Turntide

Turntide Technologies has created an advanced electric motor system aimed at significantly reducing electricity consumption and facilitating the shift from fossil fuels. The Smart Motor System utilizes switched reluctance technology enhanced by sophisticated cloud software and IoT connectivity, allowing for precise control and management. This innovative approach helps clients achieve an average reduction of 64% in motor electricity consumption, leading to substantial savings in energy costs associated with space conditioning, maintenance, and refrigeration. Headquartered in Sunnyvale, California, with additional offices in San Francisco, Arlington, and Kennesaw, Turntide serves a diverse range of customers, including leading original equipment manufacturers (OEMs), while striving to eliminate the 25% of global electricity consumption attributed to traditional motors.

5 past transactions

David Energy

Series A in 2022
David Energy is an energy company that leverages advanced technology to transform the way electricity is consumed, managed, and traded. By integrating software and hardware solutions, David Energy aims to optimize energy usage, reduce costs, and increase the adoption of renewable energy sources. By focusing on smart energy management, renewable energy integration, and market participation, David Energy is helping to shape a more sustainable and efficient energy future.

Hyperdrive Innovation

Acquisition in 2021
Hyperdrive Innovation develops innovative technologies to power electric vehicles, homes, and businesses.

Encycle

Venture Round in 2021
REGEN Energy Inc. designs, develops, and markets wireless energy management solutions in Canada and the United States. The company’s products include EnviroGrid swarm-logic controllers, which are attached to electrical loads to communicate and coordinate with each other to reduce electrical demand for commercial, industrial, institutional, and multi-unit residential facilities. Its products are used to control electrical demand for heaters, fans, compressors, chillers, cold storage systems, batter chargers, pumps, and dehumidifiers and humidifiers, as well as for new construction, retrofit, and ongoing building operations.

Riptide IO

Acquisition in 2021
Riptide IO helps large enterprises navigate the transition to an internet-based, data-driven world of integrated device management. Its team has spent the past decade solving complicated issues around connecting and managing devices in building and energy projects worldwide. Riptide IO provides data integration, management, and analysis solutions for the "Things" in IoT. It was founded in 2012 and headquartered in Santa Barbara, California.
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