On December 14, 2021, eLeapPower announced its $21 million Series A financing round. The round was led by BDC Capital’s Cleantech Practice and a consortium of pension funds, including the pension trust funds for the Electrical Industry of Ottawa and Quinte St. Lawrence Electrical Workers. With its latest round, eLeapPower has raised a total of $32.6 million CAD to date.
Founded in 2016, eLeapPower is a Toronto-based startup that has developed a suite of trail-blazing powertrain technologies for zero-emission electric vehicles.
Osler, Hoskin & Harcourt LLP advised eLeapPower with a team led by Shahir Guindi and consisting of Calvin Leung and Samuel Cantin (Corporate).