# CVTCORP: Mechanical or industrial engineering, Sainte-Julie, Canada

> CVTCORP: CVTCORP is a private clean-tech company based in Quebec, founded in 2001. Based in Sainte-Julie, Canada. Founded 2001.

Source: https://millionrounds.com/startup/cvtcorp (Millionrounds; every figure on the page links to its filing or article)

Canada · [Mechanical or industrial engineering startup](https://millionrounds.com/companies)

# CVTCORP

CVTCORP is a private clean-tech company based in Quebec, founded in 2001.

Email

Funding reported Last round: Private equity

Mechanical or industrial engineering Sainte-Julie, Canada

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Company summary

- **Founded:** 2001 25 years old
- **Team:** 38 11 to 50 people
- **Funding reported:** 5.6M as listed, currency not stated
- **Last round:** Private equity Jan 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for CVTCORP has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About CVTCORP

CVTCORP is a private clean-tech company based in Quebec, founded in 2001.

It specializes in the design and development of mechanical continuously variable transmissions (mCVT), particularly its patented toroidal CVT Flexdrive technology. This innovative system addresses sustainability and reliability challenges in mobile power equipment. The company operates from a 35,000 sq.ft. facility in Sainte-Julie, Quebec, and has conducted over 500,000 hours of testing on its technology, which is protected by more than 26 patent families worldwide. The mCVT Flexdrive transmission is a friction-drive system that allows for an infinite number of output speed ratios without metal-on-metal contact. It significantly reduces fuel consumption and greenhouse gas emissions, making it suitable for various applications, including construction, agriculture, power generation, and industrial sectors. CVTCORP provides comprehensive services, including development, manufacturing, and assembly of mCVT systems, catering to mobile power equipment manufacturers and industrial clients. The company has raised $49 million in funding from notable investors, supporting its growth and innovation in the mobility industry.

## What company datasets say CVTCORP raised

Funding, as reported

Reported in all **5.6M** in the source's currency

Rounds **5**

Last round **Private equity**

Last round size **3.7M**

Last round date **Jan 2020**

Investors listed **4**

## The company, in detail

What they build

Known for

longue durée de vie adaptation aux véhicules hors route transmission à variation infinie manufacturing construction & real estate oem solutions innovantes faible coût robustesse construction contrôle qualité fabrication de composants gestion de la transmission électrification des véhicules energy management systèmes de transmission

Built with from their website

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+8 more

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- **Sector:** Mechanical or industrial engineering
- **Industry code:** NAICS 33324, 336350, 541330, SIC 3531, 3714, 8711
- **Region:** Quebec
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/cvt-corp)

## Mechanical or industrial engineering in Canada

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- [**Novarc Technologies Inc.** Burnaby · founded 2013](https://millionrounds.com/startup/novarc-technologies-inc)
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- [**Mechasys** Montreal · founded 2018](https://millionrounds.com/startup/mechasys)
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- [**Appetronix** London](https://millionrounds.com/startup/appetronix)
- [**Upside Robotics** Waterloo · founded 2024](https://millionrounds.com/startup/upside-robotics)

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