Tech Company Financing Transactions
Motiv Power Systems Funding Round
Motiv Power Systems, operating out of Foster City, scored $20 million from Crescent Cove Advisors.
Transaction Overview
Company Name
Announced On
1/18/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This new funding traunch will help Motiv scale operational and manufacturing capabilities to meet demand and continue to provide high-touch customer support.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
330 Hatch Dr.
Foster City, CA 94404
USA
Foster City, CA 94404
USA
Phone
Website
Email Address
Overview
Motiv designs and supplies Power Control Systems which enable electric-drive commercial vehicles to be built as easily as diesel vehicles, while providing clear benefits in operating costs, maintenance, configurability, and emissions reductions.
Management Team
Title
Name
Email & Social
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