VMAC Global Technology
1333 Kipp Road, Nanaimo, BC, V9X 1R3, Canada
Overview
VMAC (Vehicle Mounted Air Compressors), based in Nanaimo, B.C., develops patented mobile air-compressor technology that powers commercial electric vehicle systems such as air brakes. Its compressors are designed to reduce fuel consumption, lower emissions and improve operational efficiency for heavy-duty electric vehicles. The company plans to increase production capacity and expand into new markets to meet growing demand for zero-emission commercial vehicles. With the announced funding, VMAC will expand its manufacturing facility, install new machines, implement a marketing plan and hire additional personnel. Leadership frames the company as a global leader in compressed air innovation supporting the transition to zero-emission commercial transportation. The article does not disclose revenue or other operating metrics.
- Total raised
- $3M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Jun 2024
Industries
- Hardware
- Industrial
- Manufacturing
Recent funding
Equity
Jun 2024
$3M