Tour Engine, Inc.
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Tour Engine, Inc. - overview
Established
2005
Location
San Diego, CA, US
Primary Industry
Industrial Machinery
About
Tour Engine, Inc. specializes in developing high-efficiency engines designed to enhance fuel economy and reduce emissions. Their innovative technology is tailored for energy production, promoting sustainability across various sectors. Founded in 2005 in San Diego, US, Tour Engine, Inc.
focuses on creating advanced engine solutions. The company has raised a total of USD 2. 30 mn, with its most recent funding round occurring in June 2018. The company does not have any known subsidiaries or parent companies.
Oded Tour serves as both the Founder and CEO, leading the firm since its inception and driving its strategic vision forward. Tour Engine's core product offerings center around their high-efficiency, ultra-low emissions split-cycle engine, specifically designed to improve fuel economy while reducing harmful emissions. The engine employs a superior thermal management strategy to address the significant energy losses typically seen in conventional internal combustion engines, which fail to convert approximately 70% of fuel energy into useful work. The primary application of this technology is in microgrid energy production, aimed at tackling local grid instability in various regions.
Additional offerings include the Tour ENABLE, a combined heat and power (CHP) engine-battery hybrid system that maximizes efficiency and minimizes carbon emissions, making it ideal for residential and commercial energy solutions. Tour Engine serves customers in multiple sectors, including power generation, marine, and transportation, and markets its products primarily in North America, Europe, and select regions in Asia. Tour Engine's revenue model is structured around B2B transactions, focusing on partnerships and collaborations with industry players in energy generation and related sectors. The company engages in direct sales of its flagship products, such as the split-cycle engine and the Tour ENABLE system, which are marketed for their advanced efficiency and low emissions.
The pricing structure for these products is designed to attract both commercial clients and residential users, facilitating integration into existing energy solutions. Revenue generation occurs through one-time sales or ongoing service agreements that provide maintenance and support for installed systems. As the company continues to innovate and expand its technology, it seeks to capture a growing share of the market by offering affordable and efficient energy solutions globally. Tour Engine, Inc.
aims to leverage its recent funding of USD 2. 30 mn raised in June 2018 to support the development of new products, likely including enhancements to its existing engine technology. The company plans to expand its market reach by targeting regions in Asia and Europe for new customer acquisition. Specific timelines for product launches and geographic expansion details are currently under evaluation.
Current Investors
ARPA-E
Primary Industry
Industrial Machinery
Sub Industries
Automobiles, Other Vehicles & Parts, Industrial Machinery
Website
www.tourengine.com
Verticals
Clean Technology
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

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