On April 23, 2024, Brightspark Ventures and BDC Capital’s Deep Tech Venture Fund announced the successful closure of a C$8.35 million funding round for Forcen, a Toronto-based company specializing in robotics sensing technology.
This all-equity round also saw participation from Garage Capital, MaRS IAF, and EmergingVC, alongside various undisclosed venture capital firms and angel investors. The funding will bolster Forcen's efforts to expand its customer base and further advance its force sensing technology for robotic applications.
Fasken advised Brightspark Ventures and BDC Capital in connection with this transaction with a team comprised of Marc Shewchun and Alec McIlwraith-Black.
Jurisdiction
- Ontario
