Eigen Innovations secures $3.5 mln in Globalive-led financing

Eigen Innovations, a Fredericton-based internet-of-things solutions provider for manufacturing systems, has raised $3.5 million in its latest financing. The round was led by new investor Globalive Technology. It was joined by BDC Capital’s Women in Technology Venture Fund (WIT), New Brunswick Innovation Foundation, Opportunities New Brunswick and several angel investors. Founded in 2012 and led by CEO Scott Everett, Eigen's software helps manufacturers optimize highly complex and repeatable processes using artificial intelligence-enabled technology. It will use the funds raised to fuel additional growth at home and abroad.

15 October 2018•5 mins read
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