Canary Biofuels Inc.

Canary Biofuels Inc.

Private
Calgary, AlbertaEnergy & Sustainabilityhttp://www.canarybiofuels.com

Last Round

Grant

Feb 26, 2025

Total Funding Raised

$9.33M

Company Overview

Canary Biofuels Inc. is a cleantech company that operates a biofuel facility producing second-generation biodiesel using agricultural waste feedstock.

Sector

Energy & Sustainability

Verticals

Alternative Fuels, Renewable Energy, Clean Transportation, Clean Manufacturing, Circular Economy

Business Model

B2B

Customer Profile

Government Contracts

AI Layer

Non-AI

Keywords

renewable dieselsustainable aviation fuelSAFbiofuelsrenewable fuelsbiofuel refinerylow-carbon fuelsdrop-in fuelsecond-generation biofuelsagricultural feedstocksclean fuel standardsgreen fuelcanola oil feedstockB2B fuel salesarctic-grade renewable dieselnaphtha

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Canary Biofuels Inc. Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Canary Biofuels Inc. Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantFeb 26, 2025
GrantJul 27, 2021
DebtMar 3, 2021
Private PlacementMar 3, 2021

Canary Biofuels Inc. Investors

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Market signals

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  • Feb 25, 2025

    $18 million to build a new crushing plant in Lethbridge, Canada.

Canary Biofuels Inc. Filings

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TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Canary Biofuels Inc. Filings

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Frequently Asked Questions

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Firmographic Details

HeadquartersCalgary, Alberta
Year Founded2021
Last FundingFeb 26, 2025

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