e2ip technologies, a Montreal, Canada-based global printed electronics and embedded system technologies innovation leader of the Human Machine Interface (HMI) and Industrial Internet of Things (IIoT) sectors, raised $120M in Growth funding.
The round was co-led by Export Development Canada (EDC) and McRock Capital with existing investor Investissement Québec, who more than doubles its position, and new investor DNA Fund. The round was also supported by National Bank of Canada (BNC).
The company intends to use the funds to expand its embedded systems capabilities in its existing high-volume facility in Casablanca, Morocco. Canadian facilities will additionally be consolidated into a new integrated Manufacturing-R&D facility in Montreal by the end of 2024, which will house e2ip’s new head office.
Led by CEO Eric Saint-Jacques, CEO, e2ip technologies develops technologies and products that focus on how people interact with the physical world through innovations in printed electronics, materials science, advanced manufacturing processes, and the development of integrated touchscreen systems. From conception to production, the company operates between technology and design to provide innovative technologies, products and solutions of Human Machine Interface (HMI), Industrial Internet of Things (IIoT) and Smart Structural Surface to the global market in the aerospace, medical, industrial, transportation and household appliances sectors.
FinSMEs
26/04/2023