CANADA – EXACT Technology Corporation, a Toronto, Canada-based company offering digital solutions for the concrete industry, received an investment from Lafarge Canada.
A group of leaders in business, technology, real estate and entrepreneurship have also joined the investment round, including Jeffrey Kimel (President, Harlo Capital) and Michael Katchen (Co-founder and CEO, Wealthsimple).The amount of the deal was not disclosed. The company intends to use the funds to expand operations and its business reach.EXACT Technology is a technology company that develops digital solutions for the concrete industry. It empowers concrete constructors with its monitor, match, cure and track products across precast, infrastructure mass concrete, high-rise and ready-mix applications. Since 2017 inception, the company has served leading concrete constructors. Commenting on the news, Stacia Van Zetten, EXACT co-founder and CSO, said: “This is the ideal strategic relationship to help us achieve that: Lafarge’s deep industry insights will strengthen EXACT’s product development and refinement. At the same time, Lafarge’s global reach will help get EXACT’s solutions into more hands, pushing the sector forward.”24/11/2023
