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CVTCORP
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Short description

Manufacturer of Continuously Variable Transmissions (CVTs) for power generation, agriculture and industrial applications

Founded in 2001
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Ste-Julie, QC Ste-Julie, Canada
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Updated by marc chabot at cvtcorp transmission on 08/29/2014

Edited by Cleantech Group on 07/28/2021

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Date Company
01/31/2014

Top 3 Ag&CE OEM Top 3 Ag&CE OEM

MOU signed with OEM in order to test and evaluate CVTCORP's CVT transmission for tractor and construction equipmemt applications.

Confirmed by Top 3 Ag&CE OEM

Partnerships
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Date Partner Type
08/29/2014
Nexsource Power Inc. Nexsource Power Inc.
Distribution Agreement to sales and support CVTCORP's Varigen product in exclusive territories in Canada and US
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Confirmed by Nexsource Power Inc.
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IPO INFORMATION

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Description

Date Investors Type Amount
08/31/2012 Cycle Capital Cycle Capital (1)
Post-money valuation of
Structured Debt $2,100,000
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Products
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Product image Name Product status Revenue model Cost metrics

CVTs for Agricultural Equipment: EcoMec

Mechanical continuously variable transmission for agricultural and construction equipment.

Product Development Products - Retail
$/kW (current)
$/kW (projected)
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$/kWh (projected)
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