The high-performance metal powder developer secured $21.1m in a round led by The Heritage Group's investment subsidiary, which provided $7m.
HG Ventures, the venture capital arm of industrial holding company The Heritage Group, invested C$10m to lead a C$30m ($21.1m) round for Canada-based additive manufacturing technology developer Equispheres on Wednesday.
Canadian government-owned entities Sustainable Development Technology Canada (SDTC) and BDC also participated in the round along with undisclosed additional investors.
SDTC had provided C$8m in grant funding for Equispheres in January this year that made up its contribution to the latest round, while BDC provided C$5m in subordinated financing that…
