Top 5 Biofuel startups in Canada

Jul 13, 2026
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1
Enerkem
Funding: $820.8M
Enerkem has developed gasification technology that converts a wide range of biomass waste into low-carbon fuels and chemicals. Shredded waste is fed into a bubbling fluidized bed gasification reactor where it reacts with steam and oxygen, breaking down the molecules and producing a gas mixture called syngas. The syngas is then sent to another vessel, a reformer, for further conversion of the molecules into the desired components. The resulting syngas is rich in hydrogen and carbon monoxide, key building blocks of molecules used in modern chemical processes. Enerkem has a pipeline of new projects to produce 1,000,000 tons of environmentally friendly methanol per year.
2
Nexterra
Funding: $40.8M
Nexterra delivers advanced gasification systems to self-generate clean, low cost heat and power using waste fuels.
3
Woodland Biofuels
Funding: $33.4M
Woodland Biofuels develops technology ti produce cellulosic ethanol from waste biomass, such as wood chips and agricultural waste.
4
Pond Technologies
Funding: $21.1M
Pond captures industrial emissions and grows algae off it. Algae are processed into petroleum derivatives.
5
NULIFE GreenTech
Funding: $300K
NULIFE GreenTech has created an oxygen reduction catalyst that can unlock the advanced biofuels market and allow governments around the world to meet their clean fuel mandates.
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Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com