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Energy Tech Series C Founded 2005

Encycle

Provider of wireless energy management solutions. It offers enviro grid swarm logic controllers that are attached to electrical loads like air conditioning, heaters, compressors, pumps, humidifiers, dehumidifiers, to communicate and coordinate with each other and to reduce electrical demand for commercial, industrial, institutional, and multi-unit residential facilities. Founded in 2005, headquartered in Toronto,…

📍 Toronto, Canada · Energy Efficiency Tech,

Funding snapshot

Last roundSeries C
Amount$8M
Date12 May 2021
Total raised$46M
Team size25

About

Provider of wireless energy management solutions. It offers enviro grid swarm logic controllers that are attached to electrical loads like air conditioning, heaters, compressors, pumps, humidifiers, dehumidifiers, to communicate and coordinate with each other and to reduce electrical demand for commercial, industrial, institutional, and multi-unit residential facilities. Founded in 2005, headquartered in Toronto, Canada. The company has raised $46.2M in funding at the series c stage. Encycle operates in the Energy Efficiency Tech, IoT Applications, Internet of Things - Industry Applicati sectors. The company focuses on Commercial, HVAC. Notable investors include BDC, Takeda Ventures, Accel-Rx, NGEN Partners, EnerTech Capital, Export Development Canada, among others.

Business model

Energy Efficiency Tech > Energy Management System > HVAC Management > Commercial,

Facility Management Tech > Building Management > Building Energy Management > HVAC

Founders & team highlights

Serial Founder

Institutional investors

Takeda Ventures Accel-Rx NGEN Partners EnerTech Capital Export Development Canada Cycle Capital Fulmer & Company Prelude Ventures MaRS Discovery District MaRS IAF Urban Future Lab MooDoos Plaza Ventures Active Impact Investments

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