Encycle secures initial tranche of $11.5 mln financing round
Encycle Corp, formerly known as Regen Energy Inc, has closed an initial tranche of an $11.5 million financing. Prelude Ventures and NGEN Partners led the investment and were joined by BDC Capital, Duke Ventures, Export Development Canada and EnerTech Capital. Founded in 2005, Toronto's Encycle has developed technology that enhances the performance of heating, ventilation and air conditioning systems to help commercial and industrial companies incur savings and reduce their carbon footprint. It will use the funds raised to support the launch of its latest product. Encycle also has offices in San Marcos, California and Taunton, United Kingdom.
15 December 2016•3 mins read
