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Potential Motors secures $2 million to commercialize terrain-perception software for off-road vehicles BetaKit

Fredericton AutoTech startup Potential Motors has closed another $2 million CAD in seed funding, largely from existing investors, to fuel commercialization.

Potential Motors: Potential secures additional $2M to drive AI-powered terrain perception technologies to market

Potential secures $2M to improve ADAS technologies through AI

The latest funding will be used to drive commercialization of Potential's AI-powered perception solutions in automotive, powersports, mining and defense sectors, following years of intensive R&D.

TrojAI raises $5.75M in seed funding to support its AI ambitions

The additional capital will help TrojAI build on its success, grow, and continue to enable enterprises to secure AI models and applications.

With $7.75 million CAD, new CEO, Boston office, TrojAI looks to expand operations

Incoming CEO Lee Weiner was previously senior executive at Boston-based Rapid7 for 11 years.