Pivot Electric Machine Corp.

Pivot EM

Canada · Founded 2021 · $670K raised

Founded
2021
Business Model
B2B
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.

Tech & App Stack

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Funding History

Venture RoundVenture RoundDec 2024
$670K

Investors

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