A3 surfaces receives $4 million to commercialize its antimicrobial anodized aluminium technology

A fresh round of funding worth $4 million will help A3 Surfaces commercialise antimicrobial anodized aluminium, a unique technology created by the Saguenay-based business. The Québec government provided A3 Surfaces with a $2 million loan as part of this new round of funding to help the company commercialise its aluminium anodizing technology. Desjardins Capital has pledged a $1 million contribution. In addition, $1 million has been invested by stockholders.

The announcement was made on Friday, April 22, in the presence of the Québec government and Desjardin Capital Pierre Fitzgibbon, Minister of Economy and Innovation and Minister responsible for Regional Economic Development, Andrée Laforest, Minister of Municipal Affairs and Housing and Minister responsible for the Saguenay-Lac-Saint-Jean region, and Daniel Ménard, Director of the Centre Desjardins Entreprises Saguenay.

A3 Surfaces will be able to continue its North American clearance procedure and solidify its commercialization structure in Europe, where the firm does significant promotional efforts, thanks to this fresh funding. The antibacterial technology of A3 Surfaces has begun to penetrate the European market. The Saguenay-based firm recently acquired a supplier agreement with the French private and public hospital buying centre (CAHPP), allowing it to sell its products to more than 3,800 French healthcare facilities.

"An innovative company like A3 Surfaces needs support and time to achieve its goals. The journey since the beginning of the company is considerable and A3 Surfaces could not have achieved its aspirations without the support of our partners. A3 Surfaces would like to thank the Québec Government and Desjardins Capital for their unwavering support. With this new round of financing, A3 Surfaces is well positioned to achieve its objective of becoming the world leader in antimicrobial surfaces,” said Dr Guy Leblanc, Vice-president Health, A3 Surfaces.

"Desjardins Capital is proud to support the innovation of a Québec-based company whose product is also boosting the Saguenay-Lac-Saint-Jean region's global reputation in the aluminum sector. Our financial assistance of $1 million will allow A3 Surfaces to develop a technology that makes aluminum self-cleaning so that surfaces are safe, and this is all the more important in times of pandemic,” said Jean-Yves Bourgeois, Senior Vice-President, Business Services, Mouvement Desjardins.