Nexterra, founded in 2003, is a sustainable energy solutions company with the slogan "Creating sustainable energy solutions for lower costs and reduced carbon footprints." The company focuses on creating, producing, and delivering advanced gasification systems that enable customers to independently generate clean, cost-effective heat and power at industrial and institutional sites using waste fuels. In the current landscape of rising energy costs, Nexterra's offerings translate to significantly reduced expenses, higher profit margins, and decreased dependence on fossil fuels and electricity from the grid. The utilization of renewable biomass fuels like wood waste also allows customers to substantially lower their carbon emissions. The company's last investment was a $2.50M Venture Round investment at 31 May 2011, and the investors involved were Business Development Bank of Canada and BDC Venture Capital. Nexterra operates within the industries of Energy, Manufacturing, Renewable Energy, Sustainability, and Oil and Gas.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $2.50M | 2 | Business Development Bank of Canada, BDC Venture Capital | 31 May 2011 |
Venture Round | $15.00M | 2 | Tandem Expansion | 02 Mar 2011 |
Venture Round | $7.70M | 1 | 31 Aug 2009 | |
Series D | $3.80M | 1 | 27 Aug 2008 | |
Series C | $6.80M | 1 | 25 Jan 2007 |
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