AceAge receives $1.5 million from FedDev Ontario

Ontario Industry Updates
Written By Maura Campbell
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AceAge Inc, a 2020 CAAP company, received a $1.5-million repayable contribution from FedDev Ontario to scale its operations to meet increasing demand in Canada and Europe by growing its development and support teams. This investment will also help the company launch its technology in the United States. AceAge Inc. will also leverage an additional $4.5 million in private sector investment and grow its team to 70 employees with the addition of 50 skilled jobs in Burlington.

Maura Campbell
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