National Bank of Canada joins $47 million USD Rockit Motors financing round
PUBT · 1d ago
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- Rockit Motors secured more than USD 47 million in combined equity and debt facilities with MKB Equity Partners, National Bank of Canada, and BDC Capital.
- Funding targets expansion of electric motor and generator manufacturing capacity across North America.
- Rockit Motors plans to use proceeds for co-investments in tooling and equipment.
- Capital also supports hiring across sales, engineering, and program management.
- President and CEO Rob Briscoe retained majority ownership and control under transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Bank of Canada published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604151503PR_NEWS_USPR_____TO35372) on April 15, 2026, and is solely responsible for the information contained therein.
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