Congratulations to Nanoprecise Sci Corp on closing their US$38M Series C funding! As industries accelerate their digital transformation journey Sunil Vedula, Prashant Verma and their team deliver a scalable, high-impact solution that simultaneously drives operational reliability and sustainability outcomes. ? We are proud to co-lead this investment alongside Yaletown Partners, with participation from Export Development Canada | Exportation et développement Canada and BMO Capital Partners, in a company that perfectly aligns with our mission to support the next generation of global Canadian technology leaders. ? "Nanoprecise's strength lies in their diverse approach - both in terms of the global markets they serve and their team composition. This diversity, combined with their innovative use of LLM models to generate synthetic data, positions them to outperform much larger competitors in both accuracy of insights and cost-effectiveness of their solution," said Erin Sheets (Basarsky) C.A./CPA, Partner at BDC's Industrial Innovation Fund.
Maintenance isn’t just about avoiding failure anymore. It’s about foresight. We’re proud to share that Nanoprecise has secured $38M in Series C funding - a combined equity and debt round led by Yaletown Partners, BDC Capital, Export Development Canada | Exportation et développement Canada, BMO Capital Partners, and CIBC Innovation Banking. This milestone marks more than capital - it reflects conviction: ?● That Energy-Centered Maintenance (ECM) is the future ?● That AI diagnostics must explain, guide, and enable real action ?● That teams deserve tools to move from reactive to strategic With triple digit growth in 2024, we’re scaling fast - bringing Condition Intelligence and Agentic AI to the heart of industrial operations worldwide. Read the full announcement: https://lnkd.in/gUgKw7Vt Smarter maintenance. Fewer surprises. Greater impact. #SeriesC #FundingAnnouncement #IndustrialAI #ECM #ConditionIntelligence #PredictiveMaintenance #AgenticAI #Nanoprecise