Export Development Canada

Export Development Canada (EDC), established in 1944, is a Canadian Crown corporation headquartered in Ottawa. It assists businesses of all sizes, from small enterprises to large corporations, in expanding their global reach. EDC offers a range of services, including trade knowledge, financial solutions, equity investments, insurance, and connections, to help Canadian companies grow their business internationally with confidence.

Hozefa Abbas

Investment Partner

Lissa Bjerkelund

Vice President, Investments and Mid-Market Lending

Erik Brien-Wright

Partner

Carl Burlock

Executive Vice President and COO

Guillermo Freire

Senior Vice President, Mid-Market

Dan Mancuso

Senior Vice President, Financing and Investments

Isabela Murillo

Investment Manager

Richard Pinnock

Chief Diversity Officer and Director

Julie Pottier

senior Vice President

Eric Siegel

COO

Gabriel Sirois

Partner

Stephen Wilhelm

Regional Vice President

Past deals in Industrial Automation

Nanoprecise

Series C in 2025
Nanoprecise Sci Corp specializes in condition monitoring systems that leverage Internet of Things technology and artificial intelligence to enhance predictive maintenance across various industries. The company has developed RotationLF, a comprehensive hardware and software solution that integrates physics, material science, and data analytics to identify issues in machinery and predict the remaining time to failure. The RotationLF sensors are capable of capturing critical data such as RPM, vibration, sound, temperature, and humidity. This innovative solution is applicable to a wide range of machinery, including pumps, motors, and turbines, serving sectors like petrochemicals, utilities, manufacturing, HVAC, oil and gas, mining, and infrastructure. Founded in 2015 and headquartered in Edmonton, Canada, with an additional office in Bangalore, India, Nanoprecise has gained recognition for its ability to deliver cost-effective and scalable monitoring solutions that enhance operational reliability and efficiency.

Novarc Technologies

Series B in 2025
Novarc Technologies Inc. is a Vancouver-based company specializing in the design and manufacture of innovative robotic solutions for industrial applications, particularly in pipe welding. Established in 2013, Novarc has made significant advancements in collaborative robotics, offering products such as the Spool Welding Robot, which is recognized as the first of its kind for pipe welding. The company also provides custom robotic solutions for various applications, including arc welding, food and beverage handling, and palletizing. With a dedicated team of engineers and scientists, Novarc Technologies aims to address complex industrial automation challenges through the development of collaborative robots and artificial intelligence systems.

Novarc Technologies

Series A in 2023
Novarc Technologies Inc. is a Vancouver-based company specializing in the design and manufacture of innovative robotic solutions for industrial applications, particularly in pipe welding. Established in 2013, Novarc has made significant advancements in collaborative robotics, offering products such as the Spool Welding Robot, which is recognized as the first of its kind for pipe welding. The company also provides custom robotic solutions for various applications, including arc welding, food and beverage handling, and palletizing. With a dedicated team of engineers and scientists, Novarc Technologies aims to address complex industrial automation challenges through the development of collaborative robots and artificial intelligence systems.

Raven Telemetry

Series A in 2023
Raven Telemetry Inc. is a Canadian company, founded in 2013 and based in Ottawa, that specializes in artificial intelligence-powered manufacturing management software solutions. The company offers a suite of tools, including Raven Sense, Raven Brain, and Raven Flight, which work together to enhance manufacturing efficiency. Raven Sense integrates with existing systems to collect critical performance data such as uptime, downtime, and production rates. Raven Brain utilizes artificial intelligence to analyze this data and optimize operations, while Raven Flight delivers real-time alerts and visualizations to guide decision-making. By leveraging mobile hardware, software, and cloud-based analytics, Raven Telemetry aims to improve profitability for manufacturers without necessitating changes to their workforce or machinery. The company primarily serves the manufacturing sector, providing actionable insights and recommendations that enable plant managers and operators to enhance productivity and operational effectiveness.

