Miru Smart Technologies
Overview
Miru Smart Technologies is a cutting-edge technology company based in Vancouver, Canada, specializing in the development of electrochromic windows, also known as eWindows. These smart windows are designed for applications across various industries, including transportation, architecture, marine, and aviation. Miru was founded in 2012 by Curtis Berlinguette, a professor at the University of British Columbia, and has recently raised $20 million in Series A funding to advance its innovative window technology.
Recent Developments
- October 2024: Miru Smart Technologies announced a strategic partnership with Mativ to develop a novel lamination interlayer for dynamic electrochromic windows. This collaboration aims to simplify the manufacturing process and lower production costs globally.
- August 2024: The company closed a $20 million Series A financing round, co-led by the Business Development Bank of Canada and TNG Capital Corp. The funds will be used to accelerate the commercialization of eWindows for automotive and architectural markets.
- July 2024: Miru showcased its eWindows at the International Glasstec trade show in Germany, highlighting the energy-saving potentials of its technology.
- April 2024: Vivian Kan and Kieron Hayes were appointed to Miru's Board of Directors to support its strategic growth initiatives.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2012 |
| Headquarters | Vancouver, BC, Canada |
| Founders | Curtis Berlinguette, Simon Trudel |
| Revenue | Not Disclosed |
| Profits | Not Disclosed |
| Key Investors | BDC Capital, TNG Capital Corp, Greensoil Proptech Ventures |
| Industry | Smart Glass Technology |
| Number of Employees | Approximately 44 |
Early History
Miru Smart Technologies was founded in 2012 with the vision of transforming how windows are used in buildings and vehicles by leveraging advanced electrochromic technology. Initially developed at the University of British Columbia, the company focused on creating a cost-effective production process that could be easily integrated into existing glass manufacturing systems. Early prototypes were well-received, leading to strategic partnerships and initial funding rounds that positioned Miru to pursue larger markets.
Company Profile and Achievements
Miru developed its proprietary electrochromic window technology, which allows windows to dynamically adjust tint in response to environmental conditions or user preferences. Key achievements include:
- 2024 Series A Financing Round: Secured $20 million to enhance production capabilities.
- Strategic Partnerships: Collaborated with Mativ for innovative lamination interlayer development, enhancing the market viability of Miru's eWindows.
- Global Expansion: Plans to introduce 10 million square feet of eWindows to global markets by 2028, with demonstration plants across North America and Europe.
- Technological Milestones: Developed a patented process for producing electrochromic windows that significantly reduce energy consumption in buildings and extend electric vehicle ranges.
Current Operations and Market Position
Miru Smart Technologies continues to lead in the smart glass industry with a focus on sustainability and energy efficiency. Its current operations include the development and deployment of dynamic electrochromic glass technologies in the residential, automotive, and commercial sectors. With a growing presence in Europe and North America, Miru aims to capitalize on the rising demand for energy-efficient solutions amid increasing regulatory pressures.
Conclusion
Miru Smart Technologies is poised to significantly impact the smart glass market with its innovative eWindows, offering substantial energy savings and enhanced building and vehicle performance. The company's recent strategic partnerships and successful funding rounds align with its mission to reduce carbon emissions and improve energy efficiency globally. As Miru continues to expand its market presence, it is well-positioned to become a leader in sustainable and smart building solutions.