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Synopsis
Yaletown Partners, a Canadian venture capital fund manager, and BDC Capital, a financing solutions company, led a $38m Series C round in Nanoprecise, an AI-powered energy centered predictive maintenance solution combining IoT sensor technology with artificial intelligence and machine learning. "Predictive maintenance is no longer a 'nice-to-have' - it's a strategic necessity for industrial resilience and efficiency. Nanoprecise is not just talking about efficiency to the customers but is also displaying the same discipline in its finances, as it has achieved maximum revenue per dollar of investor funds raised in its class. We are excited to support their mission to scale Energy-Centered Maintenance globally," Hans Knapp, Yaletown Partners Partner and Co-founder.
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