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Today: November 19, 2024
February 28, 2024
1 min read

Breakthrough: Elevated Signals Secures $79M in Series A Round

TLDR:

  • Elevated Signals, a manufacturing software company based in Vancouver, Canada, raised $7.9M in Series A funding.
  • The funding round was led by Yaletown Partners and included participation from Third Kind Venture Capital, WGD Capital, Colin Harris, Raiven Capital, and Pareto Holdings.

Elevated Signals, a Vancouver-based manufacturing software company, has successfully raised $7.9 million in Series A funding. The funding round was led by Yaletown Partners, a venture capital firm, with participation from Third Kind Venture Capital, WGD Capital, Colin Harris, Raiven Capital, and Pareto Holdings. The company plans to use the funds to expand its operations and development efforts.

Founded by CEO Amar Singh and COO Hardeep Shoker, Elevated Signals provides cloud-based software that simplifies manufacturing processes and automates real-time data capture. This technology allows businesses to reduce waste, streamline operations, and gain clearer financial insights. The company currently serves a variety of Small and Medium-sized Businesses (SMBs) in sectors such as controlled environment agriculture, natural health product manufacturing, critical minerals recovery, and mining.

In a statement regarding the funding, CEO Amar Singh expressed excitement about the company’s expansion plans, particularly in serving high-growth and tech-forward manufacturing businesses in industries like food, energy, and health.

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