Thursday, January 28, 2021

Canadian Off-Site Manufacturer Expanding into US

A Vancouver-based startup pioneering a green construction technology announced this week it has successfully raised about $33 million in its fourth round of funding, ending in Fall 2020.

This brings Nexii Building Solutions’ total funding raised to date to over $66 million, with the latest infusion in funding to be used to expedite the opening of a new production facility in Squamish, expand its manufacturing partner program, and continue research and development.

Nexii already has a fully operational plant in Moose Jaw, Saskatchewan, and besides the new Squamish facility, there are also production facilities in development in Alberta, Ontario, and Pennsylvania.

Its clients to date include fast-food chains Popeye’s, A&W, and Starbucks.

CLICK HERE to read the entire Daily Hive article

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