Canada · Transportation/trucking/railroad startup

Effenco

Effenco is a Montreal-based Green-Tech company founded in 2006, specializing in electrification and connectivity technologies for heavy-duty vocational trucks.

Funding reportedLast round: Series B

Transportation/trucking/railroadMontreal, Canada

About Effenco

Effenco is a Montreal-based Green-Tech company founded in 2006, specializing in electrification and connectivity technologies for heavy-duty vocational trucks.

The company aims to reduce operational costs and greenhouse gas emissions through its innovative solutions. In February 2023, Effenco was acquired by Martinrea International, enhancing its capabilities and market reach. Effenco's core offerings include Active Stop-StartTM Technology, a patented electric hybrid system that saves up to 30 tons of GHG emissions per truck annually, and fleet management software that provides data-driven insights for optimizing fleet operations. The company serves blue-chip clients in sectors such as waste, construction, and logistics across multiple countries, including Canada, the United States, and France. Effenco is recognized for its commitment to sustainability and has received the "Solar Impulse Efficient Solution" Label for its contributions to transportation electrification.

What company datasets say Effenco raised

Funding, as reported

Reported in all22.7Min the source's currency
Rounds3
Last roundSeries B
Last round size7.5M
Last round dateSept 2020
Investors listed6

The company, in detail

What they build

Known for

supercapacitorsclean energy & technologymanufacturingenergy storagewireless chargingenergy managementenvironmental servicesgreenhouse gas reductionsustainabilityoil & energyreal-time vehicle dataoperational efficiencymechanical or industrial engineeringservicesenergy efficiencytruck transportation

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Sector
Transportation/trucking/railroad
Industry code
NAICS 336320, 336390, SIC 3711, 3714
Region
Quebec
Part of
Martinrea International
Revenue
5M a year, as listed
Full record
Every detail in the company directory

Transportation/trucking/railroad in Canada

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