Metamaterial Technologies secures $2 mln in funding from Innovacorp
Metamaterial Technologies Inc has received $2 million in financing from Canadian early-stage venture capital firm Innovacorp. According to a report by Entrevestor, the company has also raised $1.1 million from private investors, including First Angel Network. Based in Halifax, Metamaterial is an optical solutions and nano-composites company developing and commercializing metamaterial technology. It said it will use the new funds to tailor its product for the aerospace industry. Last year, the company received $3 million in research and development funding from the Atlantic Canada Opportunities Agency (ACOA).
27 April 2015•2 mins read
