CIBC Innovation Banking Provides $25 Million in Growth Capital to BinSentry
Canadian Imperial Bank of Commerce (CM)
Last canadian imperial bank of commerce earnings: 2/26 05:53 am
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Source: Business Wire
KITCHENER, Ontario & AUSTIN, Texas--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has provided a $25 million USD financing facility to BinSentry, a Kitchener-Waterloo based technology company helping major agriculture enterprises optimize feed supply chains through AI-powered sensors and real-time monitoring. This capital will support the acceleration of BinSentry’s global expansion.BinSentry combines AI-powered sensors and proprietary software to bring real-time visibility and automation to the animal feed supply chain. Its solar-powered, self-cleaning sensors monitor feed levels on farms with high accuracy, eliminating the need for manual inventory checks and helping prevent feed outages. Paired with a mobile dashboard, the technology allows feed mills and large agricultural businesses to better forecast demand, reduce waste, and improve profitability. BinSentry is used by animal agriculture companies across North America and Brazil.“We’re excited to work with
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Earnings
- 12/4/25 - Beat
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Sec Filings
- 12/19/25 - Form 424B2
- 12/19/25 - Form FWP
- 12/19/25 - Form 424B2
- CM's page on the SEC website