# Advonex International Corporation: Renewables & environment, Brockville, Canada

> Advonex International Corporation: Advonex International develops and markets sustainable hydrocarbons from renewable, bio-based feedstocks for high-value...

Source: https://millionrounds.com/startup/advonex-international-corporation (Millionrounds; every figure on the page links to its filing or article)

Canada · [Renewables & environment startup](https://millionrounds.com/companies)

# Advonex International Corporation

Advonex International develops and markets sustainable hydrocarbons from renewable, bio-based feedstocks for high-value chemical applications.

Funding reported Last round: Undisclosed round

Renewables & environment Brockville, Canada

Company summary

- **Founded:** 2012 14 years old
- **Team:** 3 1 to 10 people
- **Funding reported:** 4.2M as listed, currency not stated
- **Last round:** Undisclosed round Sept 2016

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Advonex International Corporation has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Advonex International Corporation

Advonex International develops and markets sustainable hydrocarbons from renewable, bio-based feedstocks for high-value chemical applications.

The company produces lubricants, waxes, emollients derived from plants or waste resources that deliver superior performance to ingredients traditionally derived from petroleum. Our customers get a partner that is committed to improving their business and products while reducing dependence and reliance on petroleum. \\Our Science. Your Business. Better World.\\The Company's first product is EntradaTM-BASE - a replacement for base oils used to produce automotive and industrial lubricants. Entrada-BASE enables formulators to produce lubricants with higher viscosity index, lower volatility and lower friction coefficient than petroleum base oils. Furthermore, it is easier to formulate into motor oils than poly-alpha-olefins (PAOs) and is more cost-effective. No other biologically-derived lubricant can deliver that level of performance. Advonex has produced Entrada-BASE from soybean, canola, used cooking oil, coconut, palm, distiller's corn oil, tallow and lard with equal success. In short, Entrada-BASE delivers superior performance at a lower cost and while reducing GHG emissions. \\The cosmetics and personal care industry is trying to walk a fine line between providing products that have a consistency that can only be delivered using petroleum-based products on the one hand and using renewable, natural and sustainable products on the other. Synthetic oils and waxes made from petroleum are less subject to batch-to-batch inconsistency than, for example, beeswax. However, consumer demand is very high for natural organic, plant-derived cosmetics. Advonex can deliver waxes (paraffinic and microcrystalline), petrolatum, synthetic mineral oils and other hydrocarbons with the consistency of petro-based products but sourced from soybean, canola and other plants.

## What company datasets say Advonex International Corporation raised

Funding, as reported

Reported in all **4.2M** in the source's currency

Rounds **1**

Last round **Undisclosed round**

Last round size **4.2M**

Last round date **Sept 2016**

Investors listed **1**

## The company, in detail

What they build

Known for

petroleum jelly alternative d5 replacement consumers renewable hydrocarbons beauty mineral oils waxes biobased chemicals personal care plant oil base oils renewable fuels cosmetics consumer goods emollients lubricants

Built with from their website

Remote

- **Sector:** Renewables & environment
- **Region:** Ontario
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/advonex-international)

## Renewables & environment in Canada

Startups like it

- [**Kanin Energy** Calgary · founded 2020 *Raised*](https://millionrounds.com/company/kanin-energy)
- [**dcbel** Montreal · founded 2015](https://millionrounds.com/startup/dcbel)
- [**Potentia Renewables Inc.** Toronto · founded 2010](https://millionrounds.com/startup/potentia-renewables-inc)
- [**e-Zinc** Toronto · founded 2013](https://millionrounds.com/startup/e-zinc)
- [**Peak Power Inc** Toronto · founded 2015](https://millionrounds.com/startup/peak-power-inc)
- [**Woodland Biofuels Inc.** Toronto · founded 2000](https://millionrounds.com/startup/woodland-biofuels-inc)
- [**INCA Renewtech** Kelowna · founded 2019](https://millionrounds.com/startup/inca-renewtech)
- [**Airex Energy** Laval · founded 2014](https://millionrounds.com/startup/airex-energy)

## Is this your company?

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