About Eocycle
Eocycle is a company based in Montreal (Canada) founded in 2000.. Eocycle has raised $24.5 million across 3 funding rounds from investors including Export Development Canada, Fonds de solidarite FTQ and Invest Quebec. Eocycle offers products and services including S-Series and M-Series. Eocycle operates in a competitive market with competitors including Vestas, Siemens Gamesa, Elsewedy Electric, Goldwind and Huisman, among others.
- Headquarter Montreal, Canada
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.5 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Debt – Conventional
Apr 17, 2024
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Investors
Export Development Canada
& 3 more
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Employee Count
Employee Count
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Products & Services of Eocycle
Eocycle offers a comprehensive portfolio of products and services, including S-Series and M-Series. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Turbine for small farms and enterprises energy needs.
Turbine for commercial, industrial, and large agricultural operations.
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Funding Insights of Eocycle
Eocycle has successfully raised a total of $24.5M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $5.0M
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First Round
First Round
(12 Mar 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Eocycle | Valuation | Export Development Canada , Fonds de solidarite FTQ |
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| Apr, 2024 | Amount | Debt – Conventional - Eocycle | Valuation |
investors |
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| Mar, 2013 | Amount | Seed - Eocycle | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Eocycle
Eocycle has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Export Development Canada, Fonds de solidarite FTQ and Invest Quebec. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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SME loans are provided to support business exports.
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Founded Year | Domain | Location | |
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Offers savings plans, investments, and financing for businesses and individuals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eocycle
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Eocycle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eocycle Comparisons
Competitors of Eocycle
Eocycle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vestas, Siemens Gamesa, Elsewedy Electric, Goldwind and Huisman, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wind turbines are manufactured and installed globally by Vestas.
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| domain | founded_year | HQ Location |
Utility-scale wind turbines are manufactured for renewable energy applications.
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| domain | founded_year | HQ Location |
Wind turbines, towers, and rotor blades are manufactured in-house.
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| domain | founded_year | HQ Location |
Manufacturer of wind turbine
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| domain | founded_year | HQ Location |
Provider of maintenance & installation services for wind turbines and other components
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eocycle
Frequently Asked Questions about Eocycle
When was Eocycle founded?
Eocycle was founded in 2000 and raised its 1st funding round 13 years after it was founded.
Where is Eocycle located?
Eocycle is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Eocycle a funded company?
Eocycle is a funded company, having raised a total of $24.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Mar 12, 2013.
What does Eocycle do?
Eocycle was founded in 2000 in Montreal, Canada, within the renewable energy sector. Operations center on the development, manufacturing, and global commercialization of the EOCYCLE 25, a 25 kW direct-drive wind turbine designed for distributed energy applications. Patented Transverse Flux Permanent Magnet generator technology is employed to deliver enhanced torque and power at reduced speeds, all within a compact and lightweight structure.
Who are the top competitors of Eocycle?
Eocycle's top competitors include Siemens Gamesa, Vestas and Huisman.
What products or services does Eocycle offer?
Eocycle offers S-Series and M-Series.
Who are Eocycle's investors?
Eocycle has 4 investors. Key investors include Export Development Canada, Fonds de solidarite FTQ, Invest Quebec, and Sustainable Development Technology Canada.