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 Manufacturing

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.

VueReal

Series C in 2025
VueReal Inc. is a technology company based in Waterloo, Canada, founded in 2016, specializing in micro-LED displays. Its core innovation, the microSolid printing platform, facilitates the integration of millions of semiconductor devices onto large-area substrates, enabling the creation of advanced smart systems. This technology is particularly beneficial for applications in automotive, aerospace, and consumer electronics, including smartphones, laptops, TVs, and augmented reality systems. VueReal collaborates directly with original equipment manufacturers (OEMs) to develop customized solutions, addressing challenges in the transition to electric vehicles and autonomy. The company's displays are characterized by high transparency, brightness, reliability, and low power consumption. To broaden accessibility, VueReal is developing a turnkey solution for its printing technology, partnering with tool vendors, semiconductor fabs, and material companies. By licensing its technology and providing production printers along with semiconductor cartridges, VueReal aims to support both large corporations and smaller teams in creating innovative products tailored to specific customer needs.

Mangrove Lithium

Venture Round in 2025
Mangrove Lithium, based in Vancouver, has developed a modular and scalable refining technology for the efficient production of battery-grade lithium hydroxide and carbonate from a variety of input streams. This innovative platform allows for the direct conversion of lithium chloride and lithium sulfate into high-quality lithium products. The technology can be adapted to different capacities and is designed to be co-located with upstream lithium producers, as well as cathode and cell manufacturers. Additionally, Mangrove’s platform is being commercialized for the conversion of waste brines into valuable chemicals and desalinated water, contributing to more sustainable practices in the lithium supply chain.

Neo Performance Materials

Post in 2024
Neo Performance Materials is a leading supplier of advanced materials, specializing in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. The company operates through several segments, including Magnequench, which produces magnetic powders for neodymium-iron-boron magnets, and Chemicals & Oxides, which offers a diverse range of industrial materials. Additionally, the Rare Metals segment focuses on the production of specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. With state-of-the-art processing and manufacturing facilities, Neo Performance Materials serves various sectors by providing high-performance engineered materials that meet demanding product specifications. The company has a global presence, with operations across Asia, North America, and Europe.

UgoWork

Series C in 2024
UgoWork is a manufacturing company focused on producing lithium-ion batteries and energy systems tailored for industrial applications, particularly in the material handling sector. The company addresses the operational challenges faced by forklifts, which are used extensively across various industries, including food, pharmaceuticals, retail, manufacturing, and logistics. By replacing traditional lead-acid batteries with advanced lithium-ion solutions, UgoWork enhances efficiency and performance while offering universal charging capabilities for diverse battery models. This innovation allows fleet managers to optimize their operations and supports a broader transition towards sustainable energy practices. Committed to reducing the carbon footprint of supply chains, UgoWork aims to promote intelligent resource management and operational efficiency within the industrial landscape.

WorkJam

Venture Round in 2024
WorkJam, Inc. is a technology company that develops an employee engagement platform designed to enhance the relationship between employers and their front-line workforce. Founded in 2014 and headquartered in Montreal, Canada, with additional locations in Cincinnati, Ohio, and Melbourne, Australia, WorkJam offers a web and mobile app that can operate independently or be integrated with existing workforce management systems. The platform features tools for shift and task management, communication, training, and recognition, enabling shift-based, hourly, and non-desk workers to effectively manage their work life. By promoting agile scheduling and transformative communication, WorkJam empowers organizations in various sectors, including retail, healthcare, and manufacturing, to improve operational efficiency, labor cost management, and customer experience through a more engaged workforce. The company also has a strategic partnership with Digital Goodie to further enhance its offerings.

Fibracast

Venture Round in 2023
Fibracast is a manufacturer specializing in advanced purification systems for water and wastewater treatment. The company has developed FibrePlate™, an innovative hybrid ultrafilter that combines the advantages of hollow-fiber and flat-plate membranes into a compact and energy-efficient design. This technology addresses operational challenges in water treatment by effectively filtering impurities from wastewater, transforming it into potable water. Fibracast serves a diverse clientele across municipal, industrial, and commercial sectors, providing them with cutting-edge ultra-filtration solutions to enhance water quality.

