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EnerPure

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Modular plants converting used motor oil to marine fuel

Winnipeg, CanadaFounded 2009Energy
Valuation $25–50M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About EnerPure

EnerPure is a Canadian cleantech company that has developed a patented technology for recycling used motor oil (UMO) into a high-quality, low-carbon marine fuel. Founded in 2009 by Todd Habicht in Winnipeg, the company was originally named HD-Petroleum. The technology was initially a prototype developed by Todd's grandfather, Bernard George Habicht, who was also the inventor of the rotary combine. Todd Habicht recognized the global potential of the technology, turning the backyard project into a commercially proven and patented process.

The company's core business revolves around deploying modular, micro-scale recycling plants that are significantly less capital-intensive than traditional re-refining solutions, costing about 5% of the capex. This modular design allows for localized recycling, bringing the solution directly to the source of the waste oil and reducing collection costs. EnerPure's patented three-phase process involves pre-treatment and dehydration to remove contaminants, followed by thermal cracking and distillation to produce marine distillate fuel. The resulting fuel is compliant with the ISO 8217 standard and has a sulphur content below 0.1%, with a carbon intensity 14.6% lower than comparable petroleum-based marine fuels.

EnerPure operates on a business model of building and operating these recycling plants. Its revenue is generated from the sale of the produced marine fuel. The company has proven its technology through a pilot plant in Southern Manitoba, which processed 1.6 million litres of UMO and sold over 1.2 million litres, validating market demand. Key customers include Maersk, the world's largest container shipping company, through an off-take agreement with Elbow River Marketing, a subsidiary of Parkland Corporation. The company has received funding from investors such as Sustainable Development Technology Canada (SDTC), Green Union Capital, and Cliffbrake, raising over $11.2 million.

Source: Dealroom company data

At a glance

Founded
2009
Headquarters
Winnipeg, Canada
Sector
Energy

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Sustainable Development Technology Canada
  • Emissions Reduction Alberta (ERA)

Series B and later2 investors entered at this stage

  • Rice Investment Group
  • Canada Growth Fund
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇦 Canada55.6%
🇮🇳 India11.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

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Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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