Cindicates has invested in Kinitics Automation, a Vancouver-based cleantech company innovating in industrial automation with its Shape Memory Alloy (SMA) technology to enhance efficiency and sustainability.
Information on the Target
Kinitics Automation is a Vancouver-based cleantech company that is revolutionizing the industrial automation landscape by leveraging Shape Memory Alloys (SMAs). Their innovative approach focuses on developing actuators that offer immediate response times, effectively eliminating delays in industrial processes while dramatically reducing greenhouse gas emissions. Kinitics aims to replace traditional methane-powered actuators with their environmentally friendly electric design, aligning with the natural gas sector's growing emphasis on sustainability.
The technology developed by Kinitics Automation addresses a significant challenge in industrial applications—deadband delays. This issue can lead to inefficiencies and increased operational costs, particularly in critical sectors such as natural gas. The company's SMA-powered actuators are engineered for super-responsiveness and precision, fundamentally transforming the way valves operate.
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Industry Overview in Canada
The Canadian industrial automation sector is undergoing rapid growth, driven by technological advancements and an increasing focus on sustainable practices. According to recent reports, the industry is anticipated to expand significantly over
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Cindicates
invested in
Kinitics Automation
in 2023
in a Seed Stage deal