Enerkem, a Canadian-based company founded in 2000, is dedicated to revolutionizing the energy and chemical industries. Through its innovative proprietary technology, the company converts non-recyclable municipal solid waste into methanol, ethanol, and other essential chemical intermediates. Enerkem's approach aligns with the principles of a circular economy, contributing to a sustainable future. The company recently secured a significant $100.00M Private Equity Round investment on 06 April 2022, with Repsol as one of the key investors, recognizing the potential in Enerkem's mission. Enerkem's pioneering efforts not only offer a sustainable alternative to landfilling and incineration but also contribute to diversifying the energy mix and promoting eco-friendly products, thus making a significant impact in the industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Private Equity Round | $100.00M | 1 | 06 Apr 2022 | |
Convertible Note | $155.00M | 3 | 06 Apr 2022 | |
Corporate Round | $76.30M | 10 | Sunkem, Suncor Energy +1 | 17 Apr 2019 |
Private Equity Round | $280.00M | 1 | 06 Feb 2018 | |
Corporate Round | Unknown | 8 | Waste Management, Fonds de solidarité FTQ | 22 Jan 2018 |
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