KINOVA SECURES $25 MILLION TO INVEST IN ACCELERATING COMPANY GROWTH AND INNOVATION

News & Events

Kinova has even more reason to be excited about the future. The robotics solutions company is proud to announce it has received funds totaling $25 million CAD from four major global contributors to continue its growth in several important areas.

 

Among them are lead investor Fonds Manufacturier Québécois S.E.C. II; co-investors KTB Network Co., Ltd. (South Korea) and Foxconn (Taiwan); and BDC Capital, the investment arm of BDC (Canada).

 

“We want our users to achieve the extraordinary with our robots, creating more value for themselves and our society,” said Kinova CEO Charles Deguire. “The financial support, broad expertise and geographic coverage of our experienced partners gives us additional resources to accelerate our growth, quickly and strategically establish our presence in new markets, develop an extended line of breakthrough products, and propel our advanced manufacturing capabilities.”

 

View the full press release here.

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