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.

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

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

Strong leadership

The Kensington venture capital team has the experience and perspective required to build real value in this sector from our base in Canada. Our history of industry leadership and active investment has brought us an invaluable network of enduring business partners across the VC sector.

Advisory mandates

Kensington also undertakes advisory mandates for institutional investors seeking advice and due diligence on their own venture capital investments. Among our many advisory clients, we are proud to have assisted the B.C. Renaissance Capital Fund in the development of their investment program in 2007 and again in 2009, evaluating approximately 30 applicant VC funds from across North America.

Venture capital funds

Kensington Venture Fund

Operated by Genalta Power
$306 Million
2016

Portfolio highlights : Direct investments

Galloway

Operated by Genalta Power
Waste Gas
4.0 MW

Cadotte I

Operated by Genalta Power
Waste Gas
3.0 MW

Cadotte II

Operated by Genalta Power
Waste Gas
1.0 MW

Portfolio highlights: Fund Investments

Galloway

Operated by Genalta Power
Waste Gas
4.0 MW

Cadotte I

Operated by Genalta Power
Waste Gas
3.0 MW

Cadotte II

Operated by Genalta Power
Waste Gas
1.0 MW