Maetta Sciences, a Boucherville, (QC), Canada-based developer of net-shape manufacturing technologies based on powder injection molding, closed a $1.6m private financing.
All shareholders of the company including Caisse de dépôt et placement du Québec, European Fund Manager ACE Management through FCPR AEROFUND, FIER Longueuil, Fonds Soutien Longueuil and, Investissement MSCI, participated in the financing.
The capital infusion will allow the company to continue to grow in order to meet clients’ rising demand and complete products aimed at the medical and aerospace sectors.
Maetta Sciences also plans to hire personnel to meet the increase in sales.
FinSMEs
30/03/2010