MKB, EDC lead top up of Opus One Solutions' Series B round

Opus One Solutions, a Toronto-based smart grid software engineering company, has raised additional capital for its Series B financing. The undisclosed second tranche was led by Canadian growth equity firm MacKinnon Bennett & Co (MKB) and Export Development Canada (EDC). Canadian venture capital firm Renewal Funds, which led the round's undisclosed first tranche in December, added to its investment. The funds raised will be used by Opus One to accelerate growth in North American and global markets. Founded in 2011 by President and CEO Joshua Wong, Opus One provides transactive energy and distributed energy management solutions to utilities and other market participants.

24 June 2019•4 mins read
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