# RBC Capital Markets

> RBC Capital Markets is a VC fund in Albany backing Energy and Software. See 103 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Albany, United States
- Total investments: 103
- Last investment: Jul 2026
- Lead investor: 53%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/rbc-capital-markets
- X (Twitter): https://www.twitter.com/rbc
- Website: http://www.rbccm.com

RBC Capital Markets is A Premier Investment Bank that provides a focused set of products and services to institutions, corporations, governments and high net worth clients in 160 countries. With nearly 3,000 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asiaand Australasia, the UK and Europe and in every major North American city. According to Bloomberg, we are consistently ranked among the top 15 global investment banks.We are part of a leading provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC has more than US$612 billion in assets and one of the highest credit ratings of any financial institution - Moody's Aaa and Standard & Poor's AA-.

## Contacts

5 contacts available for RBC Capital Markets. Shizune tracks 12 team members at RBC Capital Markets. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/rbc-capital-markets?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Post-IPO Debt | $64M–$1.2B |
| Debt Financing | $1.1M–$500M |
| Post-IPO Equity | $21M–$400M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 13 | 13% |
| Software | 10 | 10% |
| Oil and Gas | 9 | 9% |
| Manufacturing | 9 | 9% |
| Mining | 8 | 8% |

123 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Equity | 21 | 20% |
| Post-IPO Debt | 20 | 19% |
| Debt Financing | 19 | 18% |
| Series C | 6 | 6% |
| Funding Round | 5 | 5% |

10 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 44 | 43% |
| United States | 29 | 28% |
| United Kingdom | 3 | 3% |
| Australia | 2 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alex Deans | ChangeAgents Ambassador | 0 | https://shizune.co/investors/profile/alex-deans |
| Andrew Foster | Deputy Chair | 0 | https://shizune.co/investors/profile/andrew-foster |
| Bora Lee | Vice President - Communications Infrastructure Equity Research | 0 | https://shizune.co/investors/profile/bora-lee |
| Clinton Lively | Head | 0 | https://shizune.co/investors/profile/clinton-lively |
| John Evans | Senior Associate - Data Intelligence Strategy | 0 | https://shizune.co/investors/profile/john-evans |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Nscale | Nscale is an AI GPU cloud platform that provides scale computing to the generative AI market. It develops AI-ready data centers, deploys GPU infrastructure, and delivers AI cloud services. Its AI private cloud platform supports the entire generative AI lifecycle, enabling developers to run and train AI models. It also provides bare metal andvirtualized GPU nodes, Kubernetes-native services (NKS), AI workload scheduling empowered by SLURM, and advanced serverless and dedicated inferencing options. | $900M | Debt Financing | Jul 07, 2026 |  |
| Terawatt Infrastructure | TeraWatt Infrastructure operates an electric vehicle charging infrastructure for medium and heavy-duty transport and fleets. It also provides property assets, financing, and infrastructure energy management services that serve various industries across the United States.TeraWatt Infrastructure was founded in 2018 and is headquartered in SanFrancisco, California. | $150M | Debt Financing | Jun 24, 2026 |  |
| Payoneer | Payoneer is a financial technology company that enables small and medium-sized enterprises to transact and thrive. |  | Post-IPO Debt | Jun 15, 2026 |  |
| FDH Aero | FDH Aero is a distributor of c-class hardware and replacement parts to commercial and defense aircraft manufacturers, subcontractors, component distributors, and MRO/aftermarket solution providers. |  | Debt Financing | Jun 08, 2026 |  |
| Origis Energy | Origis Energy is a solar development and construction firm that brings clean solar and energy storage solutions. Origis Energy specializes in large-scale solar power projects. They design, build, and operate solar farms that generate clean electricity for utilities, corporations, and communities. Their projects span various stages from initial siteassessment and project development to engineering, procurement, construction (EPC), and long-term operations and maintenance (O&M). | $118M |  | Apr 08, 2026 |  |
| Westgold Resources | Westgold has laid solid foundations to secure growing gold production, which will ensure the companies status as a major player in the Australian Gold Sector.Westgold has commissioned and operates four production facilities in Western Australia, the Murchison Gold Operations, Fortnum Gold Project, Higginsville Gold Operations and the recentlystarted Cue Gold Operations. Once steady state production is achieved in the near future, Westgold will be significant producer with multiple high quality long life projects. | $428.4M | Post-IPO Debt | Mar 11, 2026 |  |
| Galderma |  | $580.6M | Post-IPO Debt | Mar 10, 2026 |  |
| Catalyze | Catalyze is a renewable energy data analytics, development, and asset management platform. Catalyze is a look forward to collaborating with you on commercial and industrial renewable energy projects whether for development, investment, or partnership. |  |  | Jan 26, 2026 |  |
| Mini Mall Storage | Mini Mall Storage offers self-storage facilities and solutions. | $468.9M | Debt Financing | Jan 20, 2026 |  |
| Avenue Living Asset Management | Avenue Living Asset Management is a vertically integrated real estate owner and operator that specializes in acquiring, enhancing, and managing a diversified portfolio that includes multi-family residential units, self-storage facilities, farmland, and commercial properties. Its investment strategy focuses on identifying opportunities othersoverlook, particularly underperforming assets, and stabilizing them through hands-on management and value-add initiatives. | $288.2M | Debt Financing | Jan 12, 2026 |  |

10 of 103 investments shown.

## Co-investors
- [TD Securities](https://shizune.co/investors/profile/td-securities) — VC Fund, 32 deals together
- [BMO Capital Markets](https://shizune.co/investors/profile/bmo-capital-markets-corp) — VC Fund, 21 deals together
- [CIBC World Markets](https://shizune.co/investors/profile/cibc-world-markets) — VC Fund, 19 deals together
- [Paradigm Capital](https://shizune.co/investors/profile/paradigm-capital) — VC Fund, 16 deals together
- [Canaccord Genuity Group](https://shizune.co/investors/profile/canaccord-genuity-corp) — VC Fund, 14 deals together
- [Raymond James](https://shizune.co/investors/profile/raymond-james) — VC Fund, 14 deals together

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## FAQ

### What does RBC Capital Markets invest in?

RBC Capital Markets invests primarily in Energy, Software and Oil and Gas startups, most often at Post-IPO Equity and Post-IPO Debt stage. Most of the 103 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is RBC Capital Markets's check size?

RBC Capital Markets typically joins rounds of $64M–$1.2B at Post-IPO Debt, $1.1M–$500M at Debt Financing and $21M–$400M at Post-IPO Equity. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds RBC Capital Markets participates in.

### How do I contact RBC Capital Markets?

Public channels for RBC Capital Markets 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 RBC Capital Markets?

The team at RBC Capital Markets includes Alex Deans (ChangeAgents Ambassador), Andrew Foster (Deputy Chair) and Bora Lee (Vice President - Communications Infrastructure Equity Research), among 12 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.

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