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Nfi Announces Financing From Prairiescan To Support Innovation Of Zero-Emission Bus And Coach Offerings And Expansion Of Manitoba Production Capabilities

Dec 18, 2023

Round Type

Funding Round

WinnipegManufacturingTransportation

Description

NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today held an event at its Motor Coach Industries (“MCI”) motor coach manufacturing facility in Winnipeg to formally announce a C$10 million investment from Prairies Economic Development Canada (“PrairiesCan”) to support the expansion of NFI’s zero-emission heavy-duty transit and coach offerings, as well as modernization upgrades to the MCI facility.

Quick answer

NFI Group raised an undisclosed amount in a Funding Round round, dated December 18, 2023. NFI Group is based in Winnipeg, Manitoba, Canada.

How much did NFI Group raise?
NFI Group raised an undisclosed amount in a Funding Round round on December 18, 2023.
What does NFI Group do?
NFI Group Inc. is a leading independent global bus and coach manufacturer and a leader in electric mass mobility solutions.
Where is NFI Group based and how big is it?
NFI Group is based in Winnipeg, Manitoba, Canada. Fundz records about 8,900 employees.
Who are the decision-makers at NFI Group?
Fundz holds 1 contact at NFI Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Manufacturing around the same time

Companies in the same sectors as NFI Group that raised within 45 days of this round, from Fundz verified event records.

  • Vision Marine Technologies raised $2.9M (Seed) on December 21, 2023.
  • XTI Aerospace raised $2.5M on December 15, 2023.
  • Hadrian raised $86M on December 11, 2023.
  • Duos Technologies raised $2.5M (Seed) on November 10, 2023.
  • FREEWIRE TECHNOLOGIES, INC. raised $29M on November 6, 2023.
  • 5E Advanced Materials raised $7.8M on February 1, 2024.

Who to call at NFI Group, and when

A new round usually means NFI Group is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

NFI Group

Location

Winnipeg, Manitoba, Canada

About

NFI Group Inc. is a leading independent global bus and coach manufacturer and a leader in electric mass mobility solutions. With over 8,500 team members in ten countries, NFI offers the widest range of sustainable drive systems available, including zero-emission electric, natural gas, electric hybrid, and clean diesel.

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NFI Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.