Enexor BioEnergy develops and manufactures patented Bio-CHP systems that convert almost any organic, plastic, or biomass waste into reliable, continuous power and thermal energy. The systems are modular, enclosed in a 20-foot custom shipping container, and designed for quick deployment and on-site mobilization. Enexor positions its technology to provide landfill diversion, generate carbon and plastic credits, and reduce greenhouse gas emissions while delivering immediate cost savings for customers. The company will use newly awarded funds to install Bio-CHP systems at a U.S. Army installation to improve energy resiliency and test feedstock feasibility. Planned pilot work includes site assessments, permitting, carbon credit validation and verification, and feedstock testing and feasibility studies. Enexor manufactures its systems at its headquarters in Franklin, Tenn., and has previously secured a Series A investment from BorgWarner and participation in multiple corporate and accelerator programs. Enexor Energy is a Halliburton Labs participant that develops on-site renewable energy and carbon conversion solutions. Its technology targets the world's organic waste and plastic waste problems by converting waste and providing renewable energy on site. The company is described as Houston-based in the article. Enexor secured a $10 million investment from BorgWarner. Founder and CEO Lee Jestings said the firm and BorgWarner share a passion for technological innovation and expect a fruitful partnership. The article does not disclose additional operating metrics, revenue, users, or prior funding details.

Total raised

$12M

Funding rounds

3

Latest round

Equity

Latest activity

Mar 2023