Mississauga, ON, September 8, 2021 – Baanto International Ltd. is proud to join BDC Capital’s Intellectual Property (IP) Backed-Financing Fund. The Fund provides customized, patient capital in the form of debt, quasi-equity, and equity to scaling Canadian companies in knowledge-based industries. Joining the BDC Capital family will aid Baanto in expanding their R&D team, delivering new products into the industrial, medical, and military markets, as well as improving their logistics and manufacturing capabilities.

“Becoming a BDC Capital client is an incredible achievement for the entire team at Baanto,” says Av Utukuri, Chief Executive Officer, Baanto. “This is a testament to how hard the team has worked, especially during the pandemic. It will allow us to continue to keep our technology competitive and our customer’s needs at the forefront.”

Founded in 2009, Baanto’s mission has been to invent and commercialize next-generation touch screen products based on its proprietary ShadowSense technology. Touch screens based on this unique technology address many of the shortcomings of other competing technologies. ShadowSense based touch screens can easily scale in size from 10” diagonal to over 200” in size, perform without failure in mission-critical applications such as cockpit avionics and surgical instrumentation, and are capable of achieving the highest standards and certifications. Baanto has launched several industry-leading solutions using this trademarked ShadowSense technology and prides itself not only on an innovative product but also on outstanding customer service and support.

“We have witnessed how Baanto’s ShadowSense IP solves complex problems and creates long-term value for customers,” says Lally Rementilla, Managing Partner at BDC Capital. “This unique technology offers advantages for customers in the ruggedized and industrial fields. BDC Capital is proud to support a company that has such strong patent and technology leadership.”