Emerging and High Growth Companies

Miru Smart Technologies in its US $20 million Series A financing co-led by BDC Capital and TNG Capital Corp.

Miru Smart Technologies
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Martin F. Smith

Associate, Emerging and High Growth Companies, Vancouver

Ian Nelson

Associate, Emerging and High Growth Companies, Vancouver

Arkie Liu

Associate, Emerging and High Growth Companies, Vancouver

Pavit Sethi, CFA

Senior Practice Financial Analyst, Emerging and High Growth Companies, Vancouver

On August 8, 2024, Miru Smart Technologies (“Miru”) announced the closing of its US$20 million Series A financing round. The round was co-led by BDC Capital and TNG Capital Corp, with participation from Greensoil Proptech Ventures. The investment will enable Miru to establish new pilot lines in North America and Europe and accelerate the commercialization of its technology.

Miru, based in Vancouver, Canada, is an electrochromic window (eWindow) manufacturer targeting the transportation and architectural sectors.

BDC Capital, the investment arm of the Business Development Bank of Canada, is Canada’s largest venture capital investor.

Osler, Hoskin & Harcourt LLP advised Miru with a team including Mark Longo, Martin Smith, Ian Nelson, Arkie Liu, and Pavit Sethi (Emerging and High Growth Companies).

Value
US $20 million
Date Announced
Aug 8, 2024
Lead Office
Vancouver
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Martin F. Smith

Associate, Emerging and High Growth Companies, Vancouver

Ian Nelson

Associate, Emerging and High Growth Companies, Vancouver

Arkie Liu

Associate, Emerging and High Growth Companies, Vancouver

Pavit Sethi, CFA

Senior Practice Financial Analyst, Emerging and High Growth Companies, Vancouver