Canada · Semiconductors startup

FORGE Hydrocarbons

FORGE Hydrocarbons is a Canadian renewable energy company founded in 2012, originating as a spin-off from the University of Alberta.

Funding reportedLast round: Undisclosed round

SemiconductorsOakville, Canada

About FORGE Hydrocarbons

FORGE Hydrocarbons is a Canadian renewable energy company founded in 2012, originating as a spin-off from the University of Alberta.

The company specializes in Lipid-to-Hydrocarbon (LTH) technology, which converts waste fats and low-value oils into renewable diesel, jet fuel, and naphtha that are indistinguishable from traditional petroleum products. Headquartered in Oakville, Ontario, with additional locations in Sombra and Edmonton, FORGE is led by CEO Tim Haig, a notable figure in the biofuels sector. The company's proprietary LTH technology offers several advantages, including a production process that does not require catalysts or hydrogen, resulting in lower costs and a significant reduction in carbon intensity compared to fossil fuels. FORGE serves the B2B market, targeting the renewable energy and transportation sectors, including partnerships with government agencies to promote sustainable fuel initiatives. Currently, FORGE is expanding its operations with a new production plant in Sombra, Ontario, and is actively involved in research to enhance lipid-based fuel production.

What company datasets say FORGE Hydrocarbons raised

Funding, as reported

Reported in all34.2Min the source's currency
Rounds2
Last roundUndisclosed round
Last round size22M
Last round dateFeb 2020
Investors listed3

The company, in detail

What they build

Known for

hardwarecanadian saf roadmapclean energy & technologypetroleum substitutefull-octane gasolinemanufacturingrenewable dieselcost savingspetroleum refineriesenvironmental servicesbiofuel productionsemiconductorswaste fats oils greasesdiesel from animal fatsmechanical or industrial engineeringservices

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Sector
Semiconductors
Industry code
NAICS 324110, 541715, SIC 2869
Region
Ontario
Revenue
2M a year, as listed
Full record
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Semiconductors in Canada

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