- Turntide Technologies, a Sunnyvale, Calif.-based company responsible for a sustainable electric motor with digital DNA, completed a $33m funding round
- Backers included The Amazon Climate Fund, Meson Capital, BMW iVentures, JLL Spark, WIND Ventures, and Tony Fadell’s Future Shape
- The company intends to use the funds to continue to expand its business and development efforts
- Turntide also makes an intelligent motor system combined with IoT building automation technology to optimize efficiency
- The Smart Motor System’s digital DNA enables precise control to use every watt of energy to reduce electricity consumption and achieve optimal efficiency
- The systems manufactured, shipped, and installed at scale across the United States, Canada, and the UK with further international expansion planned in 2021
