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Niricson raises over C$10M in Series A financing

Fasken
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Overview

Client

Niricson Software Inc.

Canadian tech company Niricson announced the successful completion of C$10M+ Series A financing.

The new influx of resources enables Niricson to lead the digital revolution in infrastructure condition assessment and risk management. Niricson will expand its global footprint by using robotics, computer vision and acoustic technology, combined with AI to make predictive maintenance of large-scale civil assets around the world safer and more efficient.

Niricson develops an AI-based predictive analytics SaaS platform for infrastructure asset management. Its AUTOSPEX platform and DRONIC provide asset managers and civil engineers critical insights and multi-defect layer visualization for the current condition of their assets. They are one of the fastest growing startups in Canada.

Fasken advised Niricson Software Inc. with a team led by Geoff Pedlow and included Brock Euper.
 

Jurisdiction

  • British Columbia

Team

  • Geoff Pedlow, Partner, Vancouver, BC, +1 604 631 4765, gpedlow@fasken.com
  • Brock Euper, Associate, Vancouver, BC, +1 604 631 3142, beuper@fasken.com