Spring Loaded Technology seeded with $1.8 million by Innovacorp, angels

Spring Loaded Technology, a maker of bionic knee braces that improve mobility, rehabilitation and performance, has obtained $1.8 million in seed-stage financing from Canadian early-stage venture capital firm Innovacorp and several private investors. The Halifax, Nova Scotia-based startup said it plans to use proceeds of the investment for research and development, product development and to help take its two product lines to market. Spring Loaded was founded in 2012 by CEO Chris Cowper-Smith and CTO Bob Garrish.

3 October 2014•3 mins read
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