Effenco

Effenco

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Organization

Contact Information

Overview

Effenco is an autotech company company specializing in heavy-duty vehicle electrification and connected mobility for the transport industry. It develops and markets its Active-Stop-Start electric hybrid technology, a system that improves the energy efficiency of heavy goods vehicles and reduces its greenhouse gas emissions by 30%. The company's current technology electrifies the propulsion and on-board equipment of vocational heavy-duty trucks, using an ultracapacitor-based technology.

Effenco’s technology is 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. Their system eliminates engine to use when immobile for a new and existing heavy-duty vehicle.

Effenco was founded in 2006 and is headquartered in Montréal, Quebec, Canada with operations in the United States and Europe.

About

Industries

Transportation, Travel, Manufacturing, Railroad, Electric Vehicle

Founded

2006

Employees

51-100

Headquarters locations

North America

Social

N/A

Profile Resume

Effenco headquartered in North America, operates in the Transportation, Travel, Manufacturing, Railroad, Electric Vehicle sector. The company focuses on Transportation and has secured $1.4B in funding across 60 round(s). With a team of 51-100 employees, Effenco is actively contributing to advancements in Transportation. Their latest funding round, Series B - Effenco, raised $7.6M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Domenic Spatolisano

Domenic Spatolisano

Chief Operating Officer

imagePlace David Arsenault

David Arsenault

Co-Founder and President

Funding Rounds

Funding rounds

3

Investors

3

Lead Investors

0

Total Funding Amount

$22.7M

Details

2

Effenco has raised a total of $22.7M in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2018Early Stage Venture12.0M
2020Early Stage Venture7.6M

Investors

Effenco is funded by 14 investors.

Investor NameLead InvestorFunding RoundPartners
Effenco-FUNDING ROUND - Effenco7.6M
Business Development Bank of Canada-FUNDING ROUND - Business Development Bank of Canada7.6M
Effenco-FUNDING ROUND - Effenco7.6M
David Arsenault-FUNDING ROUND - David Arsenault7.6M

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