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Infinitum Electric, developer of ultra high-efficiency, durable, lightweight and cost-effective electric motors, built with patented printed circuit board stator technology and integrated control systems, has closed a $1.8 million Series A round of financing, led by Cottonwood Technology Fund. To date, Infinitum has received a total of $2.7 million in funding, and plans to leverage the new financing to launch an HVAC-specific, fully-integrated motor. Infinitum will also use the new funding to increase research and development efforts for applications in the Electric Vehicle and Oil and Gas markets.

Meo Electric is a turnkey provider of electric vehicle charging solutions, specialized in helping businesses take advantage of government funding opportunities to support the adoption of EVs in Canada.

Last month, the Ministry of Transportation of Ontario announced the $5 million Workplace Electric Vehicle Charging Incentive Program (WEVCIP). The program aims to promote sustainable transportation and increase the uptake of EVs by helping workplaces, building owners, and building managers install electric vehicle charging stations.Last month, the Ministry of Transportation of Ontario announced the $5 million Workplace Electric Vehicle Charging Incentive Program (WEVCIP). The program aims to promote sustainable transportation and increase the uptake of EVs by helping workplaces, building owners, and building managers install electric vehicle charging stations.

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