Turntide

Turntide

Develops energy-efficient solutions for transportation and agriculture

About Turntide

Simplify's Rating
Why Turntide is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Food & Agriculture

Energy

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$504.5M

Headquarters

Sunnyvale, California

Founded

2013

Overview

Turntide focuses on energy efficiency and sustainability by developing solutions for transportation and agriculture. In transportation, they collaborate with Hitachi to create hybrid rail systems, utilizing their expertise in cell chemistry and battery integration to electrify trains. In agriculture, their Intelligent Barn system combines hardware and software to enhance the welfare of dairy animals and improve farm operations while reducing environmental impact. Turntide generates revenue by selling these energy-efficient solutions to various clients, including energy service companies and manufacturers. Their goal is to foster a new ecosystem in the sustainability sector, enabling businesses to enhance their energy use and minimize their ecological footprint.

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Simplify's Take

What believers are saying

  • Recognition as a GreenTech leader boosts Turntide's brand and market credibility.
  • Expansion into India taps into growing demand for sustainable technologies.
  • Strategic partnerships enhance technological integration and market reach.

What critics are saying

  • BrainBox AI acquisition may reduce Turntide's competitive edge in automation.
  • Expansion into India and UK may strain resources and management focus.
  • Stiff competition in inverter market could impact Turntide Whitehaven's profitability.

What makes Turntide unique

  • Turntide's Smart Motor System reduces global electricity waste by 25%.
  • Partnerships with Hitachi and others enhance Turntide's market reach in transportation.
  • Intelligent Barn optimizes dairy farm operations, improving sustainability and efficiency.

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Funding

Total Funding

$504.5M

Above

Industry Average

Funded Over

7 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↓ -3%

2 year growth

↓ -3%
Daily Guardian
Mar 25th, 2025
Turntide Technologies Awarded on both the World's Top GreenTech Companies 2025 and America's Top GreenTech Companies 2025 Lists by TIME Magazine.

Alpharetta, GA, March 25, 2025 (GLOBE NEWSWIRE) - Turntide Technologies has been awarded on both the World's Top GreenTech Companies 2025 and America's Top GreenTech Companies 2025 lists.

ForexTV
Jan 14th, 2025
Turntide Technologies Integrates UK Operations and Expands into India

Turntide Technologies integrates UK operations and expands into India.

Financial Post
Dec 4th, 2024
Turntide Technologies Launches Strategic Partnerships with FridgeWize and Copec for Turntide's Smart Motor SystemTM

Turntide Technologies launches strategic partnerships with FridgeWize and Copec for Turntide's Smart Motor systemtm.

GlobeNewswire
May 29th, 2024
Brainbox Ai Acquiert La Division Automatisation De Turntide Technologies

MONTRÉAL, 29 mai 2024 (GLOBE NEWSWIRE) -- BrainBox AI, une entreprise pionnière en technologies d’IA autonome et gĂ©nĂ©rative pour les bâtiments commerciaux, annonce aujourd’hui sa rĂ©cente acquisition de la division Automatisation de Turntide Technologies (Turntide). Cette transaction renforce sa position de leader du secteur des solutions d’optimisation basĂ©es sur les capacitĂ©s de calcul infonuagiques et pilotĂ©es par l’IA pour l’environnement bâti. Cette acquisition permet Ă  BrainBox AI de crĂ©er encore plus de valeur aux portefeuilles immobiliers et commerciaux Ă  travers le monde et ce, en complĂ©mentant l’offre actuelle de l’entreprise avec une gamme plus complète de fonctions de gestion des bâtiments. L’accord de coopĂ©ration pour l’acquisition de l’unitĂ© d’automatisation de Turntide jette les bases d’une future collaboration entre les deux entreprises spĂ©cialisĂ©es dans le domaine de la lutte au changement climatique. « Ă€ la suite de cette transaction, la division Automation se positionne pour avoir une portĂ©e encore plus importante sur le marchĂ© en s’ajoutant Ă  la gamme croissante de solutions de BrainBox AI pour l’environnement bâti Â», a dĂ©clarĂ© Mark Cox, PDG par intĂ©rim de Turntide Technologies. L’unitĂ© commerciale Automation a connu une forte croissance sous la direction de Turntide

GlobeNewswire
May 29th, 2024
Brainbox Ai Acquires Automation Division Of Turntide Technologies

MONTREAL, May 29, 2024 (GLOBE NEWSWIRE) -- BrainBox AI, a pioneer in autonomous and generative AI building technology, today announces its latest acquisition of the Automation Division of Turntide Technologies (Turntide). The market move furthers its position as the industry leader dedicated to cloud-based, AI-driven optimization solutions for the built environment. This purchase expands BrainBox AI’s ability to bring even further value to real estate and retail portfolios across the world by enhancing the company’s current offering to a more comprehensive suite of building management features. The cooperative agreement to acquire Turntide’s Automation business unit lays the foundation for future collaboration between the climate focused companies. “Following a successful transaction, the Automation division is poised to make an even greater impact in the market as part of BrainBox AI’s growing array of solutions for the built environment.” said Mark Cox, Interim CEO at Turntide Technologies. The Automation business unit has grown extensively under Turntide’s stewardship

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