ontario-robotics-100000-202010
Project Description:
Amount Funded: $100,000
Amount Funded: $100K - $250K
Industry: Robotics
Province: Ontario
Type of Facility: SR&ED Financing
Days to Fund: 8
Use of Funds: As this robotics company's business model evolved to provide rental and service solutions, it needed to invest funds into its effort to build custom robots. The SR&ED financing loan fit perfectly into its capital stack and allowed the company to continue to support its clients.
Company Background: This robotics company builds robots that can access challenging locations to help companies manage safety costs related to the hazards present in these locations
