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    MTI Raises $8.3M, Led by Radar

    Metamaterial Technologies Inc. has closed an $8.3 million round of funding, led by Toronto-based venture capital fund Radar Capital Inc.

    Metamaterials is a prime example of how the right support at the right time coupled with hard work and leadership from good entrepreneurs and worldclass researchers can build a big company in a small pond. George Palikaras and his partners make a strong team. One that understands the opportunities available in Atlantic Canada such as world-class research and development opportunities, and a strong support network of funders and bridging organizations who work together to support companies just like this. The University of New Brunswick's Office of Research Services, was there at the beginning of Metamaterials development and helped the team to understand the eco-system and the tremendous support available. Thanks to this early support Metamaterials has harnessed those resources in order to continue springboarding forward. Catching the attention of Radar Capital with their strong team, good traction, and world class tech. It's exciting to see Radar investing in Atlantic Canada in a big way and we look forward to a continued trend of new investors discovering the amazing things lighting up in Atlantic Canada. 

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