Yaletown Partners has taken the lead in the US$38 million Series C financing round for Nanoprecise Sci Corp, reinforcing its commitment to advancing industrial intelligence and sustainable operations. This round will fuel Nanoprecise’s global scale-up, accelerate product innovation, and deepen its footprint across North America, Europe, and Asia.
Nanoprecise, headquartered in Edmonton, Alberta, delivers AI- and IoT-enabled predictive maintenance solutions that provide real-time insights into machine health. Their platform empowers clients across mining, energy, manufacturing, and infrastructure sectors to detect even minute faults before failure occurs—helping prevent costly unplanned downtime and contributing to reduced energy waste and emissions.
"Nanoprecise’s platform stands out with its ability to deliver scalable, real-time predictive insights in complex environments," said Hans Knapp, Founding Partner at Yaletown. "We believe the team has the product, vision, and momentum to lead this category globally."
The financing also attracted participation from Export Development Canada (EDC), National Bank of Canada’s Technology and Innovation Banking Group, and BDC Capital’s Climate Tech Fund—underscoring the company’s dual relevance to industrial productivity and climate impact.
Yaletown’s leadership in this round reflects its investment thesis: supporting growth-stage companies that are digitizing legacy industries and driving resource efficiency across the built environment. Nanoprecise’s offering aligns strongly with Yaletown’s climate-aligned innovation goals, demonstrating how smart technologies can create value at the intersection of sustainability and industrial performance.
