EnerPure develops proprietary micro-scale refining technology that turns used motor oil (UMO) into market-ready, IMO 2020-compliant marine fuel with a significantly lower carbon footprint. The company’s patented system is designed to be deployed in communities of all sizes, eliminating the prevalent practice of burning or dumping waste oil. EnerPure has proven its approach through a full-scale pilot and demonstration plant and now plans commercial roll-outs to build a more sustainable energy infrastructure. Globally, 26 billion litres of UMO are generated each year, with roughly 80 % improperly disposed of, highlighting the scale of the opportunity. The recent oversubscribed financing provides fresh capital to accelerate plant deployments and advance toward a public-listing or strategic sale liquidity event. Each financing unit includes warrants that incentivize liquidity within 12 months, aligning investors with the company’s near-term growth milestones. EnerPure’s strategy positions it at the intersection of waste management, circular economy, and low-carbon fuel markets.

Total raised

$7M

Funding rounds

3

Latest round

Equity

Latest activity

Oct 2023