Nanoprecise Sci Corp Raises Usd $10 Million In Series B Investment

Jan 10, 2023•almost 3 years ago

Amount Raised

$10 Million

Round Type

series b

EdmontonSoftwareMachine Learning

Investors

Ec Mergers & AcquisitionsNsk Ltd.Honeywell VenturesExport Development Canada

Description

Nanoprecise Sci Corp, an AI-based Condition Monitoring & Prescriptive Maintenance Solution provider raised USD $10 million in series B investment from 4 new investors. The round was led by Export Development Canada (EDC), with participation from Honeywell Ventures, NSK Ltd., and EC Mergers & Acquisitions.

Company Information

Company

Nanoprecise

Location

20 Avenue

Edmonton, England, United Kingdom

About

Nanoprecise Sci Corp is an AI-powered energy centered predictive maintenance solution combining IoT sensor technology with artificial intelligence and machine learning to improve efficiency of machines and contribute to sustainability.

Related People

3 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends