Caisse de dépôt ups funding for Urbanimmersive Technologies

Urbanimmersive Technologies Inc has secured a convertible debenture investment totaling $150,000. The funding was provided by the Caisse de dépôt et placement du Québec, and if conversion rights under the debenture are exercised, the pension fund manager will now own about 13.5 percent of the company's common shares outstanding. Founded in 2007, Urbanimmersive is focused on developing Web and 3D immersive technologies for the real estate market. It has its headquarters in Laval, Québec.

21 July 2014•2 mins read
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