Unique Solutions Receives First Tranche of $30M Investment

Unique Solutions Design Ltd., a Nova Scotia, Canada-based developer of innovative body fit solutions and technologies, has received the first tranche of a $30m investment from Northwater Capital’s Intellectual Property Fund.

The company intends to use the funds to continue to grow in North American markets and rollout over 300 body scanning kiosks, which will be installed at large shopping centers and other high-traffic venues.

Founded in 1994 and led by CEO Tanya Shaw, Unique Solutions holds the exclusive license for a body scanning technology to measure the body while fully clothed. The company also holds a comprehensive database of body measurements.

Unique Solutions, which also operates offices in California, has NSBI Venture Capital and U.S. and Canadian private backers among prior investors.

FinSMEs

27/07/2011

Join the discussion