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4AG Robotics Inc. announces closing of its Class B Preferred Share financing led by BDC Capital Inc. and InBC Investment Corp.

Fasken
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Overview

Client

4AG Robotics Inc. (previously TechBrew Robotics Inc.)

Fasken represented 4AG Robotics Inc. (previously TechBrew Robotics Inc.) (“4AG”) in its Class B Preferred Share financing, pursuant to which 4AG raised $17.5 million through the sale of Class B Preferred shares.

The transaction was led by BDC Capital Inc. and InBC Investment Corp. and included, among others, Regina-based fund, Emmertech.

4AG is a robotics company that has developed an autonomous harvesting robot which aims to alleviate labour challenges in the mushroom industry.

Fasken advised 4AG with a team led by Geoff Pedlow and including Reina Mistry and Irina Blair.

Jurisdiction

  • British Columbia

Team

  • Geoff Pedlow, Partner, Vancouver, BC, +1 604 631 4765, gpedlow@fasken.com
  • Reina Mistry, Associate, Vancouver, BC, +1 604 631 3263, rmistry@fasken.com
  • Irina Blair, Associate, Vancouver, BC, +1 604 631 3252, iblair@fasken.com