Fredericton-based ASETS-CA Inc. has closed a funding round led by Accel, Quantum Edge, and Deepak Group to enhance its engineering design software. The funding's total amount remains undisclosed.

Jul 22, 2025•3 days ago

Round Type

PRE-SERIES A

FrederictonArtificial IntelligenceSoftware

Investors

Deepak GroupQuantum EdgeAccel

Description

Fredericton-based ASETS-CA Inc. has closed a funding round from strategic investors to enhance its engineering design software and increase sales. The “Pre-Series A funding round” was led by venture capital firms Accel and Quantum Edge as well as Deepak Group. ASETS-CA plans to use the new capital to accelerate deployment of its Integrated Design Suite platform

Company Information

Company

ASETS-CA

Location

Fredericton, New Brunswick, Canada

About

ASETS-CA Inc. is a Fredericton-based company that specializes in engineering design software, enhancing workflow for users involved in 3D computer-assisted design (CAD). The firm’s lead product, Integrated Design Suite (IDS), automates structural design processes and ensures compliance with building codes. Founded in Luxembourg in 2023, ASETS-CA has relocated to New Brunswick to prepare for commercialization and has established agreements with major customers. The company leverages proprietary AI technologies to significantly improve data extraction times and design accuracy.

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fredericton-based ASETS-CA Inc. has closed a funding round led by Accel, Quantum Edge, and Deepak Group to enhance its engineering design software. The funding's total amount remains undisclosed.

Investors

Description

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