Turntide Technologies
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2021 | Named one of the World's Most Innovative Companies in the Energy category by Fast Company. |
June 2021 | Turntide raised an additional $225 million, including investment from Canada Pension Plan Investment Board. |
June 2021 | Entered the EV space by acquiring BorgWarner's Gateshead drivetrain division, Hyperdrive battery company, and AVID Technology EV controls company. |
April 2021 | CEO Ryan Morris announced an upcoming push into electric vehicles during an interview with CNN. |
March 2021 | Turntide announced investment from Bill Gates' Breakthrough Energy Ventures, Robert Downey Jr.'s climate fund FootPrint Coalition, Fifth Wall Capital, and Keyframe Capital. The company also announced its acquisition of building automation company Riptide. |
2020 | Won Gold Edison Award and Product of the Year from Environmental and Energy Leader. |
October 2020 | Fully acquired VES and merged it with Artex Barn Solutions to expand intelligent barn systems offerings. |
September 2020 | Amazon awarded Turntide an investment as part of its first round of five Climate Pledge Fund investments. Turntide also announced investment from Future Shape, the fund led by Nest founder Tony Fadell. |
July 2020 | Rebranded from Software Motor Company to Turntide Technologies. |
2019 | National Renewable Energy Laboratory certified that Turntide's motor reduced energy consumption in refrigerator condenser fans by 29%-71%. |
2018 | Southern California Edison utility certified that the V01 Smart Motor System reduced energy consumption by 23%-57% compared with a standard AC induction motor. |
2018 | Renamed to Software Motor Company and entered the agriculture space by partnering with VES to launch DairyBOS, the Dairy Barn Operating System. |
2017 | SMC received a second investment from National Science Foundation Small Business Innovation Research program. |
2017 | Turntide received investment from Wells Fargo's Innovation Incubator. |
2016 | SMC received a seed investment from National Science Foundation Small Business Innovation Research program. |
2013 | Founded as Software Motor Corporation (SMC), a technology company focused on innovative motor systems. |
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