Tech Company Financing Transactions
Eigen Innovations Funding Round
Eigen Innovations, based in Fredericton NB, secured $1.4 million in investment from BDC Venture Capital, New Brunswick Innovation Foundation and private investors.
Transaction Overview
Company Name
Announced On
4/29/2016
Transaction Type
Venture Equity
Amount
$1,400,000
Round
Undisclosed
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
527 Queen St. 130
Fredericton NB, E3B 1B8
Canada
Fredericton NB, E3B 1B8
Canada
Phone
Website
Email Address
Overview
Eigen Innovations Inc. provides software solutions for the industrial Internet. It develops multi-dimensional non-linear software algorithm that leverages information from industrial equipment and based on the algorithm's optimization capability, provides control input into the key devices that operate the manufacturing process.
Management Team
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We record every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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