The startup develops renewable microgrids that utilize solar photovoltaic systems and carbon-negative microturbines to provide sustainable energy solutions. By offering financing, design, and engineering services, the company enables industries to lower energy costs and decrease carbon emissions.
Funding
$850K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The trucking industry faces increasing pressure to reduce its carbon footprint and energy costs while ensuring convenient and reliable fueling and rest stop options for long-haul drivers. Traditional travel centers often rely on the electric grid, leading to high energy costs and hindering sustainability efforts.
Solution
Cyclum NextGen Travel Centers is developing a network of travel centers for the trucking industry powered by on-site renewable energy generation using microgrid technology. These travel centers offer a suite of transitional, traditional, and renewable fueling options, along with amenities designed for driver well-being. By generating their own clean power, Cyclum's travel centers aim to operate independently from the traditional power grid, reducing reliance on fossil fuels and lowering energy costs. The microgrids primarily utilize Renewable Natural Gas (RNG) to create clean electricity, minimizing environmental impact and potentially generating carbon credits. Cyclum strategically locates its travel centers near major highways and trucking routes to minimize downtime and optimize route planning for fleet operations.
Target Audience
The primary target audience includes fleet operators, long-haul truck drivers, joint venture partners, and investors interested in sustainable transportation and renewable energy solutions within the trucking industry.
Features
- On-site renewable energy generation using microgrid technology
- Primary power source: Renewable Natural Gas (RNG) derived from organic waste
- Diverse fueling options: transitional, traditional, and renewable fuels
- Potential to earn carbon credits through RNG production
- Strategic locations near major highways and trucking routes (I-5, I-80, I-15, 101, CA-99, I-95, I-81, I-90, I-78, I-10, I-40, I-20)
- Amenities and facilities designed for long-haul drivers and their families
- Joint venture partnership opportunities for travel center ownership