How Much Did Turntide Technologies Raise?
Funding & Key Investors

Turntide Technologies has solidified its position as a pivotal player in the industrial electrification sector, securing a total of $418M in cumulative financing to date. The company's most recent capital injection, a $80M strategic investment, underscores the growing market confidence in its proprietary full-stack, integrated, open systems designed to optimize energy consumption across commercial, industrial, and agricultural sectors.

What is Turntide Technologies?

Turntide Technologies
ManufacturingIndustrial Machinery & Equipment

Turntide Technologies operates at the intersection of hardware innovation and software-driven efficiency, providing a comprehensive suite of solutions aimed at decarbonizing energy-intensive operations. By targeting energy waste at the foundational level, the company enables enterprises to transition toward sustainable electrification. Its market position is bolstered by a robust portfolio of technologies that support electric vehicles, building management, and industrial processes, effectively positioning Turntide as a critical infrastructure partner for organizations striving to meet net-zero mandates and improve operational intelligence.

How much funding has Turntide Technologies raised?

Turntide Technologies has raised a total of $418M across 4 funding rounds:

2020

Corporate Investment

$33M

2021

Other Financing Round

$80M

Debt

$225M

2022

Other Financing Round

$80M

Corporate Investment (2020): $33M with participation from Amazon Climate Pledge Fund

Other Financing Round (2021): $80M led by Captain Planet, Fifth Wall, Keyframe Capital Partners, FootPrint Coalition Ventures, Amazon Climate Pledge Fund, and Breakthrough Energy Ventures

Debt (2021): $225M supported by Suvretta Capital Management, CPP Investments, Breakthrough Energy Ventures, JLL Spark, Millennium Management, and Monashee Capital

Other Financing Round (2022): $80M featuring Sdcl Energy Efficiency Income Trust, Fifth Wall, Meson Capital Partners, and OGCI Climate Investments

Key Investors in Turntide Technologies

Breakthrough Energy Ventures

A mission-driven investment firm backed by global business leaders, focusing on long-term, risk-tolerant capital to scale technologies that significantly reduce emissions across key industrial sectors.

Fifth Wall

The largest venture capital firm dedicated to the global real estate industry, connecting major property owners with innovative technology entrepreneurs to redefine the built environment.

CPP Investments

A professional investment management organization that manages the Canada Pension Plan fund, focusing on long-term value creation through diversified global investments.

What's next for Turntide Technologies?

With the backing of major institutional investors and climate-focused funds, Turntide Technologies is well-positioned to scale its deployment of energy-efficiency assets. The strategic focus moving forward involves deepening its penetration into the built environment and industrial sectors, leveraging its recent capital to accelerate product development and expand its footprint in global markets. As the demand for smarter, more resilient energy infrastructure intensifies, Turntide is expected to continue its trajectory of growth by integrating advanced machine learning and IoT capabilities into its core offerings, thereby cementing its role as a leader in the Fourth Industrial Revolution's energy transition.

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Frequently Asked Questions Regarding Turntide Technologies Financial Insights

What are the most recent funding rounds that Turntide Technologies has completed, and what were the funding rounds?
Turntide Technologies has recently completed 3 funding rounds: Other Financing Round on Jun 15, 2022, Debt on Jun 30, 2021, Other Financing Round on Mar 3, 2021.
What is the total amount of funding Turntide Technologies has raised to date?
Turntide Technologies has raised a total of $418M in funding to date.
How many funding rounds has Turntide Technologies completed?
Turntide Technologies has completed 3 funding rounds.
How much funding did Turntide Technologies raise in its most recent funding round?
Turntide Technologies raised $80M in its most recent funding round.
Who are the lead investors in Turntide Technologies's latest funding round?
The lead investor in Turntide Technologies's latest funding round was Sdcl Energy Efficiency Income Trust. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Turntide Technologies's history?
The largest funding round in Turntide Technologies's history was $225M.
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