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FORGE Hydrocarbons

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FORGE Hydrocarbons is offers an innovative approach to producing a cost effective drop-in renewable diesel fuel

CanadaFounded 2012Transportation
Valuation $100–250M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for FORGE Hydrocarbons and the history behind them.

About FORGE Hydrocarbons

FORGE Hydrocarbons Corporation specializes in the development and licensing of renewable fuel technology. The company's patented Lipid to Hydrocarbons (LTH) process converts waste fats and low-value organic oils into hydrocarbons that are indistinguishable from traditional petroleum-based fuels. This technology offers significant reductions in greenhouse gas emissions, as well as potential decreases in NOx, SOx, and particulate matter (PM) emissions due to improved combustion properties. FORGE aims to build, own, and operate renewable fuel facilities in North America, either independently or through strategic partnerships, while also licensing its technology globally. The company serves the oil and gas industry, which is increasingly seeking renewable diesel as a premium alternative to biodiesel. FORGE's business model includes both direct operation of renewable fuel facilities and revenue from technology licensing. The company generates income by transforming waste fats into valuable hydrocarbons, achieving lower operating costs compared to biodiesel production.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Canada
Employees
5
Open positions
None listed
Dealroom signal
64.9/100
Industry
Energy, Transportation
Sub-industry
Oil & Gas
Sector
Transportation, Biotechnology, Spinout, Biofuel, Sustainable Development Goals, Climate Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Feb 2020 $22M $88M Valent Low-Carbon Technologies ↗
GRANTOther financing Mar 2016 $3.1M — Sustainable Development Technology Canada ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

FORGE Hydrocarbons website traffic

Latest recorded traffic for FORGE Hydrocarbons is 460 monthly website visits, down 50% over the last three months. FORGE Hydrocarbons's team declined 16.7% over the past year.

Latest monthly visits460 3-month web change-50% 1-year team growth-16.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

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

Seed1 investor entered at this stage

  • Sustainable Development Technology Canada

Series B and later1 investor entered at this stage

  • Valent Low-Carbon Technologies

Other known investors3 additional known investors

  • University of Alberta
  • Shell
  • Shell Ventures
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
1 countries with
team presence
🇨🇦 Canada100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about FORGE Hydrocarbons on X, ranked by likes and reposts, corporate channels excluded.

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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