Envenio raises $1.3 mln from Celtic House, Green Century, NBIF
Computational fluid dynamics (CFD) solutions provider Envenio Inc has raised $1.3 million in financing. Canadian venture capital firm Celtic House Venture Partners, Green Century Investment and New Brunswick Investment Fund (NBIF) were the round's investors. Launched in 2010, Fredericton-based Envenio is the creator of EXN/Aero, an on-demand, cloud-hosted CFD software tool that enables rapid, high-accuracy engineering and scientific computer simulations. Led by CEO Ian McLeod, it plans to use the funds raised to expand its sales and engineering teams and advance its global strategy. Celtic House Partner Tom Valis has joined the company's board.
23 June 2017•4 mins read
