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MarkWater Handling Systems secures new financing

MarkWater Handling Systems secures new financingMarkWater Handling Systems Inc., a portfolio company of 32 Degrees Capital, has closed a new round of equity financing, raising $ (Premium contents. Be first to know: Subscribe)

The new financing follows recently closed bridge financing.

Calgary based MarkWater Handling Systems is a provider of Automated Material Handling Systems for the offshore drilling industry worldwide.

MarkWater Handling Systems, formerly MarkWater International BV, supplies innovative equipment that moves drill pipe, casing, tubing and other tubulars safely and efficiently on offshore drilling installations.

About Ted Liu

Ted has been following Canadian venture capital and private equity industry since 1993. Ted's background included working as a product manager for a venture capital research firm in Toronto and an associate for an early stage tech venture capital firm.

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