About Enerkem
Enerkem is a company based in Montreal (Canada) founded in 2000 by Vincent Chornet.. Enerkem has raised $858.65 million across 18 funding rounds from investors including WM, National Bank of Canada and Repsol. Enerkem operates in a competitive market with competitors including LanzaTech, Raízen, Fulcrum Bioenergy, Aemetis and INENTEC, among others.
- Headquarter Montreal, Canada
- Founders Vincent Chornet
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Sectors
EnvironmentEnergy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Enerkem Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$858.65 M (USD)
in 18 rounds
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Latest Funding Round
$255 M (USD), Series H
Apr 06, 2022
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Investors
WM
& 26 more
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Employee Count
Employee Count
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Funding Insights of Enerkem
Enerkem has successfully raised a total of $858.65M across 18 strategic funding rounds. The most recent funding activity was a Series H round of $255 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 18
- Last Round Series H — $255.0M
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First Round
First Round
(29 Jan 2007)
- Investors Count 27
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series H - Enerkem | Valuation | Repsol | |
| Feb, 2022 | Amount | Grant - Enerkem | Valuation |
investors |
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| Oct, 2019 | Amount | Series G - Enerkem | Valuation | Suncor |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Enerkem
Enerkem has secured backing from 27 investors, including institutional and venture fund investors. Prominent investors backing the company include WM, National Bank of Canada and Repsol. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified investments in distressed debt and securities are managed globally.
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Founded Year | Domain | Location | |
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Monarch Alternative Capital is engaged in opportunistic credit and real estate investments.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Enerkem
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Enerkem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Enerkem Comparisons
Competitors of Enerkem
Enerkem operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LanzaTech, Raízen, Fulcrum Bioenergy, Aemetis and INENTEC, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Waste carbon is treated via a bio-processing platform.
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| domain | founded_year | HQ Location |
Bioenergy from waste products is produced, including ethanol and biogas.
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| domain | founded_year | HQ Location |
Ethanol production from municipal solid waste is enabled.
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| domain | founded_year | HQ Location |
Renewable fuels and chemicals are manufactured by the company.
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| domain | founded_year | HQ Location |
Technology developer for conversion of wastes to energy
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| domain | founded_year | HQ Location |
Sustainable fuels are produced from waste biomass and biogenic CO2.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Enerkem
Frequently Asked Questions about Enerkem
When was Enerkem founded?
Enerkem was founded in 2000 and raised its 1st funding round 7 years after it was founded.
Where is Enerkem located?
Enerkem is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Enerkem a funded company?
Enerkem is a funded company, having raised a total of $858.65M across 18 funding rounds to date. The company's 1st funding round was a Series G of $37.82M, raised on Jan 29, 2007.
What does Enerkem do?
Enerkem was founded in 2000 in Montreal, Canada, within the renewable energy sector. Non-recyclable municipal solid waste is converted into methanol, ethanol, and chemical intermediates through proprietary technology. Operations include technology licensing and the supply of fully fabricated modular equipment for on-site assembly. Focus is placed on biofuels and renewable chemicals derived from waste materials.
Who are the top competitors of Enerkem?
Enerkem's top competitors include INENTEC, Fulcrum Bioenergy and LanzaTech.
Who are Enerkem's investors?
Enerkem has 27 investors. Key investors include WM, National Bank of Canada, Repsol, Valero, and Suncor.