Baanto International Ltd. has joined BDC Capital’s Intellectual Property (IP) Backed-Financing Fund. The fund provides customized, patient capital in the form of debt, quasi-equity and equity to scaling Canadian companies in knowledge-based industries. According to Baanto, joining the BDC Capital family will aid it in expanding its research-and-development (R&D) team; delivering new products into the industrial, medical and military markets; and improving its logistics and manufacturing capabilities.
Founded in 2009, Baanto has sought to invent and commercialize next-generation touchscreen products based on its ShadowSense technology.
“We have witnessed how Baanto’s ShadowSense IP solves complex problems and creates long-term value for customers,” Lally Rementilla, Managing Partner at BDC Capital, remarked. “This unique technology offers advantages for customers in the ruggedized and industrial fields. BDC Capital is proud to support a company that has such strong patent and technology leadership.”
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