Current Motor Wins 2015 Michigan MobiPrize

By Daniel I. DeWolf, Samuel Asher Effron

Mintz was excited to see its client, Current Motor, win the second annual Michigan MobiPrize. Presented by NextEnergy and the University of Michigan’s Sustainable Mobility and Accessibility Research and Transformation (SMART), the award honors Michigan-based mobility entrepreneurs who are developing and commercializing innovative mobility solutions in Michigan.

Current Motor is a privately held electric motorcycle and solar charging station manufacturing company with locations in Ann Arbor and Manchester, Michigan. In addition to electric motorcycle and solar charging station applications, Current Motor has developed a mini-fleet-in-a-box technology comprised of four electric motorcycles nested within a solar charging station and built-in batteries for energy storage.

Sponsored by NextEnergy, the Michigan MobiPrize is one in a series of MobiPrizes awarded around the globe. Developed by the University of Michigan’s SMART initiative in 2012, MobiPrize was designed to honor entrepreneurial ventures, as well as city, state, and national governments that are changing the world through sustainable transportation.

RideHop and RightThereWare received honorary mentions for the Michigan MobiPrize. Detroit-based RideHop’s mobile application provides real-time transportation tracking, allowing drivers and riders to plan their commutes more effectively. RightThereWare has developed optimized multi-stop navigation technology that automatically re-routes drivers as traffic conditions change.

Congratulations to Current Motor, which will receive a $5,000 cash prize plus mentorship and networking opportunities and will travel to an award ceremony in New Delhi, India.

 

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MintzTech Connect Industry News - December 2015

December 15, 2015| Article|

Authors

Daniel I. DeWolf

Member / Chair, Technology Practice; Co-chair, Venture Capital & Emerging Companies Practice

Daniel I. DeWolf is an authority on growth companies and serves as Chair of Mintz's Technology Practice Group and Co-chair of the firm’s Venture Capital & Emerging Companies Practice. He has worked on pioneering online capital-raising methods. He also teaches venture capital law at NYU Law School.

Samuel Asher Effron

Member / Co-chair, Venture Capital & Emerging Companies Practice

Samuel Asher Effron assists Mintz clients with venture capital and private equity transactions, helping start-ups with legal and business matters. He has clients in a variety of technology sectors, including video gaming, music, virtual and augmented reality, and consumer electronics.