Mecademic Secures $21 Million CAD to Boost Global Expansion

Mecademic Inc., a Montreal-based leader in compact, high-precision industrial robotics, has secured $21 million CAD through a strategic funding round led by Investissement Québec, with additional contributions from Export Development Canada and the Business Development Bank of Canada. This injection of capital will enable Mecademic to expand its product line and reinforce its global presence, particularly in the U.S., European, and Asia-Pacific markets.

The funding aims to drive product innovation and facilitate international scaling as demand for Mecademic's micro-automation solutions grows in sectors like electronics, optics, medical devices, and biotechnology. The company will also establish a new headquarters to support increasing demand.

Key leadership roles have been strengthened with strategic appointments, reinforcing governance for Mecademic's growth-focused trajectory, aided by strong sectoral demand for their ultra-compact robotic solutions.