How much funding has Pivot Electric Machine Corp. raised?

Pivot Electric Machine Corp. has raised $670K in total funding, most recently a Venture Round.

Who are Pivot Electric Machine Corp.'s investors?

Pivot Electric Machine Corp.'s investors include Plug and Play.

When was Pivot Electric Machine Corp. founded?

Pivot Electric Machine Corp. was founded in 2021.

Where is Pivot Electric Machine Corp. headquartered?

Pivot Electric Machine Corp. is headquartered in Alberta, Canada.

What industry is Pivot Electric Machine Corp. in?

Pivot Electric Machine Corp. operates in Sustainability.

Pivot Electric Machine Corp.

Canada · Founded 2021 · $670K raised

Sustainability

Headquarters: Alberta
Founded: 2021
Business Model: B2B
Website: pivotemcorp.com

Total Funding: $670K
Last Round: $670K Venture RoundDec 2024
Rounds: 1

About

Pivot Electric Machines Corp (PEM), founded in September 2021 in Alberta, Canada, builds new and retrofits existing heavy mining and construction equipment with next-generation battery-electric power systems. The company converts diesel-powered heavy haul trucks and underground mining vehicles to reduce operating costs and carbon emissions, targeting the multi-billion-dollar remanufacturing and heavy equipment markets.

Summary

Pivot Electric Machine Corp. is a Sustainability company based in Canada, founded in 2021. It has raised $670K in total across 1 round, most recently a $670K Venture Round round in Dec 2024. Investors include Plug and Play.