Halifax’s Coloursmith Labs, which is developing advanced optical filters for contact lenses and eyeglasses, has closed a $2 million equity round, led by the female-focused investment fund, Sandpiper Ventures.
Sandpiper on Tuesday issued a press release saying its investment in Coloursmith is its second investment and the first investment round in which it was the leader. The other investors in this round were veterans of the company’s first $600,000 round from 2019: Brigus Capital Inc., the investment fund headed by Halifax businessman Wade Dawe; Charlottetown-based Island Capital Partners