Tech Company Financing Transactions
Primal Funding Round
Primal, based in Kitchener ON, secured $2.3 million from BDC Venture Capital.
Transaction Overview
Company Name
Announced On
5/17/2018
Transaction Type
Debt
Amount
$2,300,000
Round
Undisclosed
Investors
BDC Venture Capital (Pierre Dubreuil)
Proceeds Purpose
Primal will use the financing to commercialize new applications, pursue strategic partnerships, sign licensing deals, and invest in sales and marketing to drive rapid adoption of Primal's technology.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
305 King St. West 605
Kitchener ON, N2G 1B9
Canada
Kitchener ON, N2G 1B9
Canada
Phone
Website
Email Address
Overview
Primal is an artificial intelligence (AI) company powering the next generation of consumer and enterprise applications that augment human intelligence. Primal has built one of Canada's most significant international AI patent portfolios with 148 patents.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yvan Couture
Browse more venture capital transactions:
Prev: 5/17/2018: Beam Dental venture capital transaction
Next: 5/17/2018: Canopy venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs