Mike Lazaridis' Infinite Potential Technologies invests in Enevate
Enevate Corp has disclosed that Infinite Potential Technologies LP, a fund affiliated with former Blackberry Ltd co-founder Mike Lazaridis, has provided it with financing. The investment's value was not released. Concurrent with the funding announcement, Enevate, a U.S. advanced rechargeable energy storage technology company, said Lazaridis has joined its board of directors and will contribute to its transition from R&D to mass production. Infinite Potential Technologies forms part of Quantum Valley Investments, a Waterloo, Ontario-based firm established by Lazaridis and Doug Fregin to invest in early-stage quantum technology companies.
2 December 2014•3 mins read
