Draft:Turntide Technologies

Turntide Technologies Earns 2021 Top Product of the Year Award

Retrieved on: 
Monday, July 19, 2021

SUNNYVALE, Calif., July 19, 2021 /PRNewswire/ -- Turntide Technologies , ("Turntide") the company responsible for the Smart Motor SystemTM, today announced they received a Top Product of the Year Award from the elite Environment + Energy Leader Awards program.

Key Points: 
  • SUNNYVALE, Calif., July 19, 2021 /PRNewswire/ -- Turntide Technologies , ("Turntide") the company responsible for the Smart Motor SystemTM, today announced they received a Top Product of the Year Award from the elite Environment + Energy Leader Awards program.
  • Award winners are truly buzz-worthy, and companies that sport a Top Project or Top Product of the Year Award badge are known to be the best of the best.
  • Turntide Technologies develops breakthrough sustainability technologies that drive down energy consumption and operating costs in buildings, agriculture, and electric transport, creating a path to 100% renewable energy and business sustainability.
  • The Turntide Smart Motor System is driven by a patented Turntide Optimal Efficiency Motor with intelligent automation and cloud connectivity.

Turntide Technologies Acquires Electric Vehicle Component Developer AVID Technology

Retrieved on: 
Wednesday, June 30, 2021

By combining the Smart Motor System with acquired electric vehicle technology, Turntide has deepened its technology stack around the motor that includes the inverter, electronics, vehicle control unit, and battery management system.

Key Points: 
  • By combining the Smart Motor System with acquired electric vehicle technology, Turntide has deepened its technology stack around the motor that includes the inverter, electronics, vehicle control unit, and battery management system.
  • "Combining AVID's technology with the Smart Motor System will allow Turntide to simplify and smooth a path to sustainable transport."
  • Turntide Technologies develops breakthrough sustainability technologies that drive down energy consumption and operating costs in buildings, agriculture, and electric transport, creating a path to 100% renewable energy and business sustainability.
  • The Turntide Smart Motor System is driven by a patented Turntide Optimal Efficiency Motor with intelligent automation and cloud connectivity.

Turntide Technologies Completes $225 Million Financing

Retrieved on: 
Wednesday, June 30, 2021

"The addition of several investors fortifies Turntide with the additional capital we need to expand into new markets like electrified transport."

Key Points: 
  • "The addition of several investors fortifies Turntide with the additional capital we need to expand into new markets like electrified transport."
  • Turntide will use the financing to support the development of a new cloud-based technology due to be released this year for implementation throughout built environments and electric vehicles.
  • Turntide Technologies develops breakthrough sustainability technologies that drive down energy consumption and operating costs in buildings, agriculture, and electric transport, creating a path to 100% renewable energy and business sustainability.
  • The Turntide Smart Motor System is driven by a patented Turntide Optimal Efficiency Motor with intelligent automation and cloud connectivity.

Turntide Technologies Extends Its Smart Motor System To Transportation Sector With Acquisition Of Electric Vehicle Technology

Retrieved on: 
Tuesday, June 8, 2021

Turntide Transport will establish operations in Gateshead, England, marking the beginning of a multi-year investment in the region.

Key Points: 
  • Turntide Transport will establish operations in Gateshead, England, marking the beginning of a multi-year investment in the region.
  • The transportation industry accounts for 24 percent of global CO2 emissions from direct fuel consumption.
  • By combining the Smart Motor System with acquired electric vehicle technology, Turntide is joining the effort to help solve our global emissions problem by improving efficiency and driving down energy use and waste.
  • The Turntide Smart Motor System is part of an open Platform for Sustainable Operations, driven by a patented Turntide Optimal Efficiency Motor with intelligent automation and cloud connectivity.

Turntide Technologies® Expands C-Suite With Three New Hires To Prepare For Next Phase Of Growth

Retrieved on: 
Wednesday, April 14, 2021

Prior to joining Turntide, Michael served as the VP of Finance for CDK Global.

