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Karl Reckziegel (he/him)

Senior Vice President, Business Development Bank of Canada

Karl Reckziegel is Senior Vice President, Venture Capital. Karl leads all of the direct VC investment teams of BDC Capital, the largest, most active VC investor in the country. With over $3 billion under management, BDC Capital is a strategic partner to Canada’s most
innovative, tech-focused firms.

An engineer by training, Karl has been an active venture investor for more than 25 years, doing his part to help establish Canada in its rightful place on the global technology stage. As a direct investor and board member, he has seen first-hand the challenges and
opportunities technology companies are facing at all stages of their growth and
across different economic cycles.

Over the course of his career with BDC, Karl has been responsible–among other things–for the leadership of the Fund Investments team, as well as leading all aspects of operational management and strategy for BDC Capital.

He previously held positions in engineering and industrial marketing in the resource sector. He can also draw from his early career experience in small business to understand the everyday reality of founders and business owners.

A strategic leader, keen on developing strong team dynamics, Karl is actively involved in the VC innovation ecosystem and is often invited to speak at national and international events. He has a particular interest in advancing diversity and inclusion through his engagement with CVCA and Réseau Capital, where he has worked to develop a set of best
practices for equality, openness, inclusion and mutual respect in the VC

Karl has had the opportunity to have lived and worked from coast to coast in Canada, from St. John’s to Vancouver. He currently lives in Montreal and has three adult children.

He holds a Bachelor of Civil Engineering from the University of New Brunswick and an MBA with a major in Finance from Concordia University.

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