Funding Received
$193.1 Million in 5 Rounds from 11 Investors
Most Recent Funding
$48.7 Million Private Equity on June 20, 2013
Founded:
2000
Headquarters:
Montréal, QC
Description:
Enerkem is a cleantech company transforming waste into transportation biofuels, renewable chemicals and everyday products.
Founders:
Vincent Chornet
Categories:
Clean Technology
Website:
http://www.enerkem.com

Detailed Description

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Enerkem produces renewable biofuels and chemicals from waste. 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 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.

Current Team (4)

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Past Team (3)

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Board Members and Advisors (6)

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Investors (11)

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  • 6ada11821fd80466b79d95e55317985f

    Waste Management

    Waste Management is a provider of waste and environmental services in North America.
  • 54216eb9a60c554fdda60a41aeafa683

    Cycle Capital

    private equity
  • Dc1ee6850578def24dbe5d3a4f1941e3

    The Westly Group

    The Westly Group invests in leading and up-and-coming cleantech companies in an effort to...
  • 964561f880251526f6a9279fadecf1f3

    Braemar Energy Ventures

    While energy has been a key to global development since the dawn of the electronic age, the...
  • D83bfe6e821a7953a2585eb35abb22eb

    Rho Ventures

    Rho Ventures is a private equity firm that invests in high growth companies across multiple...
  • 575bb6ef0f5b50fd917d5c3c1c858320

    Valero Energy

    Valero Energy is a Fortune 500 international manufacturer and a marketer of transportation fuels,...
  • Aa0b3a29c0c165f1eaa7471f8a49c927

    Fondaction

    Fondaction invests in venture capital in order to maintain and create jobs in Québec. Its net...
  • 9bfad75e950128bc7e2e6b3acfa1d3f8

    Quince Associates

    Quince Associates was founded in 1975 and specializes in Real Estate, Structured Finance &...

Offices/Locations (1)

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  • Headquarters

    1500-1130 Sherbrooke Street West

    Quebec

    Montréal, QC H3A 2M8

    CAN