In July, BDC Capital announced that it is committing $160 million to finance intellectual property (IP) development in Canada with the hopes to fill the gap in capital financing for scaling companies with intangible assets. We spoke with Patrick Latou about what they plan to achieve and why this type of fund is so overdue.
Topic: debt financing
Eddyfi has acquired two overseas companies that expand the Quebec City-based tech firm’s capability and reach in the fest-growing global market for non-destructive technologies and services. More than $600 million in private equity and debt financing was raised to complete the acquisitions and pursue other strategic opportunities.