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Effenco

Effenco
2006 FOUNDED
PRIVATE STATUS
31-40 EMPLOYEES
Series A LATEST DEAL TYPE
$9M LATEST DEAL AMOUNT
6 INVESTORS
Description

Developer of heavy vehicle hybrid provisions intended to reduce fleet fuel costs and GHG emissions. The company's hybrid provisions offer an electric system designed to shut down the engine of vocational trucks when they are stationary and to provide electric power to the vehicle equipment, cab and chassis accessories including the HVAC system, enabling users to reduce engine operating hours and corresponding fuel consumption, emissions and maintenance.

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electrical Equipment
Primary Office
  • 3700 Saint Patrick Street
  • Suite 316 (Shipping at dock 23)
  • Montreal, Quebec H4E 1A2
  • Canada

+1 (514) 000-0000
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Effenco Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC (Series A) 14-Dec-2018 $9M 000.00 Completed Generating Revenue
4. Grant 02-May-2018 00.00 00.00 Completed Generating Revenue
3. Grant 11-Sep-2015 00000 00.00 Completed Generating Revenue
2. Accelerator/Incubator 12-Mar-2013 $1.8M Completed Generating Revenue
1. Later Stage VC 15-Feb-2013 $1.8M $1.8M Completed Generating Revenue
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Effenco Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Protean Electric Formerly VC-backed Troy, MI 000 00000 000000&0 00000
00000000000 000000 Venture Capital-Backed Alameda, CA 00 000.00 00000000000 000.00
0000000 000000000 Corporate Backed or Acquired Ontario, CA 00 00000000000
000000000 00000000 Venture Capital-Backed Milpitas, CA 00 000.00 000000&0 000.00
00000000 Venture Capital-Backed Burlingame, CA 000 00000 0000000000 0 00000
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Effenco Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Business Development Bank of Canada Venture Capital Minority 000 0000 000000 0
Investissement Qu├ębec Venture Capital Minority 000 0000 000000 0
Government of Canada Government Minority 000 0000 000000 0
Center of Excellence in Energy Efficiency Government 000 0000 000000 0
Canadian Technology Accelerator Accelerator/Incubator 000 0000 000000 0
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Effenco Executive Team (3)

Name Title Board
Seat
Contact
Info
David Arsenault Ph.D Co-Founder, Chief Executive Officer & President
Benoit Lacroix Ph.D Co-Founder and Vice President, Sales & Marketing
Dany Fouquet Co-Founder & Vice President, Operations

Effenco Board Members (1)

Name Representing Role Since Contact
Info
Colin Ryan Effenco Chairman 000 0000