BDC, Evok co-lead $5 mln Series A financing of DarkVision

DarkVision Technologies Inc has secured $5 million in a Series A financing. The round was co-led by Canadian venture capital firm BDC Capital and Evok Innovations, a $100 million clean technology fund launched earlier this year. With the round, BDC Partner Geoff Catherwood and Evok CEO Marty Reed joined the company's board. Vancouver-based DarkVision has developed ultrasound-based imaging technology for use inside of oil and gas wells. It allows energy companies to reduce operating costs, increase production efficiency, and minimize environmental impacts. DarkVision said it is planning for initial customer deployments later in 2016.

20 September 2016•3 mins read
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