Tech Company Financing Transactions
Cadstrom Funding Round
Cadstrom secured a $6.8 million Seed investment round on 12/23/2024. Backers included Bison Ventures, AI2 Incubator and Innovation Endeavors.
Transaction Overview
Company Name
Announced On
12/23/2024
Transaction Type
Venture Equity
Amount
$6,800,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development of its AI-driven verification tools, and expand its design and partner testing program, which currently includes several product development and design consulting agencies in the United States.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
Undisclosed
Montreal, QC, Undisclosed
Canada
Montreal, QC, Undisclosed
Canada
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Cadstrom, a Montreal, Canada-based AI expert system that enables electrical engineers to design electronic devices correctly on the first try.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Margot Blouin
Founder
Scott Bright
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