Tech Company Financing Transactions
Potential Motors Funding Round
invested in a $2 million venture round for Potential Motors. The round was announced on 5/2/2024.
Transaction Overview
Company Name
Announced On
5/2/2024
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
No investors have been recorded for this company.
Proceeds Purpose
The company intends to use the funds to drive commercialization of its AI-powered perception solutions in automotive, powersports, mining and defense sectors.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
3 Timothy Ave. N Unit 12
Hanwell NB, E3C 0E8
Canada
Hanwell NB, E3C 0E8
Canada
Phone
Website
Email Address
Overview
Most of the Electric vehicles today simply meet compliance, with new zero-emission powertrains, yet are still based on mechanical control and human decision-making and reaction times. We can go much farther than this with all electric control and software. Potential Motors develops software that drastically improves the safety and performance of automobiles.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Marcel Lebrun
Chief Executive Officer
Sam Poirier
Chief Operating Officer
Nick Dowling
Chief Scientific Officer
Chris Newton
Chief Technical Officer
Isaac Barkhouse
VP - Bus. Development
Chris Ramsey
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