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Former YSpace and ventureLAB-Supported Company Mero Technologies Closes Seed Round to Improve Cleanliness of Commercial Buildings

Mero Technologies, a former YSpace and current ventureLAB-supported company in Markham, York Region has completed a $2.5M USD seed round, led by Fresco Capital and IX Labs.
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Mero Technologies, a technology company utilizing Internet of Things (IoT) sensors to empower dynamic, efficient cleaning of large commercial buildings, has completed a $2.5M USD seed round, led by Fresco Capital and IX Labs.

Since its 2017 launch, Mero Technologies has gained a strong foothold in the commercial cleaning and hygiene market, boasting several clients in the commercial real estate sector including Choice Properties, QuadReal Property Group, Brookfield Properties, Colliers, and more. The funds will be used to further expand Mero’s products across Canada and into the USA, and help bolster its list of integrations with other smart building platforms. At present, Mero Technologies operates in over 100 buildings in Canada, USA, and Europe, with over 10,000 sensors installed.

Full Article: mero.co