Companies / Potential Motors
Potential Motors
Potential Motors is a robotics and physical AI company based in Fredericton, New Brunswick. It raised a C$2M bridge round in May 2024 from Brightspark Ventures, Build Ventures, New Brunswick Innovation Foundation and others. It shut down in 2025.
AI terrain-aware vehicle control software.
entrevestor.com/home/entry/potential-motors-sells-its-core-technology- HQ
- Fredericton, NB
- Category
- Robotics/
Physical AI - Status
- Shut down
- Disclosed raised
- C$2M
Funding history
| Round | Date | Amount | Investors |
|---|---|---|---|
| Bridge/Extension | May 2, 2024 | C$2M | Brightspark Ventures, Build Ventures, New Brunswick Innovation Foundation, Farpointe Capital. C$2M all-equity seed extension closed April 2024, announced May 2 (CNW; BetaKit May 3), the second extension of the original C$2.5M seed; returning Brightspark Ventures, Build Ventures and NBIF joined by new investor Farpointe; existing backers include TIME Ventures |
Founders
- Sam Poirier, Co-founder & CEO.
Sources
Data as of November 10, 2026.