Vancouver-based startup Miru has successfully raised $27.4 million CAD ($20 million USD) in a Series A funding round to accelerate the commercialization of its innovative electrochromic window technology. The round, which closed in July 2024, was co-led by BDC Capital and TNG Capital Corp., with additional support from Greensoil and other undisclosed investors.
Miru’s electrochromic windows, or “eWindows,” are designed to control heat gain and glare, potentially reducing the need for air conditioning and increasing energy efficiency in buildings by up to 20%. These smart windows automatically adjust to light conditions, offering significant energy savings and extending the range of electric vehicles by 10%.
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Strategic Expansion and Industry Applications
The startup is developing demonstration plants in North America and Europe, with plans to bring its windows to market by 2025. The new funding will support the construction of pilot lines and the development of automotive glass roofs. Miru aims to capitalize on the growing demand for energy-efficient solutions in the architectural, automotive, marine, and aviation sectors.
Leadership and Vision
The Startup is led by CEO and co-founder Curtis Berlinguette, a University of British Columbia professor specializing in advanced materials for alternative energy technologies. The company sees significant potential in the automotive industry, particularly with the rise of electric vehicle regulations in North America.
With this funding, the canadian company is well-positioned to bring its cutting-edge smart window technology to market, offering sustainable solutions for energy efficiency in multiple industries.
