Nanoprecise Sci Corp Raises USD $10 Million in Series B Investment

January 10, 2023

On January 10, 2023, Nanoprecise Sci Corp, an AI-based Condition Monitoring & Predictive Maintenance Solution provider announced that they 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.

EDC is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad.

Miller Thomson advised Nanoprecise Sci Corp. with a team led by Wayne Logan (IP/IT) and comprised of Rhea Solis, John-David D’Souza (Corporate/M&A), Karen Durell, Alissa Ricioppo (IP/IT), John Batzel (L&E) and Ali Memon (Financial Services).