Export Development Canada

Export Development Canada (EDC) is a Crown corporation established in 1944 and headquartered in Ottawa, Ontario. It serves as an export credit agency focused on supporting Canadian businesses of all sizes in their international endeavors. EDC offers a range of services to facilitate global trade, including financial solutions, trade financing, export credit insurance, and risk management tools. The organization aims to enhance Canada's export trade by providing businesses with the necessary resources, such as industry knowledge and connections, to pursue international market opportunities confidently. In addition to its core services, EDC supports small and medium-sized enterprises through secured loans and other financial products, thereby fostering growth and development in the Canadian economy.

Hozefa Abbas

Investment Partner

Lissa Bjerkelund

Vice President, Investments and Mid-Market Lending

Erik Brien-Wright

Partner

Sean Brownlee

Director

Carl Burlock

Executive Vice President and Chief Business Officer

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 Internet of Things

Nanoprecise

Series C in 2025
Nanoprecise Sci Corp specializes in condition monitoring systems that leverage Internet of Things technology and artificial intelligence to enhance predictive maintenance across various industries. The company has developed RotationLF, a comprehensive hardware and software solution that integrates physics, material science, and data analytics to identify issues in machinery and predict the remaining time to failure. The RotationLF sensors are capable of capturing critical data such as RPM, vibration, sound, temperature, and humidity. This innovative solution is applicable to a wide range of machinery, including pumps, motors, and turbines, serving sectors like petrochemicals, utilities, manufacturing, HVAC, oil and gas, mining, and infrastructure. Founded in 2015 and headquartered in Edmonton, Canada, with an additional office in Bangalore, India, Nanoprecise has gained recognition for its ability to deliver cost-effective and scalable monitoring solutions that enhance operational reliability and efficiency.

Brickeye

Debt Financing in 2023
Brickeye is a construction technology company focused on transforming the construction and infrastructure sectors through an integrated IoT platform. The company provides job site monitoring, automation, and data analytics solutions that enhance operational efficiency and safety. Its platform is designed to operate effectively in challenging environments, where traditional technologies may struggle. Brickeye's offerings include monitoring for water mitigation, concrete performance, and environmental risks, allowing clients such as owners, developers, general contractors, and insurance providers to mitigate risks, boost productivity, and safeguard margins on construction projects worldwide. With its end-to-end solutions, Brickeye aims to facilitate safer and more efficient building practices.

Nanoprecise

Series B in 2023
Nanoprecise Sci Corp specializes in condition monitoring systems that leverage Internet of Things technology and artificial intelligence to enhance predictive maintenance across various industries. The company has developed RotationLF, a comprehensive hardware and software solution that integrates physics, material science, and data analytics to identify issues in machinery and predict the remaining time to failure. The RotationLF sensors are capable of capturing critical data such as RPM, vibration, sound, temperature, and humidity. This innovative solution is applicable to a wide range of machinery, including pumps, motors, and turbines, serving sectors like petrochemicals, utilities, manufacturing, HVAC, oil and gas, mining, and infrastructure. Founded in 2015 and headquartered in Edmonton, Canada, with an additional office in Bangalore, India, Nanoprecise has gained recognition for its ability to deliver cost-effective and scalable monitoring solutions that enhance operational reliability and efficiency.

LeddarTech

Series D in 2022
LeddarTech Inc. specializes in advanced detection and ranging systems using time-of-flight measurement technology with infrared LEDs. The company offers a range of smart sensor modules, including single-element and multi-element systems tailored for various applications, such as industrial, traffic management, and smart home solutions. LeddarTech's technology is particularly focused on enhancing advanced driver assistance systems (ADAS) and autonomous driving by providing perception solutions that integrate data from various sensor types, including cameras and radar. Their flagship platform, LeddarVision™, facilitates the creation of comprehensive 3D environmental models, addressing critical challenges in environmental sensing and perception. With over 140 patents granted or pending, LeddarTech is committed to innovation in the automotive sector, serving original equipment manufacturers (OEMs) and automotive suppliers to accelerate development cycles and improve time-to-market. Founded in 2007 and based in Quebec City, Canada, the company also maintains a research and development office in Toronto.

Vosker

Debt Financing in 2021
Vosker provides remote area monitoring technology using solar power and artificial intelligence for cutting-edge surveillance solutions. It offers mobile security cameras that operate on 4G/LTE networks and are powered by solar energy, providing surveillance capabilities. These cameras are primarily used in various industries. Vosker was founded in 2018, and headquartered in Victoriaville, Quebec.

Mysa

Series B in 2021
Mysa is a developer of advanced smart thermostats designed to optimize home heating and reduce energy expenses. Its high-voltage thermostat features smart learning capabilities that can lead to approximately 15% savings on energy bills. The device allows users to remotely control their home's heating through a smartphone from anywhere in the world. Mysa's thermostats are Wi-Fi enabled and can track and display current room temperatures, detect when appliances are mistakenly left on in vacant homes, and generate detailed energy reports that provide insights into daily usage and potential utility costs. Additionally, Mysa's products integrate seamlessly with popular smart home platforms such as Amazon Alexa, Google Home, and Apple HomeKit, enhancing convenience for homeowners seeking efficient energy consumption.

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.

ThoughtWire

Debt Financing in 2020
ThoughtWire is a developer of digital twin technology focused on enhancing the efficiency and safety of hospitals, commercial buildings, and cities. Its flagship platform, ThoughtWireOS, integrates data from people, processes, and the physical environment to create smarter spaces. By leveraging this data along with insights from Internet of Things (IoT) devices, ThoughtWire's applications offer real-time guidance and automation for various stakeholders, including clinicians, patients, office workers, and first responders. The company's software solutions aim to unlock the potential of built environments by ensuring energy efficiency, improving operational safety, and enabling proactive issue resolution. Through its innovative approach, ThoughtWire contributes to the development of self-optimizing systems that enhance the overall quality of life in urban settings and workplaces.

Brickeye

Series A in 2018
Brickeye is a construction technology company focused on transforming the construction and infrastructure sectors through an integrated IoT platform. The company provides job site monitoring, automation, and data analytics solutions that enhance operational efficiency and safety. Its platform is designed to operate effectively in challenging environments, where traditional technologies may struggle. Brickeye's offerings include monitoring for water mitigation, concrete performance, and environmental risks, allowing clients such as owners, developers, general contractors, and insurance providers to mitigate risks, boost productivity, and safeguard margins on construction projects worldwide. With its end-to-end solutions, Brickeye aims to facilitate safer and more efficient building practices.

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.
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