RBC Launches $1.4 Billion RBCx Growth Fund for Canadian Tech Scale-Ups
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Toronto – September 12, 2026 -- RBC has unveiled a $1.4 billion (US$1 billion) initiative to back Canadian technology companies aiming to scale into global leaders, anchored by a new direct-equity vehicle called the RBCx Growth Fund I.
RBC commits up to $416 million of its own capital to the fund
RBC will invest up to $416 million (US$300 million) directly into the fund, which targets late-stage Canadian companies in energy, agriculture, AI, healthcare and frontier technologies. Beyond capital, portfolio companies gain access to RBC's commercialization networks, strategic partnerships and expansion support.