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Cymat Announces Completion Of $1.2 M Private Placement Financing

PRIVATEOct 13, 2023

Amount Raised

$1.2 Million

Round Type

Seed

MississaugaManufacturing

Investors

TSX Venture ExchangeCymat

Description

Cymat Technologies Ltd. (TSXV: CYM) (OTCQB: CYMHF) (the "Company" or "Cymat"). Today Cymat announced that it has completed a non-brokered private placement of equity Units (the "Offering"), raising gross proceeds of $1,190,150.

Quick answer

Cymat Technologies Ltd raised $1.2 Million in a Seed round, dated October 13, 2023. Investors: TSX Venture Exchange and Cymat. Cymat Technologies Ltd is based in Mississauga, Ontario, Canada.

How much did Cymat Technologies Ltd raise?
Cymat Technologies Ltd raised $1.2 Million in a Seed round on October 13, 2023.
Who invested in Cymat Technologies Ltd?
TSX Venture Exchange and Cymat are named as investors in this round.
What does Cymat Technologies Ltd do?
Cymat Technologies Ltd. has the global rights to manufacture and sell Stabilized Aluminum Foam (SAF), a unique, ultra-light, cellular metallic material.
Where is Cymat Technologies Ltd based and how big is it?
Cymat Technologies Ltd is based in Mississauga, Ontario, Canada.
Who are the decision-makers at Cymat Technologies Ltd?
Fundz holds 1 contact at Cymat Technologies Ltd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Cymat Technologies Ltd that raised within 45 days of this round, from Fundz verified event records.

  • QuantumDiamonds raised $7.7M (Funding Round) on November 27, 2023.
  • ZeroAvia raised $116M (Series C) on November 27, 2023.
  • Advanced Electric Machines raised $29M (Funding Round) on November 24, 2023.
  • Factbird raised $16M (Funding Round) on November 24, 2023.
  • EXACT Technology Corporation raised an undisclosed amount (Funding Round) on November 23, 2023.
  • Charging Robotics raised an undisclosed amount (Funding Round) on November 22, 2023.

Who to call at Cymat Technologies Ltd, and when

A new round usually means Cymat Technologies Ltd is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Cymat Technologies Ltd

Location

Mississauga, Ontario, Canada

About

Cymat Technologies Ltd. has the global rights to manufacture and sell Stabilized Aluminum Foam (SAF), a unique, ultra-light, cellular metallic material. The proprietary production process involves the injection of gases through alloyed aluminum infused with ceramic particles. This advanced material has customizable density and dimensions, along with unique mechanical and thermal properties. Cymat utilizes SAF in various industries, including automotive and military.

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Cymat Technologies Ltd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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