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§ Private Profile · Halifax, NS, Canada
Develops optical filtering technology for eyeglass and contact lenses, enhancing color vision and protecting against hazardous light.
Founded in 2018 by Chief Executive Officer Gabrielle Masone, Coloursmith Labs is a Halifax, Nova Scotia-based company developing breakthrough optical filtering technology for eyeglass and contact lenses. Alongside Chief Technology Officer Morrgan Payne, the enterprise creates tint-free filters for the global vision care industry to enhance color vision, provide colorblind clarity, and protect against hazardous light. Operating primarily through research and development, the firm addresses chemical challenges in existing eyewear while partnering with global manufacturers to commercialize its patented products. To support these commercialization efforts, the organization has raised significant equity funding, including an oversubscribed pre-seed round of $600,000 in 2019 and a $2 million investment in 2021. This capital allowed the company to triple its workforce and secure backing from prominent institutional investors like Sandpiper Ventures, Brigus Capital, Killick Venture Fund, and Island Capital Partners.
Coloursmith Labs Inc. has raised $2.2M across 2 funding rounds.
Coloursmith Labs Inc. has raised $2.2M in total across 2 funding rounds.
Coloursmith Labs Inc. has raised $2.2M across 2 funding rounds. Most recently, it raised $1.6M Seed in July 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 20, 2021 | $1.6M Seed | Cathy Bennett | Brigus Capital, Island Capital Partners, Killick Capital | Announced |
| Jul 9, 2019 | $600K Pre Seed | — | Wade Dawe, Stefanie Corbett, Killick Capital | Announced |
Coloursmith Labs Inc. has raised $2.2M in total across 2 funding rounds.
Coloursmith Labs Inc.'s investors include Cathy Bennett, Brigus Capital, Island Capital Partners, Killick Capital, Wade Dawe, Stefanie Corbett.