What is mCloud?
Founded in 2010 and headquartered in Vancouver, British Columbia, mCloud operates at the intersection of industrial IoT and energy efficiency. The company provides a sophisticated platform designed to monitor, analyze, and optimize energy production and consumption across complex infrastructure assets. By integrating artificial intelligence with real-time data, mCloud enables enterprises to reduce their carbon footprint while simultaneously maximizing operational output. Its market position is defined by its ability to bridge the gap between legacy energy systems and modern, data-driven sustainability requirements, making it a critical partner for businesses aiming to meet aggressive environmental, social, and governance (ESG) targets.
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
A specialized investment firm focused on financing projects that reduce carbon emissions and promote sustainable energy infrastructure.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for mCloud?
With this major enterprise-level funding, mCloud is positioned to accelerate its technological roadmap and expand its global footprint. The capital will likely be deployed to enhance its proprietary AI-driven software suite, allowing for deeper integration into renewable energy grids and more complex industrial environments. As the demand for energy efficiency solutions intensifies, mCloud is expected to scale its operations, focusing on strategic partnerships that leverage its core competencies in infrastructure optimization. The company's trajectory suggests a transition toward becoming a dominant player in the industrial energy management sector, with a clear focus on long-term scalability and technological leadership.
See full mCloud company page
