Turntide Technologies
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $3.0m | Seed | |
* | $220k | Grant | |
N/A | $13.1m | Series A | |
N/A | $13.8m | Early VC | |
$31.4m | Series A | ||
$25.0m | Series B | ||
$33.0m | Late VC | ||
* | $80.0m | Late VC | |
$225m | Convertible | ||
* | $80.0m Valuation: $1.0b | Late VC | |
Total Funding | CAD688m |
Recent News about Turntide Technologies
EditTurntide Technologies is a company that operates in the energy efficiency and sustainability industry. They specialize in developing and integrating energy-efficient solutions into various sectors, including transportation and agriculture. Their business model involves partnering with other companies, such as Hitachi, to retrofit existing systems with their innovative technology.
In the transportation sector, Turntide has worked with Hitachi to bring a hybrid rail solution to the market. They have leveraged their deep understanding of cell chemistry and battery systems integration to help Hitachi electrify their existing trains. This partnership has allowed them to tap into the growing market for energy-efficient transportation solutions.
In the agriculture sector, Turntide has developed the Intelligent Barn, a comprehensive dairy farm solution. This system combines hardware, software, and services to optimize the well-being of animals and farm workers, while also improving operational efficiency and sustainability. This offering serves dairy farmers who are looking to improve their operations and reduce their environmental impact.
Turntide's revenue comes from selling their energy-efficient solutions and services to a variety of clients, including energy service companies (ESCOs), original equipment manufacturers (OEMs), utilities, and resellers. They are creating a new ecosystem in the sustainability industry, providing opportunities for companies to improve their energy consumption and environmental footprint.
Keywords: Energy Efficiency, Sustainability, Transportation, Agriculture, Hybrid Rail Solution, Battery Systems Integration, Intelligent Barn, Dairy Farm Solution, Energy Service Companies (ESCOs), Original Equipment Manufacturers (OEMs).