McRock Capital leads $15 million round of financing for Miovision

1 minute read
07 May 2018
Client work

Adviser:

Derek Keay

On May 7, 2018, Miovision, a leader in smart traffic intersection technology, announced that it had raised $15 million in the form of a convertible note from a syndicate led by McRock Capital and which included MacKinnon, Bennett & Co. and new investors BDC Capital and HarbourVest Partners.

McRock is a dedicated Industrial Internet of Things (IIoT) venture capital fund focused on the intersection of sensors and software in smart cities and large industrial markets.

Derek Keay of Gowling WLG advised McRock in this transaction.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.
Related   Tech, Private Equity, What is a smart city?

Adviser

Related Insights & Resources

View all insights Related Insights & Resources
Client work
28 March 2024 SOL Global portfolio company Andretti Acquisition Corp. completes business combination with Zapata AI and lists on NASDAQ
Client work
08 November 2023 Cavelo announces $5 million venture capital financing
Client work
02 October 2023 McRock Capital and other shareholders complete sale of Clearpath Robotics to Rockwell Automation

Adviser

Download or print PDF