Miru Smart Technologies, a Vancouver-based company specializing in electrochromic windows (eWindows), has raised $20 million in Series A funding.
The financing round was led by BDC Capital, the investment arm of the Business Development Bank of Canada, and Angelo Paletta of TNG Capital Corp., with additional participation from Greensoil Proptech Ventures.
The newly acquired funds will be directed toward accelerating the development of dynamic glass roofs for the automotive industry and establishing new pilot production lines in North America and Europe to serve both automotive and architectural markets.
Under the leadership of CEO Curtis Berlinguette, Miru Smart Technologies focuses on creating electrochromic windows for various sectors, including automotive, architectural, marine, and aviation. The company aims to bring 10 million square feet of eWindows to the market by 2028.
Vivian Kan and Kieron Hayes joined the Board of Directors at Miru, effective April 2024.
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.
By Proptechbuzz
By Ravi Kumar
