program, a BCgovernment initiative to promote economic diversification and investment in small businesses, including technology ventures. In addition to enabling participation in innovative, local companies, BC Discovery Fund provides retail investors access to private venture capital investment opportunities, which are often only accessible to institutional shareholders and "angel" investors.Eligible individual investors in the Fund receive a tax credit equal to 30% of the amount invested, to a maximum of a $60,000 tax credit per annum. The tax credit on investments into the Fund during the first 60 days of the year can be carried back and applied against the prior year's taxes payable. To the extent that the amount of the tax credit exceeds an individual's British Columbia taxes otherwise payable, the individual is entitled to a refund of the difference. Shares in the Fund are eligible for RRSPs, RRIFs and RESPs. The tax credit is also available to B.C. corporations to reduce B.C. taxes payable.

## Contacts

5 contacts available for British Columbia Discovery Fund. Shizune tracks 1 team members at British Columbia Discovery Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/british-columbia-discovery-funding?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $1.4M–$5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 2 | 33% |
| Film | 1 | 17% |
| Video | 1 | 17% |
| Hardware | 1 | 17% |
| Security | 1 | 17% |

13 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 2 | 33% |
| Funding Round | 2 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Harry Jaako | President | 0 | https://shizune.co/investors/profile/harry-jaako-2 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| D-Wave Quantum | D-Wave Quantum develops quantum computing systems, software, and cloud-based services for commercial, government, and research organizations. The company provides both annealing and gate-model quantum computing technologies, along with application development tools, hybrid solvers, and cloud access that support the development and deployment ofquantum applications. Its technologies are used to address computational challenges in areas such as optimization, materials science, artificial intelligence, logistics, manufacturing, financial services, and scientific research. The company also offers professional services and software development tools that help organizations integrate quantum computing into existing workflows. Through its combination of hardware, software, and cloud services, D-Wave Quantum supports the development and execution of quantum computing applications across a range of industries. | $30M |  | Oct 04, 2012 |  |
| Rx Networks | Rx Networks is an assisted GPS technology and global services company.Their GPStream framework of assisted GPS solutions, from advanced assistance data streaming services to an integrated suite of mobile software components, is designed to help mobile operators, device manufacturers and GPS chipset vendors deliver a "Click’n Go"user experience for any GPS device, anytime and anywhere.The company was incorporated as Williwaw Networks, Inc. in 2002 and later changed its name to Rx Networks, Inc. in 2005. The company is headquartered in Vancouver, Canada. | $1.4M | Series A | Dec 16, 2008 |  |
| Avigilon Corporation | Avigilon is a motorola solutions company provides trusted security solutions to the global market. Avigilon designs, develops, and manufactures video analytics, network video management software and hardware, surveillance cameras, and access control solutions. Avigilon's solutions have been installed at thousands of customer sites, includingschool campuses, transportation systems, healthcare centers, public venues, critical infrastructure, prisons, factories, casinos, airports, financial institutions, government facilities, and retailers.Avigilon systems protect and monitor various locations worldwide including major corporations, government institutions, stadiums, retail environments, casinos, critical infrastructure, transportation stations, and more, providing the best evidence possible. | $7.5M |  | Jun 27, 2008 |  |
| MovieSet | MovieSet brings the authentic behind the scenes experience of working on a film set directly online to fans. Follow the creation of movies from development through production, right up to their release and beyond. Keep track of the latest movie news, watch exclusive video and read blogs from the movie's creators. | $5M | Series A | Jun 10, 2008 |  |
| Tantalus Systems | Tantalus provides Smart Grid communications solutions for Advanced Metering, Demand Response & Distribution Automation. TUNet® – the Tantalus Utility Network – is a rapid & reliable two-way network that enables electric, water & gas distributors to automate processes, improve business operations and deliver top-tier customerservice. TUNet is deployed at utilities determined to manage resources intelligently and meet ambitious conservation goals. | $8.1M |  | Dec 08, 2005 |  |
| Inimex Pharmaceuticals | Inimex Pharmaceuticals, Inc. is a clinical stage company focused on the development and commercialization of Innate Defense Regulators (IDRs), novel first in class drugs that selectively trigger the body's innate defenses without causing inflammation. | $1.6M | Series A | Dec 08, 2004 |  |

6 of 6 investments shown.

## Co-investors
- [GrowthWorks Capital](https://shizune.co/investors/profile/growthworks) — VC Fund, 2 deals together
- [Altira Group](https://shizune.co/investors/profile/altira-group) — VC Fund, 1 deal together
- [Voxx Electronics](https://shizune.co/investors/profile/audiovox-canada) — VC Fund, 1 deal together
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund, 1 deal together
- [Bezos Expeditions](https://shizune.co/investors/profile/bezos-expeditions) — VC Fund, 1 deal together
- [Business Development Bank of Canada](https://shizune.co/investors/profile/business-development-bank-of-canada) — VC Fund, 1 deal together

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### Similar country
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## Featured in investor lists
- [Film Investors in Canada](https://shizune.co/investors/film-investors-canada)
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## FAQ

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

British Columbia Discovery Fund invests primarily in Manufacturing, Film and Video startups, most often at Series A and Funding Round stage. Most of the 6 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is British Columbia Discovery Fund's check size?

British Columbia Discovery Fund typically joins rounds of $1.4M–$5M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds British Columbia Discovery Fund participates in.

### How do I contact British Columbia Discovery Fund?

Public channels for British Columbia Discovery Fund include X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at British Columbia Discovery Fund?

The team at British Columbia Discovery Fund includes Harry Jaako (President). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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