Nanoprecise

Series B in 2023
Nanoprecise Sci Corp specializes in condition monitoring systems that leverage Internet of Things technology and artificial intelligence to enhance predictive maintenance across various industries. The company has developed RotationLF, a comprehensive hardware and software solution that integrates physics, material science, and data analytics to identify issues in machinery and predict the remaining time to failure. The RotationLF sensors are capable of capturing critical data such as RPM, vibration, sound, temperature, and humidity. This innovative solution is applicable to a wide range of machinery, including pumps, motors, and turbines, serving sectors like petrochemicals, utilities, manufacturing, HVAC, oil and gas, mining, and infrastructure. Founded in 2015 and headquartered in Edmonton, Canada, with an additional office in Bangalore, India, Nanoprecise has gained recognition for its ability to deliver cost-effective and scalable monitoring solutions that enhance operational reliability and efficiency.

ATTAbotics

Series C in 2022
Attabotics Inc. designs and manufactures a robotic automated storage and retrieval system aimed at revolutionizing warehousing and fulfillment processes. Founded in 2016 and headquartered in Calgary, Alberta, the company focuses on providing solutions for various sectors, including e-commerce, logistics, retail, grocery, and advanced manufacturing. Attabotics' innovative system enhances supply chain management by utilizing a robot-centric approach, which optimizes space and improves efficiency in warehouses. This technology allows for quicker product retrievals and reduces the workload on staff, transforming traditional large storage systems into smaller, agile delivery stations.

BrainBox AI

Series A in 2022
BrainBox AI Inc. is a Montreal-based company that designs and develops artificial intelligence-driven technology to optimize building heating, ventilation, and air conditioning (HVAC) systems. Founded in 2017, the company utilizes cloud-based computing and deep learning algorithms to create an autonomous solution that enables buildings to operate continuously with maximum energy efficiency. BrainBox AI’s platform automaps HVAC control points and analyzes data to generate predictive maintenance modules, providing building operators with valuable fault detection diagnostics. By optimizing existing HVAC systems, BrainBox AI helps clients significantly reduce energy consumption and carbon emissions, leading to cost savings and enhanced sustainability in building management.

Omnirobotic

Seed Round in 2020
Omnirobotic Inc. develops autonomous industrial robots aimed at addressing manpower shortages in manufacturing. Founded in 2016 and based in Laval, Canada, the company specializes in creating robots that utilize 3D vision and artificial intelligence to see, plan, and execute tasks on a variety of products without manual programming. Its flagship product, the Omnipainter, is a vision-guided robotic system designed to enhance flexibility, scalability, and customization in coating and painting applications. This technology enables the transformation of traditional industrial robots into autonomous systems suitable for high-mix, low-volume manufacturing, a sector larger than the existing industrial robot market. Omnirobotic installed its first autonomous robot in 2019, following seed funding received in late 2017.

SensorUp

Series A in 2020
SensorUp Inc. is a Calgary-based company that develops and operates an Internet of Things (IoT) platform, offering solutions for sensor data, analytics, and mapping feedback through its Application Programming Interface (API). Founded in 2011, SensorUp provides a unified system for interconnecting IoT devices, enabling them to communicate with each other and with third-party web applications via the SensorUp Cloud. The company's platform is designed to facilitate intelligent automation and enhance operational visibility for asset-heavy industries, particularly through its capabilities in methane detection and repair initiatives. Additionally, SensorUp's Smart Cities Starter Kit focuses on air quality monitoring, supporting enterprises in meeting stringent emissions reporting standards while integrating the latest measurement technologies and open standards.

Clearpath Robotics

Series C in 2020
Clearpath Robotics Inc. specializes in designing and manufacturing self-driving vehicles for various industrial applications. Founded in 2009 and based in Kitchener, Canada, the company provides a range of autonomous solutions, including robotic utility vehicles, unmanned ground vehicles, and heavy load transporters, as well as specialized unmanned aerial and surface vessels. Clearpath's offerings extend to components such as sensors, manipulators, and controllers, as well as services in systems design, navigation, and industrial support. The company's technology aims to enhance the efficiency and safety of material transport in factories and warehouses, allowing for seamless integration into existing workflows without the need for significant infrastructure changes. Clearpath serves over 500 innovative brands worldwide through its industrial and research divisions, Clearpath Robotics and OTTO Motors.

