NFINITE NANOTECH CLOSES $8.9 MILLION CAD TO NANOCOAT SUSTAINABLE PACKAGING

May 14, 2024

Nfinite Nanotech has secured $8.9 million CAD ($6.5 million USD) to advance sustainable packaging. The seed round, led by Collateral Good with participation from various investors, including $1.5 million in non-dilutive funding from Next Generation Manufacturing Canada, brings their total funding to $8 million USD.

Nfinite’s co-founder and CEO Chee Hau Teoh said this investment will fuel Nfinite’s growth, scale operations, boost R&D, and reinforce its position as a leader in eco-friendly packaging.

LaBarge Weinstein LLP, with a dedicated team including Shane McLean, Stephanie Benedict, Kirsten Saikaly and Kate Dossetor is honored to have provided comprehensive legal counsel and support to Nfinite Nanotech throughout the entirety of its latest funding.