# FORGE Hydrocarbons: Semiconductors, Oakville, Canada

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

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

Canada · [Semiconductors startup](https://millionrounds.com/companies)

# FORGE Hydrocarbons

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

Email

Funding reported Last round: Undisclosed round

Semiconductors Oakville, Canada

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Company summary

- **Founded:** 2012 14 years old
- **Team:** 4 1 to 10 people
- **Funding reported:** 34.2M as listed, currency not stated
- **Last round:** Undisclosed round Feb 2020

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 FORGE Hydrocarbons 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 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 all **34.2M** in the source's currency

Rounds **2**

Last round **Undisclosed round**

Last round size **22M**

Last round date **Feb 2020**

Investors listed **3**

## The company, in detail

What they build

Known for

hardware canadian saf roadmap clean energy & technology petroleum substitute full-octane gasoline manufacturing renewable diesel cost savings petroleum refineries environmental services biofuel production semiconductors waste fats oils greases diesel from animal fats mechanical or industrial engineering services

Built with from their website

Google Maps YouTube Google Places Element UI Google Maps Platform GlobeNewswire Microsoft Exchange Microsoft 365 Apps & Services Open Graph WebSite Tonight

+8 more

GoDaddy Domains Amazon AWS Microsoft Exchange Online HSTS Microsoft 365 Outlook Microsoft Email Providers GoDaddy Hosting

- **Sector:** Semiconductors
- **Industry code:** NAICS 324110, 541715, SIC 2869
- **Region:** Ontario
- **Revenue:** 2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/forge-hydrocarbons)

## Semiconductors in Canada

Startups like it

- [**Loraxian Inc.** Oakville · founded 2014](https://millionrounds.com/startup/loraxian-inc)
- [**SPARK Microsystems** Montreal · founded 2016](https://millionrounds.com/startup/spark-microsystems)
- [**VueReal Inc.** Waterloo · founded 2016](https://millionrounds.com/startup/vuereal-inc)
- [**SWTCH** Toronto · founded 2016](https://millionrounds.com/startup/swtch)
- [**Virtual Silicon** Clarington · founded 1997](https://millionrounds.com/startup/virtual-silicon)
- [**Redlen Technologies Inc.** Saanichton · founded 1999](https://millionrounds.com/startup/redlen-technologies-inc)
- [**Stathera, Inc.** Montreal · founded 2015](https://millionrounds.com/startup/stathera-inc)
- [**PURE Energies** Toronto · founded 2009](https://millionrounds.com/startup/pure-energies)

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