Tech Company Financing Transactions
UgoWork Funding Round
On 11/22/2022, UgoWork landed $22.8 million in Series B financing from Fonds de solidarite FTQ, Desjardins Innovatech and Export Development Canada.
Transaction Overview
Company Name
Announced On
11/22/2022
Transaction Type
Venture Equity
Amount
$22,800,000
Round
Series B
Investors
Fonds de solidarite FTQ (Lead Investor) (Philippe Huneault)
Proceeds Purpose
Proceeds from series B will be used to accelerate the development efforts of its software and artificial intelligence platform, enabling the Energy as a Service program for their lithium-ion battery lineup.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1065 Lescarbot 200
Quebec QC, G1N 1X6
Canada
Quebec QC, G1N 1X6
Canada
Phone
Website
Email Address
Overview
At UgoWork, we envision a sustainable world driven by intelligent resource management and efficiency. We are committed to reducing the supply chain carbon footprint. We are passionate about energy and it's cost to our clients. We believe organizations can win the sustainability challenge by seamlessly integrating energy savings into their operations without compromising performance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Philippe Beauchamp
Chief Operating Officer
Rami Jarjour
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