Tech | Toronto, Canada

RockMass Technologies Closes $2.5M CAD Seed Round for Digital Data Capture Platform for Mining

RockMass Technologies, provider of the Axis Mapper, the first handheld tool digitally measuring geotechnical data like structural orientation, underground within seconds, closed a $2.5M CAD Seed Round.  SOSV, BDC, and strategic angel investors from Maple Leaf Angels and the Creative Destruction Lab participated in the seed round. Funds will be used to expand RockMass's global presence, offer its products to many more geologists and geotechnical engineers, and integrate RockMass's tools with major software analytics players. [Full story]