Tech Company Financing Transactions
Turntide Technologies Funding Round
Turntide Technologies, based in Sunnyvale, secured $80 million from Amazon, Breakthrough Energy Ventures and Captain Planet.
Transaction Overview
Company Name
Announced On
3/4/2021
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will be used to develop a building automation software program, Riptide IO, that the company has acquired, and extend its Building Operation System platform to more buildings, including schools and offices.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1295 Forgewood Ave.
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Overview
Turntide Technologies is setting a new standard of efficiency, reliability, and intelligence with the Turntide Smart Motor System. Turntide combines modern computing and software control with the proven reliability of switched reluctance motor technology to achieve an unprecedented optimal efficiency.
Management Team
Title
Name
Email & Social
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About Our Venture Capital Transactions Database
We do our best to record all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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