Turntide

Turntide focuses on advancing sustainable technologies aimed at reducing energy consumption and operational costs across various sectors, including buildings, agriculture, and electric transport. Founded in 2013 and based in Sunnyvale, California, the company has created an innovative electric motor system that utilizes switched reluctance technology, managed through sophisticated cloud software. This system is designed to address the significant energy waste associated with traditional electric motors, which account for a substantial portion of global electricity consumption. By integrating Internet of Things (IoT) capabilities, Turntide's solutions enable clients to achieve significant savings in energy costs related to space conditioning, maintenance, and refrigeration, thereby promoting a transition to 100% renewable energy and reducing reliance on fossil fuels.

Michael Karim

CFO and COO

8 past transactions

Royal De Boer

Acquisition in 2022
Manufactures Barn Equipments

David Energy

Series A in 2022
David Energy is an innovative energy company focused on transforming electricity consumption and management through advanced technology. It develops an energy management platform that assists customers in optimizing their energy usage by selecting the most suitable mix of behind-the-meter (BTM) assets tailored to specific building and consumption profiles. By leveraging sophisticated machine learning, David Energy enables businesses to design, install, and finance various BTM solutions, effectively lowering energy bills and enhancing control over energy usage. With a commitment to integrating renewable energy sources and promoting smart energy management, David Energy contributes to a more sustainable and efficient energy landscape.

CattleEye

Seed Round in 2021
CattleEye is a company based in the United States that specializes in autonomous livestock monitoring systems. Founded in 2019, it offers a cloud-based artificial intelligence platform that analyzes visual imagery of livestock captured through web cameras and other detection equipment. This technology enables farmers to monitor the performance and welfare of their cows by interpreting various behavioral signs, including gait measurements and mobility scores. CattleEye's solution aims to enhance livestock management and improve the protein supply chain, providing a comprehensive tool for livestock farmers to optimize their operations.

Avid Technology Group

Acquisition in 2021
AVID is a leader in the design and manufacturing of smart electrified ancillary and advanced thermal management systems. AVID’s innovative technology is used by leading manufacturers of heavy-duty and high-performance electric and hybrid vehicle powertrains to improve conventional engine efficiency through efficient thermal management, lubrication and electrified ancillary systems. AVID’s ability to support programs from concept to production is demonstrated through a growing global customer base of leading vehicle manufacturers, tier 1 suppliers and heavy-duty fleet operators.

Hyperdrive Innovation

Acquisition in 2021
Hyperdrive Innovation Limited is a company based in Sunderland, United Kingdom, specializing in the development, manufacturing, and sale of lithium-ion battery technology. Founded in 2012, it focuses on providing innovative solutions for original equipment manufacturers (OEMs) and applications in electric vehicles, battery energy storage systems, as well as residential and commercial settings. The company offers a comprehensive approach that encompasses design, integration, and scalable manufacturing, which allows its clients to gain a competitive edge in the market by ensuring reliable and efficient energy solutions.

Encycle

Venture Round in 2021
Encycle Corporation specializes in wireless electrical demand management and automated demand response solutions for commercial and industrial facilities. The company offers advanced demand management controllers that optimize the peak electrical demand of various building equipment, including electric vehicle chargers. Its products are applicable in a wide range of settings such as retail stores, offices, theaters, schools, and food processing plants. Encycle’s technology utilizes swarm-logic controllers that communicate with electrical loads to reduce demand effectively, enhancing energy efficiency. The company markets its solutions directly and through distributors in California and New York. Founded in 2005 and headquartered in Toronto, Canada, Encycle also has offices in San Marcos, California, and Taunton, United Kingdom. The company has established a strategic partnership with Ayla Networks to further enhance its offerings. Encycle was previously known as REGEN Energy Inc. before rebranding in November 2015.

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.

Axiom Cloud

Pre Seed Round in 2020
Axiom Cloud Inc. specializes in artificial intelligence solutions for the commercial refrigeration sector, primarily targeting supermarkets in North America. Founded in 2020 and based in Oakland, California, the company offers a power management and maintenance platform designed to address significant energy and maintenance challenges in the cooling and refrigeration industry. Its innovative applications include Virtual Technician, which autonomously anticipates system failures and enhances performance, and Virtual Battery, which mimics the benefits of traditional lithium-ion batteries by intelligently managing cooling loads. Customers, primarily in the retail grocery segment, pay an initial setup fee for the installation and configuration of the IoT platform, along with ongoing subscription fees for the cloud-based software applications. Axiom Cloud's technology also focuses on improving sustainability by reducing refrigerant leaks and integrating renewable energy sources into cooling systems.
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