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VRIFY Technology closes $6 million Series A financing co-led by RCF Jolimont Innovation and Beedie Capital

Fasken
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Overview

Client

VRIFY Technology Inc.

VRIFY Technology Inc., a Vancouver-based mining communications start-up, completed a $6 million Series A financing co-led by RCF Jolimont Innovation and Beedie Capital, with participation from Tiny Capital.

VRIFY intends to use the proceeds of the financing for market expansion and updates to its technology platform.

Mining companies use VRIFY’s 3D visualization technology and 360-degree mining site virtual tours to refine communications and help attract and secure investments.

Fasken advised VRIFY with a team led by Shahrooz Nabavi and Geoff Pedlow and included Brandon Deans and Irina Costei (Emerging Technology & Venture Capital).

Jurisdiction

  • British Columbia

Team

  • Shahrooz Nabavi, Partner | Co-Leader, Technology, Media and Telecommunications, Vancouver, BC, +1 604 631 4910, snabavi@fasken.com
  • Geoff Pedlow, Partner, Vancouver, BC, +1 604 631 4765, gpedlow@fasken.com
  • Brandon Deans, Associate, Vancouver, BC, +1 604 631 4776, bdeans@fasken.com
  • Irina Blair, Associate, Vancouver, BC, +1 604 631 3252, iblair@fasken.com