Date Closed

March 1, 2024

Lead Office

Toronto

Value

20.00 Million CAD

On April 22, 2024, Equispheres Inc. ("Equispheres") announced the completion of an initial close on its Series B financing. The financing was led by Martinrea International Inc. ("Martinrea"), with participation from new institutional investors totaling approximately C$20 million and the financing will remail open until June 30, 2024.

Martinrea, headquartered in Vaughan, Ontario, is a leader in the development and production of quality metal parts, assemblies and modules, fluid management systems, and complex aluminum products focused primarily on the automotive sector.

Equispheres, headquartered in Ottawa, Ontario is develops breakthrough technologies for the production and use of advanced materials in additive manufacturing.

McCarthy Tétrault advised Equispheres with a team led by Ranjeev Dhillon and included Ivor Selimovic (Corporate), Matt Kraemer and Daniel Downie (Tax).