Updated: July 12, 2026
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Venture Capital Firm
Developer Tools
Enterprise Software

Boreal Ventures Fund II

Canada

Funding raised

C$60M

About the program

Investment stage
Description

C$43M first close on C$60M target. Montreal-based seed fund targeting capital-efficient B2B tech founders across Canada with a commercialization-first thesis. Former Lightspeed Commerce president JD Saint-Martin joins as co-managing partner. Anchored by BDC Capital and Teralys.

Location

Numbers

Total Funding Raised by Alumni
C$60M