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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
Transportation, Travel, Manufacturing, Railroad, Electric Vehicle
2006
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.
Funding Rounds
3
3
0
$22.7M
Details
2
Effenco has raised a total of $22.7M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2018 | Early Stage Venture | 12.0M | ||
2020 | Early Stage Venture | 7.6M |
Investors
Effenco is funded by 14 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Effenco | - | FUNDING ROUND - Effenco | 7.6M |
Business Development Bank of Canada | - | FUNDING ROUND - Business Development Bank of Canada | 7.6M |
Effenco | - | FUNDING ROUND - Effenco | 7.6M |
David Arsenault | - | FUNDING ROUND - David Arsenault | 7.6M |
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