Halifax’s Coloursmith Labs Secures $2 Million Investment


HALIFAX—Halifax startup Coloursmith Labs Inc. has secured $2 million in equity funding, lead by an investment from Atlantic Canadian investment fund Sandpiper Ventures.

Coloursmith, which was founded by Dalhousie University grad Gabrielle Masone, is developing “breakthrough” optical filtering technology that lets it create a wide variety of optical filters for eyeglass and contact lenses.

Specifically valuable are the firms’ products targeting colour enhancement and hazardous light protection.

“Optical filters are ingredients central to new product development in the vision care industry today,” says Morrgan Payne, CTO of Coloursmith. “These filters can be used to create innovative eyeglass and contact lens products that push the boundaries of human sight.”