Worximity Technology Raises $2m in Funding

worximityWorximity Technology, a Montreal, Canada-based producer of smart industrial technologies, raised $2m in funding.

Backers included W3 Investments, the Fonds de solidarité FTQ and BDC Capital (whose financing will come in the form of a patient mezzanine loan with a flexible repayment schedule).

The company intends to use the funds to step up the development of its technology.

Founded in 2011 by Yannick Desmarais, president, Worximity Technology leverages a mobile application and smart sensors to provide real-time monitoring of manufacturing production.



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