# Pacific Economic Development Canada

> Pacific Economic Development Canada is a VC fund backing Non Profit and Manufacturing. See 181 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 181
- Last investment: Aug 2026
- Lead investor: 98%
- Last updated: Aug 2026
- Website: https://www.canada.ca/en/pacific-economic-development.html

Pacific Economic Development Canada is a VC fund focused on Non Profit and Manufacturing. Pacific Economic Development Canada is the regional development agency focused on British Columbia’s evolving economy.

## Round sizes

| Stage | Round size |
| --- | --- |
| Grant | $100k–$3.6M |
| Debt Financing | $636k–$3.4M |
| Venture - Series Unknown | $2M–$4.9M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Non Profit | 31 | 17% |
| Manufacturing | 25 | 14% |
| Health Care | 10 | 6% |
| Education | 9 | 5% |
| Consulting | 9 | 5% |

215 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 157 | 87% |
| Debt Financing | 6 | 3% |
| Venture - Series Unknown | 2 | 1% |
| Series A | 1 | 1% |
| Non-equity Assistance | 1 | 1% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 155 | 86% |
| United States | 3 | 2% |
| Spain | 1 | 1% |
| Colombia | 1 | 1% |
| United Kingdom | 1 | 1% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Accelovant | We produce fiber-optic measurement solutions with a vertically integrated approach that combines materials science mastery with design expertise.Accelovant’s flagship product: a fiber-optic solid state contact temperature sensor developed for semiconductor, industrial, and scientific measurement applications. Because fiber-optic sensors use lightenergy instead of electrical energy, they can be used in harsh environments where traditional technologies fail.Accelovant was founded with a vision to reimagine the fundamental material science that underpins fiber-optic sensor reliability, cost, and performance. Accelovant’s goal is to improve your yield and thermal performance by developing new material systems that can push boundaries and create new frontiers in fiber-optic science. Accelovant’s products increase performance and reliability, and reduce cost-per-measurement channel and inventory cost. | $709.9K | Grant | Aug 10, 2026 |  |
| Grin Technologies | Grin Technologies is a product design and R&D company that manufactures electric bikes. | $203.2K | Grant | Aug 10, 2026 |  |
| Atome Bakery | Atome Bakery is a food processing company that sells bread and pastries. | $349.6K | Grant | Aug 10, 2026 |  |
| Jastram Engineering | Jastram Engineering designs and provides steering systems for all types and sizes of vessels. They provide a single station with manual hydraulic steering, electronically synchronized rudders with multiple steering stations, and an interface for dynamic positioning systems. Their products include helm pumps, jog lever, lever controllers, electricwheel, digital wheel, and digital helm. | $225K | Grant | Aug 10, 2026 |  |
| Canadian Bavarian Millwork and Lumber | Canadian Bavarian Millwork and Lumber manufactures and supplies lumber, moldings, flooring, timbers, and architectural products. | $717.1K | Grant | Aug 10, 2026 |  |
| BC Shellfish Growers Association | BC Shellfish Growers Association focuses on promoting sustainable development in the BC shellfish industry through effective communication and advocacy efforts. | $260.9K | Grant | Aug 10, 2026 |  |
| Dynamic Fenestration | Dynamic Fenestration is a designer & builder of custom wood and metal windows and doors. The firm's process starts from designing to installing the product. The company's manufacturing plant utilizes a combination of computer-operated machinery and manpower to compress lead times and enhance accuracy. | $394.4K | Grant | Aug 10, 2026 |  |
| Clearview Horticultural Products | Clearview specializes in producing clematis and vines, offering a wide range of plant varieties,It sources plant genetics from around the world and develops new varieties through its own breeding program,The company focuses on cultivating and introducing innovative clematis and vine varieties. | $280.4K | Grant | Aug 10, 2026 |  |
| BC Wood | BC Wood is a non-profit organization that supports wood manufacturers in the field of marketing programs, tradeshows, events and networking. | $3.8M | Grant | Aug 10, 2026 |  |
| Hemlock | Hemlock is a commercial offset company that offers marketing material, catalogs, magazines, books, posters and annual reports. | $717.1K | Grant | Aug 10, 2026 |  |

10 of 181 investments shown.

## Co-investors
- [Alacrity Canada](https://shizune.co/investors/profile/alacrity-canada) — VC Fund, 1 deal together
- [Antares Ventures](https://shizune.co/investors/profile/antares-ventures) — VC Fund, 1 deal together
- [Baker Hughes](https://shizune.co/investors/profile/baker-hughes) — VC Fund, 1 deal together
- [Breakthrough Energy Solutions Canada](https://shizune.co/investors/profile/breakthrough-energy-solutions-canada) — VC Fund, 1 deal together
- [British Columbia Innovative Clean Energy Fund](https://shizune.co/investors/profile/british-columbia-innovative-clean-energy-fund) — VC Fund, 1 deal together
- [DTN Ventures](https://shizune.co/investors/profile/dtn-ventures) — VC Fund, 1 deal together

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## Featured in investor lists
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## FAQ

### What does Pacific Economic Development Canada invest in?

Pacific Economic Development Canada invests primarily in Non Profit, Manufacturing and Health Care startups, most often at Grant and Debt Financing stage. Most of the 181 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Pacific Economic Development Canada's check size?

Pacific Economic Development Canada typically joins rounds of $100k–$3.6M at Grant, $636k–$3.4M at Debt Financing and $2M–$4.9M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Pacific Economic Development Canada participates in.

### When did Pacific Economic Development Canada last invest?

The most recent investment recorded for Pacific Economic Development Canada closed in Aug 2026. Shizune tracks 181 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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