# PenderFund Capital Management

> PenderFund Capital Management is a VC fund backing Software and SaaS. See 23 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Vancouver, Canada
- Total investments: 23
- Last investment: Nov 2025
- Lead investor: 26%
- Last fund: Mar 2019
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/penderfund-capital-management
- X (Twitter): http://twitter.com/Penderfund
- Website: http://www.penderfund.com
- Facebook: https://www.facebook.com/penderfund/

PenderFund Capital Management is an independent, value-based investment firm located in Vancouver, Canada that aims to create value for investors by generating superior risk-adjusted returns.

## Contacts

5 contacts available for PenderFund Capital Management. Shizune tracks 11 team members at PenderFund Capital Management. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/penderfund-capital-management?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 7 | 30% |
| SaaS | 4 | 17% |
| Manufacturing | 3 | 13% |
| Semiconductor | 3 | 13% |
| Enterprise Software | 3 | 13% |

53 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Secondary Market | 8 | 35% |
| Series A | 4 | 17% |
| Funding Round | 4 | 17% |
| Pre-Seed | 1 | 4% |
| Series C | 1 | 4% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 16 | 70% |
| United States | 2 | 9% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Kristina Bergman | Partner | 2 | https://shizune.co/investors/profile/kristina-kerr-bergman |
| David Barr | CEO & Portfolio Manager | 1 | https://shizune.co/investors/profile/david-barr |
| Don Campbell | Company Director and External Legal Counsel, Compliance | 0 | https://shizune.co/investors/profile/don-campbell-2 |
| Eric Tse | Vice President, National Sales Manager | 0 | https://shizune.co/investors/profile/eric-tse |
| Ian Collins | Vice President, Business Development | 0 | https://shizune.co/investors/profile/ian-collins-3 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| General Fusion | General Fusion pursues a commercially oriented path toward fusion energy by developing a magnetized target fusion (MTF) technology. The company applies advances in plasma physics, modern electronics, materials, and compression mechanisms to generate fusion-relevant conditions. It operates a demonstration system, Lawson Machine 26 (LM26), thatinjects magnetized plasma into a liquid metal liner and compresses it using coordinated mechanical pistons to reach high temperatures and pressures. The technology serves as a practical stepping stone toward building a fusion demonstration facility and ultimately delivering fusion-derived electricity to the grid. The approach focuses on closing the gap between demonstration milestones and a deployable power-plant system. | $36.7M | Venture - Series Unknown | Nov 27, 2025 |  |
| General Fusion | General Fusion pursues a commercially oriented path toward fusion energy by developing a magnetized target fusion (MTF) technology. The company applies advances in plasma physics, modern electronics, materials, and compression mechanisms to generate fusion-relevant conditions. It operates a demonstration system, Lawson Machine 26 (LM26), thatinjects magnetized plasma into a liquid metal liner and compresses it using coordinated mechanical pistons to reach high temperatures and pressures. The technology serves as a practical stepping stone toward building a fusion demonstration facility and ultimately delivering fusion-derived electricity to the grid. The approach focuses on closing the gap between demonstration milestones and a deployable power-plant system. | $21.6M | Venture - Series Unknown | Aug 21, 2025 |  |
| General Fusion | General Fusion pursues a commercially oriented path toward fusion energy by developing a magnetized target fusion (MTF) technology. The company applies advances in plasma physics, modern electronics, materials, and compression mechanisms to generate fusion-relevant conditions. It operates a demonstration system, Lawson Machine 26 (LM26), thatinjects magnetized plasma into a liquid metal liner and compresses it using coordinated mechanical pistons to reach high temperatures and pressures. The technology serves as a practical stepping stone toward building a fusion demonstration facility and ultimately delivering fusion-derived electricity to the grid. The approach focuses on closing the gap between demonstration milestones and a deployable power-plant system. | $21.6M | Venture - Series Unknown | Aug 21, 2025 |  |
| WELLSTAR Technologies | WELLSTAR Technologies assists Canadian healthcare providers with our comprehensive knowledge in healthcare technology, clinic operations, and digital transformation. | $35.4M | Series A | Dec 16, 2024 |  |
| Conifex Timber | Conifex and its subsidiaries' primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution. Conifex's lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Conifex has expanded itsoperations to include bioenergy production following the commencement of commercial operations of its power generation facility at Mackenzie, British Columbia. | $18.2M | Post-IPO Debt | Jun 12, 2024 |  |
| Keepe | Keepe is a B2B marketplace for Home Repairs. For property and appliances repairs, there are few speedy and efficient solutions to get the job done. Keepe is revolutionizing the way enterprise companies such as Property Management companies, Home Warranty companies, REITs find qualified technicians, obtain estimates, get the work done and pay forservices.Keepe is currently available in multiple cities in the United States. | $3.6M |  | Jun 30, 2021 |  |
| Keepe | Keepe is a B2B marketplace for Home Repairs. For property and appliances repairs, there are few speedy and efficient solutions to get the job done. Keepe is revolutionizing the way enterprise companies such as Property Management companies, Home Warranty companies, REITs find qualified technicians, obtain estimates, get the work done and pay forservices.Keepe is currently available in multiple cities in the United States. | $3.6M | Series A | Jun 30, 2021 |  |
| Librestream Technologies | Librestream Technologies Inc. develops the operations-driven video collaboration solution for enterprises. With its patented Onsight video collaboration solution, Librestream extends traditional video-conferencing and collaborative services to places previously unreachable by video such as an off-shore oil rig or a manufacturing plant floor.Collaborators across multiple locations can use a combination of Onsight software and camera devices to interact through live video, voice, image sharing and onscreen telestration. Industries as diverse as manufacturing, energy, healthcare, insurance, and government sectors are using Librestream’s Onsight solution to connect their ecosystem of employees, suppliers, and customers. These enterprises achieve cost-efficiencies resulting from accelerated problem resolution, reductions in downtimes and travel, improvements in customer service and increased productivity.To learn more about the company, its products and services, visit the website at www.librestream.com, email information@librestream.com or call 1.800.849.5507 (NA) / +1.204.487.0612 (Intl). | $24M | Series D | Jun 24, 2020 |  |
| Checkfront | With over 4000 customers in 120 countries, Checkfront is an Built on the _Saas_ model, Checkfront is a fully managed solution. It includes automated updates, backups, and industry-leading security on a high speed, highavailability network. | $6.8M | Series A | Mar 09, 2020 |  |
| 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. |  | Secondary Market | Mar 01, 2019 |  |

