Mosaic Manufacturing, a Toronto-based 3D printer company, secured $28 million CAD in growth financing, led by Idealist Capital. Previous investor Freycinet Ventures participated, alongside undisclosed private family offices. Idealist’s François Boudreault joins the board with Mosaic co-founders Mitch Debora, Derek Vogt, and Chris Labelle.
Founded in 2014, Mosaic has raised $10 million USD previously, from investors including Techstars and Real Ventures. Mosaic’s latest innovation, the Array, automates 3D printing for factories, addressing supply chain disruptions. CEO Mitch Debora emphasized the importance of scaling amid growing demand.
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