Export Development Canada

Export Development Canada (EDC), established in 1944, is a Canadian Crown corporation headquartered in Ottawa. It assists businesses of all sizes, from small enterprises to large corporations, in expanding their global reach. EDC offers a range of services, including trade knowledge, financial solutions, equity investments, insurance, and connections, to help Canadian companies grow their business internationally with confidence.

Hozefa Abbas

Investment Partner

Lissa Bjerkelund

Vice President, Investments and Mid-Market Lending

Erik Brien-Wright

Partner

Carl Burlock

Executive Vice President and COO

Guillermo Freire

Senior Vice President, Mid-Market

Dan Mancuso

Senior Vice President, Financing and Investments

Isabela Murillo

Investment Manager

Richard Pinnock

Chief Diversity Officer and Director

Julie Pottier

senior Vice President

Eric Siegel

COO

Gabriel Sirois

Partner

Stephen Wilhelm

Regional Vice President

Past deals in Electronics

Neo Performance Materials

Post in 2024
Neo Performance Materials is a leading supplier of advanced materials, specializing in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. The company operates through several segments, including Magnequench, which produces magnetic powders for neodymium-iron-boron magnets, and Chemicals & Oxides, which offers a diverse range of industrial materials. Additionally, the Rare Metals segment focuses on the production of specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. With state-of-the-art processing and manufacturing facilities, Neo Performance Materials serves various sectors by providing high-performance engineered materials that meet demanding product specifications. The company has a global presence, with operations across Asia, North America, and Europe.

e2ip technologies

Series B in 2023
E2ip technologies specialize in human-machine Interface (HMI) solutions and printed electronics technologies. E2ip focuses on innovation and scientific research, attempting to expand its intellectual property portfolio in order to produce cutting-edge technologies, materials, and processes on a constant basis. E2ip's solutions revolutionize the surfaces people touch every day and simplify how they interact with the physical environment.

Neo Performance Materials

Post in 2022
Neo Performance Materials is a leading supplier of advanced materials, specializing in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. The company operates through several segments, including Magnequench, which produces magnetic powders for neodymium-iron-boron magnets, and Chemicals & Oxides, which offers a diverse range of industrial materials. Additionally, the Rare Metals segment focuses on the production of specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. With state-of-the-art processing and manufacturing facilities, Neo Performance Materials serves various sectors by providing high-performance engineered materials that meet demanding product specifications. The company has a global presence, with operations across Asia, North America, and Europe.

LeddarTech

Series D in 2022
LeddarTech Inc. is a Canadian company that specializes in developing advanced detection and ranging systems, utilizing time-of-flight measurement technology with infrared LEDs. Its product offerings include smart sensor modules for various applications, such as single-element and multi-element sensor modules, LED-based traffic management sensors, and sensor evaluation kits. These solutions are designed for a wide range of applications, including advanced driver assistance systems (ADAS), autonomous driving, public safety, and industrial monitoring. LeddarTech's flagship platform, LeddarVision™, integrates multiple sensor types to create comprehensive 3D environmental models, facilitating improved perception and navigation capabilities in vehicles. The company aims to address critical sensing challenges for OEMs and automotive suppliers, helping them enhance performance while reducing development time and costs. Founded in 2007 and headquartered in Quebec City, Canada, LeddarTech maintains a research and development office in Toronto and has secured numerous patents in the field of remote sensing technologies.

SPARK Microsystems

Private Equity Round in 2021
SPARK Microsystems is a fabless semiconductor company focused on advancing ultra-low power wireless communications for the Internet of Things. The company has developed a high-performance wireless transceiver that significantly improves energy efficiency, reduces latency, and enhances data rates compared to existing technologies. By utilizing its patented technology, SPARK Microsystems enables the extended battery life of electronic devices, allowing clients to implement battery-less wireless operations and enhance overall efficiency. This innovation positions SPARK Microsystems as a leader in the evolving landscape of IoT communication solutions.

ecobee

Series C in 2018
ecobee, Inc. is a Canadian company based in Toronto that specializes in manufacturing Wi-Fi enabled smart thermostats and light automation equipment for both residential and commercial use. Founded in 2007, ecobee offers a range of products including the SmartThermostat with voice control, ecobee3 lite, SmartSensor, and ecobee Switch+. These devices allow users to customize temperature settings and manage their energy consumption remotely via a mobile application available on various platforms such as iOS and Android. By providing intelligent energy management solutions, ecobee aims to enhance comfort while promoting energy conservation, thus enabling customers to understand and reduce their energy usage effectively. The company sells its products primarily through online channels.

