Track recorded fund announcements, transactions, leadership appointments and strategic developments from DataBane's published research.
Grow Therapy announced on March 4, 2026 that it raised US$150 million in Series D funding, co-led by existing backers TCV and Growth Equity at Goldman Sachs Alternatives. BCI and Menlo Ventures joined as new investors alongside other existing venture backers. Grow Therapy connects patients, therapists and psychiatric care providers and works with payers, employers and health systems to expand behavioral health access. The disclosed amount is the overall round size, not BCI's specific contribution. The announcement supports BCI's participation in growth-stage healthcare technology investments.
BCI, Norges Bank Investment Management and Brookfield announced Northview Energy on March 3, 2026, with equal funding and equity ownership among the three investors. The renewable platform's seed assets comprise 22 contracted wind and solar facilities with approximately 2.3 GW of generating capacity across six US power markets. A separate framework envisages potential future purchases of renewable assets requiring up to US$1.5 billion in equity. The announcement expected an official launch in the second quarter subject to customary approvals, so it should not be mistaken for confirmation of transaction closing.
CPP Investments appointed David Colla global head of Credit Investments effective April 1, 2026, succeeding Andrew Edgell, who would remain as senior adviser. Colla joined in 2010.
CPP Investments disclosed CPP Fund net assets of C$780.7 billion at December 31, 2025, rather than the C$714.43 billion presently shown for that date in the live AUM database.
CPP Investments agreed to purchase a 50% stake in Peru's Inkia Energy alongside an I Squared-managed continuation vehicle at US$3.4 billion total enterprise valuation.
The AI investment landscape resembles a gold rush The current AI investment landscape resembles a gold rush, with capital flooding into anything remotely connected to artificial intelligence, driving significant valuation uplift. Pre-revenue startups command valuations historically reserved for mature, profitable companies, while public markets exhibit exuberance with double-digit stock price percentage moves triggered by AI-related news. Certain parallels exist between today’s AI boom and the dot-com era: transformative technologies with grand visions, massive capital deployment, and fierce competition for talent. However, today’s AI era differs in critical ways: higher barriers to entry, established infrastructure, and more immediate productivity benefits provide a different foundation than the dot-com boom. Perhaps most critically, unlike the dot-com era’s cash-burning startups with unproven business models, many of today’s AI leaders generate cash flows and operate profitable core businesses. This fundamental difference provides a financial cushion that reduces systemic risk. The key question for investors and…
CPP Investments announced an equity investment in a U.S. medical outpatient building strategy with IRA Capital, with US$143 million of CPP equity allocation and a 47.5% venture interest.
BCI announced on January 22, 2026 that Jon Salon would become Executive Vice President and Global Head of Private Equity effective February 2, 2026. Salon replaced Jim Pittman, who was scheduled to depart at the end of January after leading the portfolio since 2016. Salon joined BCI in June 2024 as Senior Managing Director and Global Head of Healthcare, subsequently assuming additional responsibility for venture and growth investing. The appointment places Salon in charge of BCI's global private equity program, including portfolio construction, regional priorities, manager relationships and direct-investment execution.
CPP Investments committed an additional C$750 million to the Canadian mid-market program managed by Northleaf, bringing cumulative commitments to more than C$3 billion, without a newly specified individual fund.
As government contracting teams face growing pressure to deliver more with fewer resources, GovDash, the AI-powered platform transforming how companies win, manage, and deliver government contracts, announced today that it has raised $30M in an oversubscribed Series B round. The financing was led by Mucker Capital and British Columbia Investment Management Corporation (BCI), with participation from existing investors Northzone and Y Combinator.
Photonic Inc., a global leader in distributed quantum computing, announced today that it has raised $180M CAD ($130M USD) in the first close of its latest investment round, led by Planet First Partners, with participation from new investors Royal Bank of Canada (RBC), TELUS, and others. This significant raise underscores strong investor confidence and the company’s rapid growth. Existing investors – including BCI and Microsoft – also returned for this round, bringing the total raised by the company to $375M CAD ($271M USD)
The announced venture assigned CPP Investments a 90% interest and C$1 billion of equity commitments, with Dream Industrial and Dream Asset Management. C$3 billion was expected leveraged acquisition capacity.
CPP Investments and IndoSpace disclosed that their IndoSpace Core venture acquired six logistics parks for INR30 billion; CPPIB would fund INR14 billion and held 93% of the venture.
CPP Investments disclosed CPP Fund net assets of C$777.5 billion as of September 30, 2025, and several named external-fund commitments; this is net assets, not assumed total AUM.
