Éocycle Technologies, a Quebec-based maker of small wind turbines, raised CAD 20 million in Series A funding in April 2024.
Based in Quebec, Canada, and founded in 2001, Éocycle Technologies Inc., also known as Eocycle, develops, manufactures and markets small wind turbines for on-site clean electricity production. In April 2024 it raised CAD 20 million in Series A funding led by Innovation, Science and Economic Development Canada, with participation from Fonds de solidarité FTQ, as part of a CAD 25 million Series A and debt round. Richard Legault is the CEO, and its EOX S-16 and EOX M-Series turbines are designed with few moving parts.
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