Business Development Bank of Canada cybersecurity investments

Business Development Bank of Canada is named in 5 cybersecurity funding rounds on record since 2022, mostly seed and Series A rounds. It backs IAM vendors most often.

5rounds

$20.1mtotal disclosed size of those rounds

4categories

2026latest round

Rounds

Date	Deal	Category	Amount	Source
May 2026	Lastwall raised a Series A roundInvestor Business Development Bank of Canada	IAM, Identity and access management	$16m	Report on the Lastwall funding round of May 2026 (opens in a new tab)via Security, Funded (opens in a new tab)
April 2025	GlitchSecure raised a seed roundInvestor Business Development Bank of Canada	BAS, Breach and attack simulation	$1.4m	Report on the GlitchSecure funding round of April 2025 (opens in a new tab)via Security, Funded (opens in a new tab)
March 2025	Styx Intelligence raised a seed roundInvestor Business Development Bank of Canada	Threat intel, Threat intelligence	$2.7m	Report on the Styx Intelligence funding round of March 2025 (opens in a new tab)via Security, Funded (opens in a new tab)
August 2023	TechJutsu received a grantInvestors Business Development Bank of Canada and Startupfest	IAM, Identity and access management	Undisclosed	Report on the TechJutsu funding round of August 2023 (opens in a new tab)
August 2023	ORNA received a grantInvestors Business Development Bank of Canada and Startupfest	SOAR, SOAR and security automation	Undisclosed	Report on the ORNA funding round of August 2023 (opens in a new tab)