What is Tig/m?
Tig/m is at the forefront of modernizing urban mobility through its advanced light rail transport systems. The company distinguishes itself by offering battery-dominant hydrogen/electric propulsion systems for its heritage-style trams, which operate without the need for external power infrastructure. This unique technology allows for rapid installation and robust performance, catering to municipalities and transit authorities seeking efficient and sustainable transportation alternatives. Their focus on combining vintage aesthetics with cutting-edge technology positions them as a key player in the evolving landscape of public transit.
How much funding has Tig/m raised?
Tig/m has raised a total of $415K across 2 funding rounds:
Debt
$150K
Debt
$265K
Debt (2020): $150K with participation from PPP
Debt (2021): $265K led by PPP
Key Investors in Tig/m
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Tig/m?
With the recent influx of capital, Tig/m is poised for accelerated growth and expansion. The large-scale, late-stage funding suggests a strategic move towards scaling production, enhancing research and development, and potentially expanding its market reach. This investment will likely enable Tig/m to further refine its unique propulsion systems and increase the deployment of its sustainable tram solutions in urban centers globally. The company's trajectory indicates a strong commitment to addressing the growing demand for eco-friendly and efficient public transportation infrastructure.
See full Tig/m company page
