On January 16, 2024, RaceRocks 3D Inc. announced $3 million in Series A funding. The round was led by Raven Indigenous Capital Partners. The investment will help RaceRocks focus on opportunities in the defense and aerospace industries.
RaceRocks 3D Inc. is based in Victoria B.C. and is an Indigenous owned and women led company. The company works with defense and aerospace sector clients to modernize existing training modules and develop immersive training, and also offers innovative data analytics to support the development of bespoke software for its clients.
Raven Indigenous Capital Partners is North America’s leading Indigenous venture capital fund that invests in seed-stage Indigenous businesses in both Canada and the United States.
Osler, Hoskin & Harcourt LLP advised RaceRocks 3D Inc. with a team consisting of Mark Longo, Manveer Bisla, and Michelle Wong (Emerging and High Growth Companies). Osler also advised Raven Indigenous Capital Partners with a team consisting of Laura Webb and Ian Nelson (Emerging and High Growth Companies).