Canvass

Canvas Category Software : Information Technology : Asset Performance Management

Primary Location Toronto, Ontario, Canada

Financial Status VC; Yamaha Motor Ventures, Laboratory Silicon Valley, Barney Pell, Google

At Canvass, our mission is to make AI easy-to-use so that the industrial sector can accelerate their transformation into a profitable and environmentally sustainable industry. This starts with empowering industrial workforces to leverage data themselves – not data scientists or 3rd parties.

Assembly Line

Canvass AI Accelerates Expansion with Completion of US $14.23 Million Series A Funding

📅 Date: August 9, 2022

🔖 Topics: Funding Event

🏢 Organizations: Canvass

Canvass Analytics Inc. (“Canvass AI”), a leader in industrial AI software, today announced the completion of its previously reported Series A financing with an extension of US $7.73 million, led by Yamaha Motors Ventures and a CDN $5.7 million (US $4.43 million) repayable loan from the Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The Series A extension will fuel the company’s mission to empower industrial workforces to drive impact across their operations with the power of Industrial AI.