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Vivid Machines Inc. completes US$4.3 million seed financing round

Fasken
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Overview

Client

Vivid Machines Inc.

On April 20, 2023, Vivid Machines Inc. (“Vivid Machines”), a company developing advanced computer technology that provides precise crop data to fruit growers, announced the completion of its first round of seed funding in the amount of US$4.3 million.

Vivid Machines intends to use the proceeds from its seed round to accelerate the development of a broader set of system applications as well as expand its capabilities to a wider variety of fruit crops.

Fasken advised Vivid Machines with a team comprised of Will Shaw, Veronique Poulin and Alec McIlwraith-Black.

Jurisdiction

  • Ontario

Team

  • Will Shaw, Partner | Co-leader, Technology, Media and Telecommunications and Co-leader, Emerging Technology, Toronto, ON, +1 416 865 4554, wshaw@fasken.com
  • Véronique M. Poulin , Associate | Emerging Technology & Venture Capital, Toronto, ON, +1 416 865 5144, vpoulin@fasken.com
  • Alec McIlwraith-Black, Associate | Emerging Technology & Venture Capital, Toronto, ON, +1 416 868 3468, amcIlwraith-black@fasken.com