Key Points: 
  • Prior to joining Turntide, Michael served as the VP of Finance for CDK Global.
  • He also served as the SVP of Strategy and Operations for Hitachi Vantara and the Chief Financial Officer of GE Digital.
  • Michael attended the University of Michigan and Northwestern University\'s Kellogg School of Management.\nSenia Mayminjoins Turntide as Chief People Officer.
  • The Turntide Smart Motor System is an open platform for sustainable operations, driven by a patented Turntide Optimal Efficiency Motor with intelligent automation and cloud connectivity.

Turntide Technologies Named to Fast Company's Annual List of the World's Most Innovative Companies for 2021

Retrieved on: 
Wednesday, March 10, 2021

SUNNYVALE, Calif., March 10, 2021 /PRNewswire/ --Turntide Technologies ("Turntide"), the company responsible for the Smart Motor System and the world's first sustainable electric motor with digital DNA, has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2021.

Key Points: 
  • SUNNYVALE, Calif., March 10, 2021 /PRNewswire/ --Turntide Technologies ("Turntide"), the company responsible for the Smart Motor System and the world's first sustainable electric motor with digital DNA, has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2021.
  • Over the last year, Turntide hit several company milestones including expanding its customer base and the completion of two funding rounds.
  • The World's Most Innovative Companies is Fast Company's signature franchise and one of its most highly anticipated editorial efforts of the year.
  • Fast Company's Most Innovative Companies issue (March/April 2021) is now available online here , as well as in app form via iTunes and on newsstands beginning March 16, 2021.

Turntide Technologies Raises $80M With Investments From Breakthrough Energy Ventures And Robert Downey Jr.'s FootPrint Coalition Ventures

Retrieved on: 
Wednesday, March 3, 2021

The round was led by Breakthrough Energy Ventures and includes investments from Robert Downey Jr.'s FootPrint Coalition Ventures, the Amazon Climate Pledge Fund, Keyframe Capital, Fifth Wall's Climate Technology Fund and Captain Planet LP.

Key Points: 
  • The round was led by Breakthrough Energy Ventures and includes investments from Robert Downey Jr.'s FootPrint Coalition Ventures, the Amazon Climate Pledge Fund, Keyframe Capital, Fifth Wall's Climate Technology Fund and Captain Planet LP.
  • To curb the carbon emissions driving this crisis, we all need to change the way that we use energy.
  • "Turntide's technology and approach to restoring our planet will directly reduce energy consumption," said Steve Levin, co-founder of FootPrint Coalition Ventures.
  • Previously announced investors in Turntide include Meson Capital, BMW i Ventures, JLL Spark, WIND Ventures, and Tony Fadell's Future Shape.

Turntide Technologies To Acquire Cloud-Based Building Automation Software Company Riptide

Retrieved on: 
Monday, March 1, 2021

SUNNYVALE, Calif., March 1, 2021 /PRNewswire/ --Turntide Technologies (Turntide), the company responsible for the Smart Motor System, the world's most sustainable electric motor with digital DNA, announced today that it has signed a definitive agreement to purchase Riptide, a next-generation building automation company whose software is driving the transition to smart, cloud-managed buildings.

Key Points: 
  • SUNNYVALE, Calif., March 1, 2021 /PRNewswire/ --Turntide Technologies (Turntide), the company responsible for the Smart Motor System, the world's most sustainable electric motor with digital DNA, announced today that it has signed a definitive agreement to purchase Riptide, a next-generation building automation company whose software is driving the transition to smart, cloud-managed buildings.
  • The acquisition of Riptide's building automation solution will accelerate the development of Turntide's BOS (Building Operating System) platform.
  • In acquiring Riptide, Turntide plans to expand further into building automation by improving and extending its BOS platform to office buildings, retail locations, schools and more.
  • As part of the acquisition, all Riptide employees including founders Mike Franco, Dave Leimbrock, Marti Ogram, and Shawn Leimbrock will be joining Turntide.