LynX Inspection raises $1 mln-plus in debut VC round

LynX Inspection, a Québec City-based provider of industrial inspection solutions, has raised more than $1 million in its first financing. The round, announced last month, was backed by members of Anges Québec, Anges Québec Capital, Fonds Innovexport and ACET Capital. Founded in 2016, LynX's technology combines three-dimensional analysis and X-ray imaging to rapidly inspect manufactured parts and detect defects. It is targeting opportunities in the aerospace, automotive and defence sectors. President and CEO Luc Perron said the funds raised will help the company move from R&D to commercialization and increase its global profile.

2 January 2019•4 mins read
Feature image
LinkedInXEmail
LinkedInXEmail