Eocycle develops, manufactures, and commercializes wind turbines for distributes wind energy applications.
Eocycle Technologies Inc. develops, manufactures and commercializes worldwide the EOCYCLE 25, a state-of-the-art 25 kW direct-drive wind turbine for distributed wind energy applications.Capitalizing on more than 12 years of internal R&D and prototyping, Eocycle Technologies stands out from its peers by being an integrated technology and manufacturing company.Eocycle Technologies holds all intellectual property and commercial rights for every key component of its wind turbine, including Eocycle’s patented Transverse Flux Permanent Magnet (TFPM) generator technology, which is capable of achieving – in a smaller and lighter package – much higher torque and power at lower rotational speeds than competing technologies.Eocycle Technologies relies on a world-class management and technical team which bring decades of complementary engineering, production and utility-scale wind industry experience, and on a network of well-established North American and European partners and suppliers.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 1, 2020 | Series Unknown | $9.70M | 3 | Investissement Quebec | — | Detail |
Sep 26, 2017 | Grant | $1.50M | 1 | — | — | Detail |
Feb 6, 2017 | Debt Financing | $1.60M | 1 | — | — | Detail |
Feb 6, 2017 | Grant | $100K | 1 | — | — | Detail |
Nov 9, 2016 | Series Unknown | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Investissement Quebec | Yes | Series Unknown |
Windev Corp | — | Series Unknown |
Anges Quebec | — | Series Unknown |
Economic Development of Canada | — | Grant |
Ministry of Economy and Innovation | — | Grant |
Cycle Capital | — | Series Unknown |
Federal Government | — | Grant |
Government of Canada | — | Grant |