Briefing

Miovision ups fundraising to close growth round with $296M

Investors added $36 million to a funding round initially announced in April for the Kitchener, Ont.-based smart-transportation company. Telus Ventures, Maverix Private Equity, Export Development Canada, McRock Capital, HarbourVest Partners and BDC Capital’s Growth Venture Co-investment Fund increased their initial commitments, “thanks to accelerating opportunities in the marketplace,” Miovision said in a press release. (The Logic)

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