Tech Company Financing Transactions
Nanoprecise Sci Funding Round
Export Development Canada, EC Mergers & Acquisitions and Honeywell Venture Capital participated in a $10 million Series B funding round for Nanoprecise Sci. The round was announced on 1/10/2023.
Transaction Overview
Company Name
Announced On
1/10/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the international deployment of its solutions.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Suite #122 -- Advanced Technology Centre 9650 20 Avenue, Edmo
Alberta, T6N 1G1
CA
Alberta, T6N 1G1
CA
Phone
Website
Email Address
Overview
Nanoprecise's predictive maintenance solutions work towards achieving productive results from day one with a combination of AI + IoT + LTE driven seamless monitoring, advanced sensors, and prescriptive diagnostics. We implement state of the art scalable technology to monitor the equipment health to eliminate unplanned downtime that costs around 100 Bn. $ per year on the Global Economy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sunil Vedula
Chief Financial Officer
Daniel Malik
Co-Founder
Prashant Verma
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