Eocycle

Montreal, Canada Founded: 2000 • Age: 26 yrs
Small wind turbines are developed, manufactured, and commercialized worldwide.
Annual revenue - Latest available
Total funding $24.5M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $24.5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5 M (USD), Debt – Conventional

    Apr 17, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Eocycle

Eocycle offers a comprehensive portfolio of products and services, including S-Series and M-Series.

Product name locked
Category locked
Primary

Turbine for small farms and enterprises energy needs.

Product name locked
Category locked
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Turbine for commercial, industrial, and large agricultural operations.

People of Eocycle

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Richard LEGAULT
President & CEO
People
Bryan Wallis
Vice President & CFO
People
Valérie Rykhoff
Director of Finance
People
David De Bock
Vice President Sales & Marketing Europe

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on investing in clean tech sectors
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SME loans are provided to support business exports.
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Offers savings plans, investments, and financing for businesses and individuals.
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Investor details for Eocycle

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Eocycle

Investments
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Investment portfolio details for Eocycle

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Eocycle

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Detailed financials for Eocycle

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  • Profit trends
  • Statement rows
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Eocycle Comparisons

Eocycle Primary company
Description
Small wind turbines are developed, manufactured, and commerc...
Location
Montreal, Canada
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Eocycle

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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.

Company Name Domain Founded year HQ Location Description
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Wind turbines are manufactured and installed globally by Vestas.
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Utility-scale wind turbines are manufactured for renewable energy applications.
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Wind turbines, towers, and rotor blades are manufactured in-house.
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Manufacturer of wind turbine
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Provider of maintenance & installation services for wind turbines and other components
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Detailed competitors of Eocycle

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Latest news on Eocycle

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Complete news archive for Eocycle

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Eocycle

Eocycle was founded in 2000 and raised its 1st funding round 13 years after it was founded.

Eocycle is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Eocycle is a funded company, having raised a total of $24.5M across 3 funding rounds to date.

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.

Eocycle's top competitors include Siemens Gamesa, Vestas and Huisman.

Eocycle offers S-Series and M-Series.

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