Venture Capital

Kensington has been an active investor in venture capital since the launch of the firm in 1996, with strong links into Silicon Valley and across Canada.

Kensington is currently investing from two active venture capital funds: the Kensington Venture Fund and the BC Tech Fund. In addition, the Kensington Private Equity Fund includes venture capital investments as part of its strategy.

The Kensington Venture Fund was launched in 2014 and has a total size of $306 million. This Fund was established under the Venture Capital Action Plan (VCAP) of the Government of Canada, with a strategy to invest in venture capital funds and make direct investments in emerging technology companies.

The BC Tech Fund was launched in 2016 with $100 million in commitments from the Government of British Columbia. This Fund has a strategy to invest in venture capital funds and make direct investments in emerging technology companies, all located in British Columbia. Please click here for additional information on the BC Tech Fund.

Investment strategy

Kensington pursues a hybrid investment strategy that consists of direct investments in emerging technology companies and investments into venture capital funds. Our focus is on information and communications technology, digital media, energy technology and clean tech, as well as life science/healthcare, in Canada and the United States. We manage a diversified portfolio that includes investments from early stage A-rounds through late stage growth equity.

Venture capital funds

Venture capital funds

Kensington Venture Fund

$306 Million
2014

Closed to New Investors

BC Tech Fund

$100 Million
2016

Kensington
Portfolio highlights : Direct investments

Exit

Sold to Experian plc in 2013

Exit

Sold to GE Digital in 2016

IPO

IPO in 2017 (TSE: REAL)

IPO

IPO in 2017 (TSE: REAL)

Portfolio highlights: Fund Investments