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News June 4, 2021

Smart Skin Technologies Raises $10.7M in Funding

– Smart Skin Technologies Inc. from Fredericton, NB develops IIoT productivity solutions. – The company raised $10.7m in funding led by BDC Capital’s Industrial Innovation Venture Fund with participation from Schott AG, Mariner’s East Valley Ventures and the New Brunswick Innovation Foundation. – The new investment will be used to expand operations, hiring up to 50 new employees in the next year, and its business reach.