BEST Funds made another investment recently, this time into Waterloo-based Intelligent Mechatronic Systems Inc. (IMS) with a $4 million debt-investment.
John Richardson, CEO of BEST Funds, said, “in today’s fast-paced economy, consumers are looking for a way to optimize every moment of their day, whether they are at work, home or on the road. We believe that IMS’ Connected Car™ technology is a breakthrough that will enhance people’s lives greatly – which is exactly the type of innovation we seek out.”
The investment will allow IMS to further pioneer innovative solutions in vehicle safety and intelligence through a continued focus on research and development.
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