Brilliant Matters closes a C$ 5.1 M seed round to accelerate its production, scaling and commercialization.
This investment is co-led by cleantech Ecofuel Fund, a specialized and dedicated cleantech fund, and strategic Japanese partner GSI Creos Corporation. Other important investors contributed to this funding.
Anticipating a surge in demand, the financing will help increase the company's production by supporting the development of a new generation of high-performance products: printable and flexible semiconductors that are more economical and above all, more environmentally friendly.
In addition, this investment will help scale-up the company's marketing efforts allowing it to expand into other high value-added markets. The Ecofuel Fund supports the growth of Brilliant Matters for the development of its innovation in order to allow solar energy to enter a new era in an ecological and economical way
A Fasken team composed of Henrick Simard and Frédéric St-Jean advised Brilliant Matters in connection with this C$ 5.1 M funding.
Jurisdiction
- Québec