Montreal, Canada, September 12, 2005 – Metafoam Technologies Inc. today announces the closing of a seed financing agreement with the Business Development Bank of Canada (BDC) Seed Technology Group. This disbursement from BDC constitutes the first investment in Metafoam.
Involved in venture capital since 1975, BDC Venture Capital is a major venture capital investor in Canada. To date, BDC Venture Capital has invested in more than 400 companies. BDC is active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets.
About BDC
BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets.
About Metafoam
Metafoam Technologies is specialized in the development, production and commercialization of open-cell copper foams. Through its patented technologies, Metafoam is revolutionizing the open-cell copper foams industry by offering the highest specific surface area. Thanks to this industry-leading performance, Metafoam is focusing on wick structures for the electronic thermal management market.
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Phone: +1 (450) 444-5678
info@metafoam.com
Metafoam Obtains Seed Financing from BDC Venture Capital
Posted on Monday September 12, 2005
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