Mecademic Inc., a leader in compact, high-precision industrial robotics, has raised $21 million CAD (approx. $15.3 million USD). This investment was led by Investissement Québec (IQ), with additional participation from Export Development Canada (EDC) and the Business Development Bank of Canada (BDC).
Strategic Growth and Global Reach
“We are entering a period of rapid growth for automation,” said Philippe Beaulieu, CEO of Mecademic. “This funding allows us to expand our product line, strengthen our global presence, and continue leading in micro-automation. We are proud to support the world’s most prestigious brands wherever they operate.”
The capital will drive product innovation and international scaling, while also funding a new headquarters to meet surging global demand. This expansion follows a period of robust performance, during which Mecademic has consistently outpaced the industry average. The company plans to leverage this momentum by investing heavily in the U.S., European, and Asia-Pacific markets.
Precision Automation for High-Tech Sectors
“Mecademic is a key Quebec-based leader in precision automation,” said Bicha Ngo, President and CEO of Investissement Québec. “Our investment supports their international expansion, helps scale production, and strengthens their governance as they enter this next growth phase.”
June 23-24, 2026 | McCormick Place
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June 14, 2026
June 14, 2026
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