Tech Company Financing Transactions
e2ip Technologies Funding Round
e2ip Technologies closed a $120 million financing round on 4/26/2023. Investors included Export Development Canada, McRock Capital and DNA Capital.
Transaction Overview
Company Name
Announced On
4/26/2023
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Undisclosed
Investors
Export Development Canada (Lead Investor)
McRock Capital (Lead Investor)
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
750 Marcel-Laurin 375
St-Laurent Qc, H4M 2M4
CA
St-Laurent Qc, H4M 2M4
CA
Phone
Website
Email Address
Overview
Through strategic partnerships and acquisitions, we have expanded our in-house expertise and IP portfolio to further support our corporate value statement From Ideation to Fabrication. It is as it sounds. e2ip can work with each customer to conceive, design, prototype and produce quality, innovative, smart surface solutions for almost any application. e2ip started more than 30 years ago as a family business specializing in screen printing, while over time it continued to grow into new market segments, innovating and expanding its solutions. Through acquisitions of other companies, a group of diversified business units were formed. In a natural evolution, the company's expertise and carefully crafted IP and technology portfolio led to the present-day focus on its 5 products: Smart Molded Parts (In-Mold Electronics), Electromechanical Assemblies, Membrane Switches, 5G Smart Surface and Smart Screens (Embedded Systems).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Jacques
Chief Financial Officer
Mario Ménard
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We report on all VC transactions involving tech companies. VC transactions reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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