Invixium raises $3 million in Series B financing

28 May 2020


On May 28, 2020, Invixium Inc., a biometric security products manufacturer that focuses on access control and workforce digitalization technology, closed a $3 million Series B financing.

The funding was raised from Export Development Canada (EDC), as well as existing investors McRock Capital, BDC Capital, and Connecticut Innovations. The company plans to use the capital to expand its sales and marketing efforts and explore growth opportunities, after reporting demand surged for touchless and elevated body temperature detection.

Founded in 2012, Invixium is based in Toronto. The company is a global provider of advanced touchless biometric solutions and software analytics for access control and workforce digitalization.

Derek Keay advised McRock Capital with respect to this financing.

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