Tech Company Financing Transactions
Vision Marine Technologies Funding Round
Vision Marine Technologies, based in Boisbriand, Quebec, raised $2 million from Bancroft Capital.
Transaction Overview
Company Name
Announced On
6/14/2023
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
730 Boulevard du Curé-Boivin
Boisbriand, Quebec, J7G 2A7
CA
Boisbriand, Quebec, J7G 2A7
CA
Phone
Undisclosed
Website
Email Address
Overview
Vision Marine Technologies Inc designs and manufactures electric outboard powertrain systems and related technology. The company manufactures hand-crafted, more durable, low-maintenance, environmentally-friendly electric recreational powerboats. Its manufacturing models of electric powerboats include Phoenix 290, Bruce 22, Volt 180, Fantail 217, and Quietude 156. The company's segment includes the Sale of electric boats and the Rental of the electric boat. It generates maximum revenue from the Sale of electric boats segment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexandre Mongeon
Chief Financial Officer
Kulwant Sandher
Chief Technical Officer
Xavier Montagne
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