Moment Energy Inc. (Moment Energy), one of North America’s leading EV battery repurposing companies, announced it has raised a US$40 million Series B funding round, bringing its total funding to more than US$100 million. The round was led by Canadian VC firm Evok Innovations, with additional funding from Liberty Mutual Investments, W23 Global Fund, and Acario (the corporate venture capital arm of Tokyo Gas), joining existing investors like Amazon’s Climate Pledge Fund and In-Q-Tel.
Fasken advised Moment Energy with a team led by Jon Conlin (Emerging Technology and Venture Capital) and included Brock Euper (Emerging Technology and Venture Capital) and Kulshan (Shawn) Mahal (Emerging Technology and Venture Capital).
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