
MacKinnon, Bennett & Company
1 Place Ville Marie, Suite 3670, Montréal, QC, H3B 3P2, Canada
Overview
MKB is a Montreal-based merchant bank that sources, structures and manages private investments in renewable energy, urban infrastructure services and related sectors for its own account as well as for high net worth individuals, family offices, corporate clients and institutional investors. They target attractive risk-adjusted returns through investments in markets including solar energy, intelligent transportation, LED lighting and energy storage.
- Total investments
- 13
- Lead investments
- 3
- Investments · 12mo
- 1
- Active investors
- 5
Investment portfolio
- Rockit Motors
Participated · Equity · Apr 2026
Rockit Motors manufactures electric motors, generators, stators, rotors and related components for OEMs and Tier 1 suppliers in power generation, rail, e-mobility and industrial sectors. The company operates facilities in the United States, Canada and Mexico and positions itself as a scalable North American production partner for customers launching or transferring electric motor and generator production. In 2025 Rockit acquired Motors Coils Mfg. Ltd. to strengthen its rail traction motor aftermarket services. Management says recent financing of more than US $47 million will be used for co-investments in tooling, machinery and equipment and for strategic hiring across Sales, Engineering and Program Management to support growth. Rob Briscoe remains the majority owner and CEO, and the company has emphasized accelerating its North American expansion and manufacturing capabilities with support from its new financial partners.
- Circuit
Led · Series B · Feb 2025
Circuit provides short-trip, electric shuttle solutions and a proprietary tech platform that runs microtransit services for cities, properties and businesses. The company focuses on reducing congestion and emissions while improving access and rider experience through on-demand, tech-driven routing and operations. Circuit operates in over 40 cities and has delivered more than 9 million eco-friendly rides, moving over 1.9 million passengers in the past year and avoiding more than 1,050 metric tons of GHG emissions. In 2024 it expanded into markets including Orlando, Avalon, Boca Raton and Long Beach while growing programs in San Diego, New York, West Palm Beach, Fort Lauderdale and Huntington Beach. The company plans to use new capital to expand partnerships, enhance its proprietary technology, shorten rider wait times, add new features, and create opportunities for advertising partners. Circuit partners with municipalities, developers and advertisers to deliver turnkey, scalable last-mile transit solutions tailored to urban and property needs. Circuit is a New York-based provider of an on-demand electric shuttle service and micro-transit solution founded and led by James Mirras and Alex Esposito in 2011. The company uses fleets of cars and partnerships with municipalities, developers, and advertising partners to fulfill first/last-mile needs. Circuit operates in cities across NY, FL, CA, NJ, CO, MA, and TX and has provided over 6 million rides. The business raised $11M in a Series A round to scale operations. Proceeds are intended to grow the team, enhance the company’s technology, and expand into more markets. The company began as a pet project in its founders' hometown and has since expanded to multiple U.S. states.
- Raptor Maps
Participated · Series C · Dec 2024
Raptor Maps develops an integrated operating system for the solar industry called Raptor Solar, which provides a system of record and workflows for asset owners to build, manage, and operate solar sites. The company’s recent product, Raptor Solar Sentry, orchestrates solar operations and maintenance work by people and robotics and is said to enable double-digit gains on financial returns. Raptor Solar aims to improve asset resilience and energy yield while reducing risk and costs for owners. The company plans to accelerate product development with a focus on solar automation, work management, and machine-learning insights. Raptor Maps also intends to expand its team with further investment in software engineering and data science. The announcements frame the company as positioned to help scale solar energy and improve portfolio performance globally. Raptor Maps builds Raptor Solar, a software-as-a-service platform that standardizes and analyzes data across the entire solar lifecycle, from financing and development through operations. The platform serves as an auditable system of record with digital twins, aerial thermal inspection analytics, serial number mapping, warranty claim features, equipment records and mobile productivity tools. Subscribers can quantify financial loss, benchmark portfolios against a global database and streamline warranty and supply-chain verification. Its insights are powered by machine learning and an industry-leading data model created from over 50 GW of solar across 40 countries; the company’s 2022 Global Solar Inspection Report found 2.6% of solar power is affected by anomalies. Customers include large owners, operators and builders such as Tesla, SOLV Energy, Rosendin Electric, Cypress Creek Renewables and McCarthy. The company plans to accelerate hiring and invest in product, software and data science to add workflow automation, work orders, investor reporting and ML-driven insights; Raptor Maps is based in Boston and is a Y Combinator alumnus with founders from MIT. Raptor Maps is a Boston, MA-based solar software company that provides a solar lifecycle management platform used for project finance, development and asset management across the industry. Led by co-founder and CEO Nikhil Vadhavkar, the company has managed the project finance and asset management of over 25 GW in 35 countries. Its customer base includes Enel Green Power, Greenbacker Renewable Energy, McCarthy Building Companies, QE Solar, SOLV and several publicly traded solar panel manufacturers. Raptor Maps raised $5M in a Series A and will use the funding to build on its software platform and expand its business reach. The platform supports multiple segments of the solar value chain from developers to asset owners and O&M providers. Raptor Maps is a Cambridge, Massachusetts–based developer of a drone-enabled technology platform for agriculture. The company provides farmers with a system combining drones, tractor-mounted sensors and software to map, analyze and measure crop quality during the growing season. Its tools help growers make more informed decisions, reduce unnecessary cost and labor, and run statistical A/B testing on chemicals, fertilizers, seed types and techniques. Raptor Maps is led by CEO Nikhil Vadhavkar. The firm is developing a software tool designed to work across all crops. Financially, the company received an investment from Airware’s Commercial Drone Fund (amount undisclosed).
- FLO
Participated · Series E · Jun 2024
FLO is a Quebec City–based operator of EV charging networks and a provider of smart charging hardware and software. The company offers more than 100,000 fast and Level 2 charging stations that facilitate over 1.5 million charging events each month at public, private, and residential locations. Its vertically integrated model spans hardware manufacturing, software, and network operations, aiming to deliver a seamless driver experience. FLO is expanding its portfolio with the NEVI and Buy America–compliant FLO Ultra fast charger and the next generation of FLO Home residential chargers. The business maintains facilities in both Michigan and Quebec to support North American deployment. Current growth plans focus on accelerating network expansion in the U.S. and Canada and advancing new product rollouts, funded by its latest capital raise. By broadening geographic reach and product offerings, FLO seeks to boost EV adoption and combat climate change.
- Mara Renewables
Participated · Equity · May 2022
Mara Renewables develops sustainable plant-based nutritional and nutraceutical ingredients using a portfolio of microalgal strains and environmentally friendly extraction methods to produce high-quality algal oil. Its ingredients are approved by multiple regulatory and certification bodies, including The Non-GMO Project, Health Canada and the European Food Safety Authority. The company supplies global customers in infant nutrition, supplements, and food & beverage. Mara’s teams span Canada and the UK, with headquarters in Dartmouth, Nova Scotia. Led by CEO Arturo Ania, the company plans to use new capital to expand R&D initiatives into commercial products. The article reports the company completed a growth equity raise of $39.9M.