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EnerPure closes US$35 million all-equity commercialization financing led by Rice Investment Group to develop its first commercial UMO recycling plant.
PRIVATEAug 20, 2026•about 5 hours ago
Amount Raised
$35 Million
Round Type
Venture - Series Unknown
WinnipegInformation TechnologySoftware
Investors
Canada Growth Fund Inc.Rice Investment Group
Description
EnerPure Inc. has successfully closed a US$35 million commercialization financing led by Rice Investment Group. The funds will support the construction of their Alberta Commercial Plant and advance their deployment pipeline. This financing marks a significant transition for EnerPure from development into commercial operations
Company Information
Company
Ener Pure
Location
Winnipeg, Manitoba, Canada
About
EnerPure's waste oil regeneration technology provides a profitable and sustainable solution for recycling waste lubricating oil.
The mishandling and improper disposal of waste oil is an issue that adversely impacts the environment and human life worldwide. Unfortunately, the bulk of waste oil is indiscriminately burned, dumped, or buried, contaminating the air, water, and soil. The impact of improper disposal is devastating on human health and the environment by contributing to acid rain, carcinogenic emissions and asthma-causing gases.
EnerPure has chosen to approach the waste oil problem differently from conventional processes: sometimes smaller is better. EnerPure's regeneration technology provides a truly practical and profitable solution to the waste oil handling predicament. Rather than trying to bring the waste to the solution, we bring the solution to the waste.
An EnerPure regeneration unit is completely self-sustainable within a moderately sized urban or industrial area. After the regeneration process, the finished fuel product can be sold directly back into the same marketplace from which the waste oil originated. The simplicity of operation and the small geographic loop used in the execution of the business model decrease overhead while creating local sustainable employment.
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WinnipegInformation TechnologySoftware