What is mCloud?
Founded in 2010 and headquartered in Vancouver, British Columbia, mCloud is dedicated to assisting businesses globally in curbing energy waste, optimizing energy production, and maximizing the efficiency of critical energy infrastructure. The company leverages its technology to provide solutions for a more sustainable and cost-effective energy landscape. Its focus on energy management positions it within a crucial sector addressing global environmental and economic challenges.
How much funding has mCloud raised?
mCloud has raised a total of $23.5M across 2 funding rounds:
Share Placement
$8.5M
Other Financing Round
$15M
Share Placement (2020): $8.5M, investors not publicly disclosed
Other Financing Round (2022): $15M led by Carbon Royalty Corp
Key Investors in mCloud
Carbon Royalty Corp
Carbon Royalty Corp is likely a financial entity focused on investments within the carbon and energy sectors, potentially providing capital for companies involved in emissions reduction or sustainable resource management.
What's next for mCloud?
The recent major strategic investment suggests mCloud is poised for accelerated scaling and market penetration. This capital infusion is likely to fuel further development of its energy management solutions, expansion into new markets, and strengthening of its technological capabilities. The company's trajectory indicates a move towards solidifying its position as a leader in the energy efficiency and infrastructure optimization sector, potentially preparing for future growth phases or strategic partnerships.
See full mCloud company page
