Tech Company Financing Transactions
Potential Motors Funding Round
Build Ventures, Brightspark and New Brunswick Innovation Foundation participated in a $1.8 million Seed funding round for Potential Motors. The round was announced on 5/8/2020.
Transaction Overview
Company Name
Announced On
5/8/2020
Transaction Type
Venture Equity
Amount
$1,800,000
Round
Seed
Investors
Proceeds Purpose
The funds will be used to expand the Potential Motors technical team and accelerate the development of its platform.
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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