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Anaergia Inc. closed the second tranche of a C$40.8 million strategic investment from Marny Investissement SA for the release of 34,000,000 units and the appointment of a new board member.

Mar 29, 2024over 1 year ago

Amount Raised

$40.8 Million

BurlingtonAgriculture and FarmingRenewable Energy

Investors

Marny Investissement Sa

Description

Anaergia Inc. announced the closing of the second tranche of the strategic investment from Marny Investissement SA, involving a C$40.8 million investment. This will result in the release of 34,000,000 units and the appointment of a nominee of Marny to the Company’s board of directors.

Company Information

Company

Anaergia

Location

Burlington, Ontario, Canada

About

Anaergia was created to eliminate a major source of greenhouse gases by cost effectively turning organic waste into renewable natural gas (RNG), fertilizer and water, using proprietary technologies. With a proven track record from delivering world-leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high efficiency anaerobic digestion, upgrading biogas, producing fertilizer and cleaning water. Our customers are in the municipal solid waste, municipal wastewater, agriculture, and food processing industries. In each of these markets Anaergia has built many successful plants including some of the largest in the world. Anaergia owns and operates some of the plants it builds, and it also operates plants that are owned by its customers.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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