Forcen secures $8.35 million in financing to enhance robotic capabilities with advanced force-sensing technology, addressing growing demands across various industries.
Target Information
Forcen, founded in 2015 and headquartered in Toronto, Ontario, is at the forefront of transforming robotic capabilities through advanced force-torque sensing technology. With a mission to provide robots with tactile sensation, Forcen's innovations enhance operational safety and efficiency across various industries, including surgical robotics, industrial automation, and logistics.
The company has successfully raised a total of $8.35 million in its latest financing round, which reflects its growing reputation and demand for its pioneering solutions. Led by Dr. Robert Brooks, a Ph.D. in Mechanical Engineering from the University of Toronto, Forcen has made substantial advancements in robotics, moving beyond just surgical applications to cater to a wider array of sectors that require refined force feedback.
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Industry Overview
The robotics industry is experiencing significant growth, particularly evident in countries like Canada, where innovation and technology are at the forefront. The Canadian robotics
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The Brightspark Canadian Opportunities Fund II
invested in
Forcen
in 2024
in a Series A deal
Disclosed details
Transaction Size: $8M