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Point Laz secures $1.2M financing

Fasken
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Overview

Client

Point Laz Expertise Laser Minière inc.

Point Laz Expertise Laser Minière Inc. has raised $1.2 million.

This round of financing was led by i4 Capital Fund, with the participation of the City of Quebec, which invested $400,000 as part of the Seed Capital - Business Acceleration - New Innovative Company component of Vision entrepreneuriale Québec 2026.

This new financing will enable Point Laz continue its growth. More specifically, this round of financing will support the company in its plans to market its Lazaruss scanning device worldwide, an optical tool that revolutionizes mine shaft inspection by considerably reducing inspection time and guaranteeing greater safety for mine workers.

A Fasken team composed of Vincent Laforest-Lapointe, Frédéric St-Jean and Geneviève Laliberté advised Point Laz in this financing.

Team

  • Vincent Laforest-Lapointe, Partner | Mergers & Acquisitions, Québec, QC, +1 418 640 2028, vlaforest@fasken.com
  • Frédéric St-Jean, Associate | Corporate/Commercial, Québec, QC, +1 418 640 2087, fstjean@fasken.com
  • Geneviève Laliberté, Trademark Agent | Associate | Intellectual Property, Life Sciences, Québec, QC, +1 418 640 2047, glaliberte@fasken.com