About Eocycle
Eocycle is an Energy & Utilities company based in Montreal (Canada) founded in 2000. Small wind turbines are developed, manufactured, and commercialized worldwide. 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. Its focus areas include Energy, Wind Energy, Hardware Developer and Turbines.
Company details
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.
- Headquarters Montreal, Canada
- SectorsEnergy & Utilities
- Email••••••••
- Website eocycle.com
- Social LinkedIn YouTube
- Total Equity Funding$24.5M (USD)
in 3 rounds
- Latest Funding Round$5M (USD), Debt – Conventional
Apr 2024
- InvestorsExport Development Canada
& 3 more
Products & Services of Eocycle
Eocycle offers a comprehensive portfolio of products and services, including S-Series and M-Series.
Turbine for small farms and enterprises energy needs.
Turbine for commercial, industrial, and large agricultural operations.
Apps and channels of Eocycle
its YouTube channel Eocycle has 64 subscribers and 26 videos.
Videos from Eocycle
The most watched videos on Eocycle's YouTube channel, Eocycle (64 subscribers). Click a video to play it here.
More on Eocycle.
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 $24.5M
- Total Rounds 3
- Last Round Debt – Conventional — $5M
- First Round $4.5M
(Mar 2013)
- Investors Count 4
All 3 funding rounds of Eocycle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2024 | $20M | Series A | – | Export Development Canada, Fonds de solidarite FTQ | – |
| Apr 2024 | $5M | Debt – Conventional | – | – | |
| Mar 2013 | $4.5M | Seed | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on investing in clean tech sectors | sdtc.ca | Ottawa, Canada | ||
SME loans are provided to support business exports. | 1944 | edc.ca | Ottawa, Canada | |
Offers savings plans, investments, and financing for businesses and individuals. | 1983 | fondsftq.com | Montreal, Canada | |
Business guidance for corporate companies and startups | investquebec.com | Quebec City, Canada |
Investor details for Eocycle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Eocycle
5 people are tracked at Eocycle (5 in leadership).
| Name | Role | Group |
|---|---|---|
Richard LEGAULT | President & CEO | Leadership |
Bryan Wallis | Vice President & CFO | Leadership |
Valérie Rykhoff | Director of Finance | Leadership |
David De Bock | Vice President Sales & Marketing Europe | Leadership |
Philippe Havelange | Managing Director Europe | Leadership |
Complete people profiles for Eocycle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Eocycle
3 dated milestones of Eocycle across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Eocycle is founded.
- Funding First funding round of $4.5M.
- Funding Latest funding round, Debt – Conventional, of $5.0M.
Web traffic of Eocycle
The website of Eocycle (eocycle.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 46.3% vs previous month
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Related news about Eocycle
Complete news archive for Eocycle
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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. The company's 1st funding round was a Seed of $4.5M, raised on Mar 2013.
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 offers S-Series and M-Series.
Eocycle has 4 investors. Key investors include Export Development Canada, Fonds de solidarite FTQ, Invest Quebec, and Sustainable Development Technology Canada.