Amplitude Venture Capital is a spinout of BDC Capital's former healthcare investing team that acts more like a company-creation platform than a typical fund, building startups from scratch through its Pre-Amp studio and a fellowship program that recruits PhDs, postdocs, MDs, and inventors to help form new ventures. It organizes its investments around specific Canadian clusters, such as AI/ML in Toronto and Montreal and cellular therapy in Vancouver, and backs a small number of companies with large checks, bringing in partners like Evotec and AltaML and operators like Ali Tehrani to help move ideas from the earliest stages to IPO.