Envigas

Envigas

Delivers thermochemical processes to turn organic residuals into value. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
€45m (Public information from Nov 2023)
Stockholms kommun Stockholm County (HQ)
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DateInvestorsAmountRound
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N/A

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$9.9m

Valuation: $49.5m

Growth Equity non VC
Total Funding-

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Envigas AB is a Swedish company specializing in the conversion of organic materials into valuable byproducts such as BioCarbon, BioOil, and syngas through a process known as pyrolysis. The company primarily serves industries that require high-quality reduction agents, activated carbon, and graphite, as well as those in need of efficient energy solutions. Operating in the renewable energy and materials sector, Envigas targets clients in the metallurgical, battery, and energy industries.

Envigas's business model revolves around the sale of its three core products: BioCarbon, BioOil, and syngas. BioCarbon, also known as BioCoke, is produced with a high carbon content and can be used in various industrial applications. BioOil, a tarry liquid, can be refined into transportation fuel or used for heating and cooling. Syngas, with its high heating value, is ideal for powering boilers and providing energy for local communities.

Revenue is generated through the sale of these products to industrial clients who benefit from their high efficiency and environmental sustainability.

Keywords: BioCarbon, BioOil, syngas, pyrolysis, renewable energy, industrial applications, reduction agent, activated carbon, graphite, energy solutions.

Tech stack

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