Peak Power Inc. Secures Funding from Hatch and BDC, the Bank for Canadian Entrepreneurs

TORONTO–(BUSINESS WIRE)–Toronto-based Peak Power (Peak) announced today that it has received further funding from BDC Capital, the investment arm of BDC and Canadian Shield Capital, the investment arm of Hatch, a global engineering consultancy. BDC Capital and Canadian Shield Capital join Export Development Canada (EDC) and Sensata Ventures as investors to support Peak’s global expansion.

The announcement represents the second close in Peak’s financing round aimed at funding rapid expansion of Peak’s Synergy™ platform, which is already deployed in over 15 million square feet of commercial and industrial real-estate in Ontario, New York, and California. Peak’s AI-powered Synergy™ platform optimizes the operation…