Telus Ventures, Maverix Private Equity and Export Development Canada led a $260m funding round in Miovision.

Investment firms Telus Ventures, Maverix Private Equity and Export Development Canada led a $260m funding round in Miovision, a Canada-based provider of intelligent transportation solutions. The company intends to use the funds to accelerate organic and inorganic growth initiatives, as well as increase investment in product development.