InnerSpace

InnerSpace in its $3.2 million Seed financing

Client

InnerSpace Technology Inc.

Value

$3.2 million

Service

Emerging and High Growth Companies

Date Closed

March 2019

Lead Office

Toronto

On March 28, 2019, InnerSpace announced the completion of its $3.2 million Seed financing round, led by BDC Capital’s Women in Technology Fund. The company will use the financing to further develop its product and grow its presence in the market.

InnerSpace is a Canadian GPS delivering platform system that works within commercial real estate, manufacturing, logistics, healthcare, and retail locations build digital indoor data.

The BDC Capital Women in Technology Fund is one of the world's largest venture capital funds dedicated to investing in women-led technology companies.

Osler, Hoskin & Harcourt LLP represented InnerSpace with a team led by Chad Bayne that included Andrew Irwin (Emerging and High Growth Companies) and Arielle Kaplan (Corporate).