Turbotech Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
35
- Latest Deal Type
-
Early Stage VC
- Latest Deal Amount
-
$1.34M
- Investors
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4
Turbotech General Information
Description
Developer of aeronautical propulsion systems designed to help aviation industry actors with efficient and eco-friendly flight alternatives. The company's systems use a heat exchanger that offers a fuel burn on par with piston engines, produces electricity from virtually any fuel source, and recovers energy contained in the exhaust gases, enabling the hybrid-electric aircraft industry to have regenerative turbines for aeronautical applications.
Contact Information
Website
www.turbotech-aero.comCorporate Office
- Bâtiment 209
- Aérodrome de Toussus-Le-Noble
- 78117 Toussus-Le-Noble
- France
Corporate Office
- Bâtiment 209
- Aérodrome de Toussus-Le-Noble
- 78117 Toussus-Le-Noble
- France
Turbotech Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
2. Early Stage VC | 23-Aug-2019 | $1.34M | Completed | Generating Revenue | ||
1. Early Stage VC | 11-Apr-2018 | Completed | Product Development |
Turbotech Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
P Shares | ||||||||
P Shares | ||||||||
A Shares | 887 | $11.137726 |
Turbotech Executive Team (4)
Name | Title | Board Seat |
---|---|---|
Damien Fauvet | Co-Founder, President & Chief Executive Officer | |
Jean-Michel Guimbard | Co-Founder, Chief Technology Officer & Chief Operating Officer | |
Marc Nguyen | Co-Founder, Mechatronic Expert & Partner |
Turbotech Signals
Turbotech Investors (4)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Bpifrance | Sovereign Wealth Fund | Minority | ||
d'lle de France | Government | Minority | ||
GO Capital (France) | Venture Capital | Minority | ||
Safran Corporate Ventures | Corporate Venture Capital | Minority |
Turbotech FAQs
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When was Turbotech founded?
Turbotech was founded in 2017.
-
Who is the founder of Turbotech?
Damien Fauvet, Jean-Michel Guimbard, Baptiste Guerin, and Marc Nguyen are the founders of Turbotech.
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Who is the CEO of Turbotech?
Damien Fauvet is the CEO of Turbotech.
-
Where is Turbotech headquartered?
Turbotech is headquartered in Toussus-Le-Noble, France.
-
What is the size of Turbotech?
Turbotech has 35 total employees.
-
What industry is Turbotech in?
Turbotech’s primary industry is Aerospace and Defense.
-
Is Turbotech a private or public company?
Turbotech is a Private company.
-
What is the current valuation of Turbotech?
The current valuation of Turbotech is
. -
What is Turbotech’s current revenue?
The current revenue for Turbotech is
. -
How much funding has Turbotech raised over time?
Turbotech has raised $5.03M.
-
Who are Turbotech’s investors?
Bpifrance, d'lle de France, GO Capital (France), and Safran Corporate Ventures have invested in Turbotech.
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