OTTO Motors

Series C in 2020
OTTO Motors, a subsidiary of Clearpath Robotics Inc., specializes in designing and developing autonomous mobile robots for material handling in manufacturing facilities and warehouses. Founded in 2015 and based in Kitchener, Canada, the company offers two primary products: the OTTO 100, which handles human-scale payloads like boxes and carts, and the OTTO 1500, designed for larger loads such as pallets and racks. These self-driving vehicles utilize infrastructure-free navigation to ensure safe and efficient transportation in dynamic production environments, with applications spanning various industries, including automotive, medical devices, aerospace, and logistics. OTTO Motors combines proprietary hardware, software, and services to enhance operational excellence for its customers.

Rithmik Solutions

Grant in 2019
Rithmik Solutions Ltd. is a Montreal-based company that specializes in developing software solutions for the mining industry, focusing on predictive maintenance for mobile mining equipment. Founded in 2017, Rithmik offers an artificial intelligence-driven platform that analyzes equipment health by creating a virtual model of healthy assets, which runs alongside their physical counterparts. This system detects even minor deviations from optimal performance, providing clients with actionable insights to enhance equipment uptime and reduce maintenance costs. By leveraging AI technology, Rithmik Solutions aims to optimize productivity and profitability for its clients in the mining sector.

Orbitless Drive

Grant in 2018
Orbitless Drive has developed a novel drivetrain technology known as the ORBITLESS Drive, which represents a significant advancement in gearbox design. This patent-pending technology can be applied across various sectors, including motion control, robotics, electric vehicles, and wind power, serving as an alternative to traditional planetary drives, harmonic gearsets, and spur gearsets. The ORBITLESS Drive is available in multiple configurations, including single stage and multi-stage options with varying gear ratios, allowing for customization to meet specific application needs. In addition to its innovative technology, Orbitless Drive offers technical consultancy services that assist clients with transmission design, analysis, and engineering support, catering to companies seeking to enhance their competitive edge in the power transmission market. The company's focus on low noise and reduced vibration positions it as a valuable partner for gear design professionals.

Encycle

Venture Round in 2016
Encycle Corporation specializes in wireless electrical demand management solutions for commercial and industrial facilities. Based in Toronto with offices in California and the UK, the company offers automated demand response controllers that manage peak electrical demand across various building equipment types. Their products are installed directly or via distributors in California and New York, serving clients such as retail stores, office buildings, distribution centers, and food processing plants. Encycle's strategic partnership with Ayla Networks enhances its product offerings. Founded in 2005, the company changed its name from REGEN Energy Inc. to Encycle Corporation in 2015.

Encycle

Series B in 2014
Encycle Corporation specializes in wireless electrical demand management solutions for commercial and industrial facilities. Based in Toronto with offices in California and the UK, the company offers automated demand response controllers that manage peak electrical demand across various building equipment types. Their products are installed directly or via distributors in California and New York, serving clients such as retail stores, office buildings, distribution centers, and food processing plants. Encycle's strategic partnership with Ayla Networks enhances its product offerings. Founded in 2005, the company changed its name from REGEN Energy Inc. to Encycle Corporation in 2015.

IntelliView

Venture Round in 2014
IntelliView Technologies Inc., established in 2003 and based in Calgary, Canada, specializes in designing and developing advanced video analysis and processing solutions. The company's core offerings include SmartDVR, SmrtFENCE, SmrtCOUNT, SmrtALPR, and SmrtFLEET, catering to diverse sectors such as oil and gas, construction, transportation, and government. IntelliView's solutions leverage AI-powered cameras for 24/7 monitoring, automated detection, and alerting of liquid and gas leaks, even in harsh weather conditions. The company partners with industry leaders like Microsoft, Cisco, and IBM to deliver high-accuracy, customizable, and reliable solutions, aiming to enhance safety, efficiency, and sustainability in industrial operations.

Distech Controls

Venture Round in 2013
Distech Controls Inc., based in Brossard, Canada, specializes in building automation and energy management solutions. Founded in 1995, the company offers a range of products and services designed to optimize energy efficiency and enhance the management of various systems within buildings. Its offerings include the EC-NetAX platform for multi-protocol building automation, the ECLYPSE series of connected IP and Wi-Fi products, and various HVAC controllers. Additionally, Distech Controls provides tools for energy management visualization, smart room control systems, and security access solutions. The company serves a diverse clientele that includes offices, commercial buildings, educational institutions, healthcare facilities, and data centers across multiple global regions. As of 2015, Distech Controls operates as a subsidiary of Acuity Brands, expanding its reach and capabilities in the energy management sector.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.