About Eddyfi Technologies
Eddyfi Technologies is a company based in Quebec City (Canada) founded in 2009 was acquired by ESAB Corporation in February 2026. Eddyfi Technologies has raised $122.92 million across 2 funding rounds from investors including NovaCap, Caisse de depot et placement du Quebec and ESAB Corporation. Eddyfi Technologies has completed 7 acquisitions, including Inuktun, M2M-NDT and Silverwing. Eddyfi Technologies offers products and services including Phased Array Ultrasonic Testing and Eddy Current Array.
- Total Equity Funding$122.92M (USD)
in 2 rounds
- Latest Funding Round$122.92M (USD), Series C
Feb 2020
- InvestorsNovaCap
& 2 more
- Investments & AcquisitionsInuktun
& 6 more
- Acquired byESAB Corporation
(Feb 2026)
Products & Services of Eddyfi Technologies
Eddyfi Technologies offers a comprehensive portfolio of products and services, including Phased Array Ultrasonic Testing and Eddy Current Array.
This technology is utilized for detecting internal defects and corrosion in materials across various industries
This method is employed to identify surface and subsurface flaws in conductive materials without causing damage
Apps and channels of Eddyfi Technologies
its YouTube channel Eddyfi Technologies has 4.98K subscribers and 30 videos.
Videos from Eddyfi Technologies
The most watched videos on Eddyfi Technologies's YouTube channel, Eddyfi Technologies (4.98K subscribers). Click a video to play it here.
More on Eddyfi Technologies.
Funding Insights of Eddyfi Technologies
Eddyfi Technologies has successfully raised a total of $122.92M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $122.92 million completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $122.92M
- Total Rounds 2
- Last Round Series C — $122.92M
- Investors Count 2
All 2 funding rounds of Eddyfi Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $122.92M | Series C | – | Novacap | |
| Mar 2017 | – | Series B | – | Caisse de depot et placement du Quebec | – |
3 investors in total: 3 institutional.
Investors in Eddyfi Technologies
Eddyfi Technologies has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include NovaCap, Caisse de depot et placement du Quebec and ESAB Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Acquisitions are targeted by Novacap, a private equity firm. | 1981 | novacap.ca | Brossard, Canada | |
Investment strategies are provided across diverse asset classes and markets. | 1965 | cdpq.com | Quebec City, Canada | |
- | – | esabcorporation.com | - |
Investor details for Eddyfi Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Eddyfi Technologies
Eddyfi Technologies has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Inuktun, M2M-NDT and Silverwing.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Robotic crawlers for remote inspections in hazardous areas are developed. | inuktun.com | Nanaimo, Canada | 1989 | Feb 2019 | •••• | |
Ultrasound phased-array equipment for NDT is manufactured by M2M. | m2m-ndt.com | Quebec, Canada | 2003 | May 2018 | •••• | |
Non-destructive testing inspection services are provided to industrial clients. | tscndt.com | Cape Town, South Africa | 2015 | May 2017 | •••• | |
ACFM technique is applied for non-destructive crack detection in components. | tscinspectionsystems.com | Milton Keynes, United Kingdom | 1984 | May 2017 | •••• | |
Robotic solutions and NDT instruments for asset inspection are manufactured. | tscis.com | London, United Kingdom | 1984 | May 2017 | •••• | |
Industrial subcontracting services are provided in Quebec City, Canada. | usinageipn.com | Quebec, Canada | 0 | Jun 2016 | •••• | |
Distributor of natural Caribbean health and beauty products | silverwingndt.com | Swansea, United Kingdom | 1983 | May 2016 | •••• |
Complete acquisition details for Eddyfi Technologies
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Eddyfi Technologies
11 dated milestones of Eddyfi Technologies across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Eddyfi Technologies is founded.
- Acquisition Acquires Silverwing.
- Acquisition Acquires usinageipn.
- Funding First funding round.
- Acquisition Acquires TSC NDT.
- Acquisition Acquires TSC Inspection.
- Acquisition Acquires TSC Inspection Systems.
- Acquisition Acquires M2M-NDT.
- Acquisition Acquires Inuktun.
- Funding Latest funding round, Series C, of $122.9M.
- Exit Acquired by ESAB Corporation.
Web traffic of Eddyfi Technologies
The website of Eddyfi Technologies (eddyfi.com) receives about 56.7K visits a month.
- Monthly visits56.7K
▼ 30.8% vs previous month
Websites whose visitors overlap most with Eddyfi Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ndt.net | ndt.net | 100% | – | #293,157 | – |
| lmats.com.au | 92% | – | #3,119,820 | View details | |
| inspectioneering.com | 87% | – | #603,869 | View details | |
twisoftware.com | twisoftware.com | 86% | – | – | – |
| extende.com | 86% | 2.9K | #5,840,629 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Eddyfi Technologies
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Eddyfi Technologies
Eddyfi Technologies was founded in 2009 and raised its 1st funding round 8 years after it was founded.
Eddyfi Technologies is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Eddyfi Technologies is a funded company, having raised a total of $122.92M across 2 funding rounds to date.
Eddyfi Technologies was founded in 2009 in Quebec City, Canada. Non-destructive testing (NDT) technologies and robotic solutions are developed and manufactured for inspecting critical assets in various industries. Instruments, sensors, and software are offered to support phased array ultrasonic testing, eddy current array, and other electromagnetic and ultrasonic methods. Assistance is provided to clients across the full inspection workflow, with operations focused on industrial sectors globally.
Eddyfi Technologies offers Phased Array Ultrasonic Testing and Eddy Current Array.
Eddyfi Technologies has made 7 acquisitions, including Inuktun, M2M-NDT, and Silverwing.
Eddyfi Technologies has 3 investors. Key investors include NovaCap, Caisse de depot et placement du Quebec, and ESAB Corporation.
Eddyfi Technologies operates through Eddyfi Technologies.
Yes. Eddyfi Technologies was acquired by ESAB Corporation in February 2026.