Canada, Quantiam Technologies Receives $6M Investment

Quantiam Technologies Inc., an Edmonton, Alberta, Canada-based company that develops and commercializes new products based on advanced materials, catalysts, coatings and surfaces for extreme-operating environments and energy-related applications, has received a $6m investment from Ursataur Capital Management L.P. and BASF Venture Capital GmbH.
Quantiam will use the funds to finance its growth, including a manufacturing expansion that will more than triple its capacity.
The company’s customers include several of the petrochemical industry’s leading olefins producers, leaders in the oil and gas industry, and the United States Department of Defense.

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