Encycle

Venture Round in 2016
Encycle Corporation specializes in wireless electrical demand management solutions for commercial and industrial facilities. Based in Toronto with offices in California and the UK, the company offers automated demand response controllers that manage peak electrical demand across various building equipment types. Their products are installed directly or via distributors in California and New York, serving clients such as retail stores, office buildings, distribution centers, and food processing plants. Encycle's strategic partnership with Ayla Networks enhances its product offerings. Founded in 2005, the company changed its name from REGEN Energy Inc. to Encycle Corporation in 2015.

Solantro Semiconductor

Venture Round in 2015
Solantro Semiconductor Corp. is a semiconductor company based in Ottawa, Canada, specializing in the design and manufacture of integrated circuits for grid applications, particularly in the renewable energy sector. Founded in 2009, the company develops advanced power management chipsets, including analog power managers, maximizer DC controllers, and micro-inverter controllers. These chipsets enhance the functionality of solar panels, transforming them into integrated power generators. Solantro's products support applications such as DC-AC micro-inverters, DC-DC power optimizers, and intelligent photovoltaic (PV) module safety disconnects. In addition to hardware, the company offers software development tools to facilitate the integration of its semiconductor solutions into power electronics and smart grid systems. Solantro serves various clients in the renewable energy and power electronics industries, leveraging its expertise in system architecture and power conversion to promote scalable and efficient energy solutions.

Encycle

Series B in 2014
Encycle Corporation specializes in wireless electrical demand management solutions for commercial and industrial facilities. Based in Toronto with offices in California and the UK, the company offers automated demand response controllers that manage peak electrical demand across various building equipment types. Their products are installed directly or via distributors in California and New York, serving clients such as retail stores, office buildings, distribution centers, and food processing plants. Encycle's strategic partnership with Ayla Networks enhances its product offerings. Founded in 2005, the company changed its name from REGEN Energy Inc. to Encycle Corporation in 2015.

Solantro Semiconductor

Series A in 2012
Solantro Semiconductor Corp. is a semiconductor company based in Ottawa, Canada, specializing in the design and manufacture of integrated circuits for grid applications, particularly in the renewable energy sector. Founded in 2009, the company develops advanced power management chipsets, including analog power managers, maximizer DC controllers, and micro-inverter controllers. These chipsets enhance the functionality of solar panels, transforming them into integrated power generators. Solantro's products support applications such as DC-AC micro-inverters, DC-DC power optimizers, and intelligent photovoltaic (PV) module safety disconnects. In addition to hardware, the company offers software development tools to facilitate the integration of its semiconductor solutions into power electronics and smart grid systems. Solantro serves various clients in the renewable energy and power electronics industries, leveraging its expertise in system architecture and power conversion to promote scalable and efficient energy solutions.

Beyond the Rack

Series B in 2011
Beyond the Rack is a Montreal-based online shopping platform that functions as a private shopping club, offering exclusive deals on a wide range of products including apparel, accessories, fragrances, home goods, and electronics. With approximately 15 million active members in Canada and the United States, the platform features flash sales that provide discounts of up to 80% on designer and fast fashion items, all without a retail middleman. The company collaborates with over 3,000 brands to host 15-25 sales daily, which typically last between 48 to 72 hours or until items sell out. Membership is free and can be obtained through the website, promotional partners, or referrals from existing members. Beyond the Rack is recognized for its responsive customer service and efficient shipping, contributing to its reputation as a leading online retailer in the fashion industry.

BreconRidge

Debt Financing in 2009
BreconRidge is a leading provider of design and manufacturing services for electronic products, specifically targeting the communications, industrial, and defense markets. The company specializes in various engineering disciplines, including test engineering, multi-chip module design, systems engineering, thermal modeling, and mechanical design. By offering a comprehensive operations model, BreconRidge addresses the needs of both established and emerging original equipment manufacturers through a range of services, such as design, process and test engineering, component sourcing, global procurement, supply chain management, manufacturing, and distribution. Additionally, BreconRidge supports its clients with after-sales services, including product repair, refurbishment, warranty tracking, and logistics management. This combination of capabilities positions BreconRidge as a collaborative partner in the electronics manufacturing sector.
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