BDC Capital
Assembly Line
Acerta Analytics secures $7.82M Series B financing
Acerta Analytics Solutions Inc. has raised US $7.82 million in Series B funding led by BDC Capital Industrial Innovation Venture Fund and Thrive Venture Fund and Lab for Women, with participation of OMERS Ventures and StandUp Ventures.
North Vancouver-Based Robotics Company Novarc Technologies Raises $2.6 Million Growth Financing From BDC Capital
BDC Capital has provided $2.6 million in growth capital to North Vancouver-based robotics company Novarc Technologies through its new intellectual property (IP) Backed Financing Fund. Their cutting-edge Spool Welding Robot (SWR) allows pipe fabrication companies serving the oil & gas, building construction, and shipbuilding industries to be more competitive when bidding on projects by dramatically increasing the productivity and quality of their pipe welding operations.
They will use the proceeds of this transaction to increase the company’s technical capabilities, expand their team with strategic hires across sales, marketing, finance and R&D, as well as support their growth plans.