Elevated Signals, a Vancouver, Canada-based manufacturing software company, raised $7.9M in Series A funding.
The round was led by Yaletown Partners, with participation from Third Kind Venture Capital, WGD Capital, Colin Harris, Raiven Capital, and Pareto Holdings.
The company intends to use the funds to expand operations and development efforts.
Led by CEO Amar Singh, and COO Hardeep Shoker, Elevated Signals provides software for the complex operations of manufacturing businesses. Its cloud-based platform simplifies processes and automates the capture of real-time data, providing instant precision and visibility to reduce waste, simplify operations, and gain a clear financial picture. The company now serves a range of Small and Medium-sized Businesses (SMBs) in diverse sectors including controlled environment agriculture, natural health product manufacturing, critical minerals recovery, mining, and more.
Commenting on the news, Amar Singh said: “This capital will fuel our expansion as we diversify the industries we serve with a focus on high-growth and tech-forward manufacturing businesses, especially those driving progress in food, energy, health, and beyond“
FinSMEs
27/02/2024