Innovative Consumer Cleaning Products Start-Up WHOOSH! Receives $1.5-Million in Financing From the Bank of Montreal

The Toronto-based next-generation consumer cleaning products start-up WHOOSH! (www.whoosh.com) today announced that it has received more than $1.5-million in financing from the Bank of Montreal to support its growth. According to WHOOSH! President & CEO Jason Greenspan, the financing is in the form of an operating and term credit facility supported by additional banking services. 

“WHOOSH! has more than tripled in size since it was founded three years ago,” Greenspan said today. “Thanks to our efforts, the issue of Tech Hygiene has become a major focus of consumers and retailers alike, who now recognize the importance of keeping mobile device screens clean.  In the process, we have succeeded in making WHOOSH! the leading Tech Hygiene brand.  The financing and support provided by the Bank of Montreal is going to strengthen and expand our ability to grow the brand and deliver more products to more customers than ever before.  We appreciate this vote of confidence from our banking partner.”

WHOOSH! Screen Shine solutions are now available at over 5,000 stores globally including Office Depot/Office Max, Staples Canada, Telus and Walmart stores.

According to Rob McLean, Vice President of the Bank of Montreal, WHOOSH! represents the kind of innovative, forward-looking company that the bank seeks to partner with.  “WHOOSH! is pioneering the commercial market development of a very exciting and new product category.  The company is poised to become the next great consumer products brand. We are proud to be partnered with this dynamic and growing company.”

WHOOSH! Screen Shine made its debut at CES 2014 where it became the only screen and device cleaner to be awarded two coveted CES Innovations Design & Engineering Awards. WHOOSH! is also a Family Choice Award winner, one of the most coveted, family-friendly consumer award programs in the nation, recognizing the finest products and services that enrich the lifestyles of children and families.

NanoLumens® Completes $13.3-Million Round of New Financing

NanoLumens®, the world’s leader for visualization solutions in any size, shape or curvature, today announced it has secured $13.3-million in new financing from an offering of debt and securities. Euro Pacific Canada Inc. (www.europac.ca) served as the exclusive agent for the offering.  The $5-million debt component of the financing was provided by Wellington Financial LP (www.wellingtonfund.com). 

According to NanoLumens CEO Rick Cope, the new round of funding will be used to accelerate the company’s strategic business and technology development programs. “The next chapter for our global strategy is about to unfold” he said today.  “Working closely with leading global companies, NanoLumens is expanding its visualization platform to incorporate nearly limitless opportunities that join together large-format visualization solutions with native apps, professional services and mobile tech platforms.  Our end result will be an interactive universe of display solutions that not only engage customers, but also simultaneously deliver information and compel commerce.

“What’s more,” Cope continued, “we are going to do this with technology that was born in Canada, is manufactured in America, and is shipping to customers around the world.”

According to Euro Pacific Canada Managing Director Adam Adamou, “Euro Pacific -is committed to repopulating the Canadian public markets with the very best young technology companies in the world.  NanoLumens is a pre-eminent leader in the emerging market of providing customer specific visualization solutions that help marketers to better engage with their customers wherever those customers happen to be.” 

“We are excited to partner with this dynamic tech visionary.  NanoLumens stands at the forefront of creating the future of customer engagement through visualization solutions that can be designed, engineered and manufactured in any shape, size or curvature that clients require.  With an impressive list of customers and tremendous growth over the last three years, NanoLumens is a perfect fit for our growth capital,” said Mark McQueen, President & CEO of Wellington Financial.

NanoLumens’ current clients include a broad range of marketers covering the fields of broadcast, casinos, control rooms, convention centers, DOOH, higher education, hospitality, retail, stadiums, and transportation including AIG, Bally’s, CBS Outdoor, CCTV, CNN, Charles Schwab, Coca Cola, Delta Airlines, Estee Lauder, ESPN, GTE Financial, Holt-Renfrew, Invesco, Macy’s, Nike, Terra, Turner, Universal Studios Florida, Uniqlo, and the new World Trade Center Freedom Tower, among many others.