10 of 23 investments shown.

## Co-investors
- [Alliance of Angels](https://shizune.co/investors/profile/alliance-of-angels) — VC Fund, 2 deals together
- [Ascend](https://shizune.co/investors/profile/ascend-vc) — VC Fund, 2 deals together
- [Chrysalix Venture Capital](https://shizune.co/investors/profile/chrysalix-energy) — VC Fund, 2 deals together
- [Export Development Canada](https://shizune.co/investors/profile/export-development-canada) — VC Fund, 2 deals together
- [Framework Venture Partners](https://shizune.co/investors/profile/framework-venture-partners) — VC Fund, 2 deals together
- [Gaingels](https://shizune.co/investors/profile/gaing) — VC Fund, 2 deals together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund

### Similar stage
- [Salica](https://shizune.co/investors/profile/hambroperksltd) — VC Fund
- [Growth Engine](https://shizune.co/investors/profile/growth-engine-2cd7) — VC Fund
- [Marco Valta](https://shizune.co/investors/profile/marco-valta) — Angel Investor

### Similar country
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund
- [Real Ventures](https://shizune.co/investors/profile/real-ventures) — VC Fund
- [Anges Quebec](https://shizune.co/investors/profile/anges-quebec) — VC Fund

## Featured in investor lists
- [Travel Investors in Canada](https://shizune.co/investors/travel-investors-canada)
- [Travel VC Funds in Canada](https://shizune.co/investors/travel-vc-funds-canada)
- [Hospitality Investors in Canada](https://shizune.co/investors/hospitality-investors-canada)
- [Hospitality VC Funds in Canada](https://shizune.co/investors/hospitality-vc-funds-canada)

## FAQ

### What does PenderFund Capital Management invest in?

PenderFund Capital Management invests primarily in Software, SaaS and Manufacturing startups, most often at Secondary Market and Series A stage. Most of the 23 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact PenderFund Capital Management?

Public channels for PenderFund Capital Management include LinkedIn, 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 PenderFund Capital Management?

The team at PenderFund Capital Management includes Kristina Bergman (Partner), David Barr (CEO & Portfolio Manager) and Don Campbell (Company Director and External Legal Counsel, Compliance), among 11 team members tracked by Shizune. 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co