Financing Description

Location: Ontario
Amount Financed: >$250,000
Type of Facility: SR&ED Financing
Days to Fund: 7

Use of Funds: The company incurs a significant capital cost when rolling out their solution.  As they sell on a SaaS model, it takes a few months to recoup this cost.  The Venbridge credit facility provides them with the working capital to purchase the equipment to roll out to their clients

Agritech Company financed by Venbridge

Company Background: This company leverages robotics and AI to provide freshly prepared meals to employees at work places.