Enerkem

Canada
Maple Bay, British Columbia, Canada, H3A 2M8

Company profile

Enerkem company profile

Enerkem is a cleantech company transforming waste into transportation biofuels, renewable chemicals, and everyday products. Through the combination of a proprietary thermochemical technology platform and community-based advanced facilities, Enerkem addresses the challenges of oil dependence and waste disposal. Enerkem has validated its proprietary technology over a period of 10 years using the solid waste from numerous municipalities and other types of feedstock. The company’s process and business model are designed to profitably produce cellulosic ethanol from a large municipal solid waste supply. Enerkem is a private company founded in 2000 by its current senior management. It is majority-owned by institutional, clean-technology and industrial investors, including Rho Ventures, Waste Management, Braemar Energy Ventures, Investissement Québec, Valero, Cycle Capital, The Westly Group, Fonds de solidarité FTQ, and Fondaction CSN. Headquartered in Montreal, Canada, Enerkem has 170 employees in Canada and the United States.

Business identity

Contact email
[email protected]
Phone number
(514) 875-0835
Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Revenue range
$1M-$10M
Founded
2000-01-01, Year

Headquarters

Postal code
H3A 2M8
Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding stage
Private Equity
Funding rounds
11
Total equity funding
$522.5M
Last funding
Convertible Note / $123.4M / 2022-04-06
Last equity funding
Private Equity / $79.6M
Investors
23
Lead investors
7
Founders
2
Articles
151

Founders and investors

Founders

Esteban ChornetVincent Chornet

Lead investors

Avenue Capital GroupBraemar Energy VenturesMonarch Alternative CapitalRepsolRho VenturesSinobioway GroupSuncor Energy

Investors

Avenue Capital GroupBlackRockCycle CapitalFonds de solidarité FTQNational Bank of Canada