OTTAWA, Ontario--(BUSINESS WIRE)--Equispheres, a materials science innovator based in Ottawa, Canada, today announced they have raised Series B investment and a new round of funding totaling $30 Million (CDN), at an undisclosed valuation. This round of funding was led by advanced materials and sustainable technology investor, HG Ventures, with participation from Sustainable Development Technology Canada (SDTC), BDC, Canada’s bank for entrepreneurs, and other undisclosed contributors. “We are extremely excited to have HG Ventures as a partner,” says Kevin Nicholds, President and CEO of Equispheres, “their extraordinary combination of research capability and venture capital experience made them an ideal partner to understand both the technical and market potential of our product across the transportation industry. We are also grateful to have the support of the Canadian government, enabling us to leverage investor financing to achieve our objective of providing a high-quality...
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