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.

UgoWork

Series B in 2022
UgoWork is a manufacturing company focused on producing lithium-ion batteries and energy systems tailored for industrial applications, particularly in the material handling sector. The company addresses the operational challenges faced by forklifts, which are used extensively across various industries, including food, pharmaceuticals, retail, manufacturing, and logistics. By replacing traditional lead-acid batteries with advanced lithium-ion solutions, UgoWork enhances efficiency and performance while offering universal charging capabilities for diverse battery models. This innovation allows fleet managers to optimize their operations and supports a broader transition towards sustainable energy practices. Committed to reducing the carbon footprint of supply chains, UgoWork aims to promote intelligent resource management and operational efficiency within the industrial landscape.

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.

Neo Performance Materials

Post in 2022
Neo Performance Materials is a leading supplier of advanced materials, specializing in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. The company operates through several segments, including Magnequench, which produces magnetic powders for neodymium-iron-boron magnets, and Chemicals & Oxides, which offers a diverse range of industrial materials. Additionally, the Rare Metals segment focuses on the production of specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. With state-of-the-art processing and manufacturing facilities, Neo Performance Materials serves various sectors by providing high-performance engineered materials that meet demanding product specifications. The company has a global presence, with operations across Asia, North America, and Europe.

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.

Acerta Analytics

Series A in 2020
Acerta Analytics Inc. specializes in machine intelligence solutions that analyze raw machine data to facilitate informed decision-making, particularly in the automotive sector. The company's flagship product, Acerta CHECK, employs statistical methods, data mining algorithms, and machine learning techniques to identify critical issues and anomalies in machine behavior. By assisting automotive manufacturers, including original equipment manufacturers and parts suppliers, Acerta helps improve quality control, reduce defects, and accelerate the market readiness of complex products. Additionally, the company's technology is applicable in aerospace for aircraft health management. Acerta's analytics platform empowers manufacturers to detect early signs of potential product failures, enhance root cause analysis, minimize scrap and rework, and continuously refine their processes. Founded in 2014 and based in Waterloo, Canada, Acerta is committed to transforming quality control through advanced artificial intelligence.

Librestream

Series D in 2020
Librestream Technologies Inc., established in 2003 and headquartered in Winnipeg, Canada, specializes in mobile video collaboration solutions for Fortune 500 organizations. Its flagship product, Onsight, enables real-time virtual presence for remote experts to assess environments and troubleshoot equipment. Onsight's suite of products includes collaboration software, rugged smart cameras, and management tools, serving diverse industries such as manufacturing, oil and gas, healthcare, and government. Librestream's solutions help enterprises achieve cost-efficiencies through accelerated problem resolution, reduced downtime, and improved productivity. The company has strategic partnerships with industry leaders like Cisco Systems and Verizon Wireless.

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.

DIRTT Environmental Solutions

Venture Round in 2011
DIRTT Environmental Solutions combines 3D design, configuration, and manufacturing software with in-house manufacturing of its prefabricated interior construction solutions. Their products include solid walls, glass walls, headwalls, doors, casework, timber, access floors, and more.

BreconRidge

Debt Financing in 2009
BreconRidge is a leading provider of design and manufacturing services for electronic products, specifically targeting the communications, industrial, and defense markets. The company specializes in various engineering disciplines, including test engineering, multi-chip module design, systems engineering, thermal modeling, and mechanical design. By offering a comprehensive operations model, BreconRidge addresses the needs of both established and emerging original equipment manufacturers through a range of services, such as design, process and test engineering, component sourcing, global procurement, supply chain management, manufacturing, and distribution. Additionally, BreconRidge supports its clients with after-sales services, including product repair, refurbishment, warranty tracking, and logistics management. This combination of capabilities positions BreconRidge as a collaborative partner in the electronics manufacturing sector.
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