Enerkem

Montreal, Canada Founded: 2000 • Age: 26 yrs
Biofuels and renewable chemicals are produced from municipal solid waste.
Annual revenue - Latest available
Total funding $858.6M 18 rounds
Employees - Tracked headcount
Investors 27 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Environment
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Enerkem Inc.
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $858.65 M (USD)

    in 18 rounds

  • Latest Funding Round
    $255 M (USD), Series H

    Apr 06, 2022

  • Investors
    WM

    & 26 more

  • Employee Count
    Not available
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People of Enerkem

Headcount 200-500
Employee Profiles 45
Board Members and Advisors 6
Employee Profiles
People
Rémi Marcotte
Ingénieur Projets
People
Michel Chornet
EVP, Engineering, Innovation & Operations
People
Jan-Martin Leblanc
Director Of Process Technology Licensing And Intellectual Property
People
Robert Plesz
Director Security, Operations, And Technology Architecture

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Board Members and Advisors
people
Joshua Ruch
Chairman
people
Larry MacDonald
Director
people
Neil S. Suslak
Director
people
François R. Roy
Director

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Diversified investments in distressed debt and securities are managed globally.
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Monarch Alternative Capital is engaged in opportunistic credit and real estate investments.
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Investor details for Enerkem

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Investments & Acquisitions by Enerkem

Investments
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Investment portfolio details for Enerkem

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Financial Statements - Enerkem

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Detailed financials for Enerkem

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Enerkem Comparisons

Enerkem Primary company
Description
Biofuels and renewable chemicals are produced from municipal...
Location
Montreal, Canada
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Enerkem

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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.

Company Name Domain Founded year HQ Location Description
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Waste carbon is treated via a bio-processing platform.
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Bioenergy from waste products is produced, including ethanol and biogas.
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Ethanol production from municipal solid waste is enabled.
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Renewable fuels and chemicals are manufactured by the company.
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Technology developer for conversion of wastes to energy
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Sustainable fuels are produced from waste biomass and biogenic CO2.
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Detailed competitors of Enerkem

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Latest news on Enerkem

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Frequently Asked Questions about Enerkem

Enerkem was founded in 2000 and raised its 1st funding round 7 years after it was founded.

Enerkem is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Enerkem is a funded company, having raised a total of $858.65M across 18 funding rounds to date.

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.

Enerkem's top competitors include INENTEC, Fulcrum Bioenergy and LanzaTech.

Enerkem has 27 investors. Key investors include WM, National Bank of Canada, Repsol, Valero, and Suncor.

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