Ancoris Capital Partners once again acted as the exclusive financial advisor to Airex Energy (“Airex”) in successfully closing its Series D funding round. The growth equity round was led by SUEZ, a leading provider of circular solutions in the water and waste sectors. Additional investors included Cycle Capital, Fonds de Solidarité FTQ, and Investissement Quebec.
“We are grateful for the unwavering support and expertise of the Ancoris team. This closing of our Series D funding marks a key milestone in Airex Energy’s journey. We are now well positioned to accelerate major projects in Quebec, Canada and Europe.“
– Luc Veilleux, Chief Financial Officer of Airex Energy
Airex Energy is an innovative leader developing and providing world-class decarbonization solutions capable of significantly reducing GHG emissions. With its proprietary CarbonFX™ technology, Airex Energy transforms biomass into high-value ecological products such as biochar, biocarbon, and biocoal. Since 2016, the company has operated the first and only industrial biocoal production plant in Canada and now exports its solutions globally, including to the United States, Europe, and Asia. In 2023, the company and its partners Groupe Rémabec and SUEZ have also announced plans to build Canada’s first biochar plant.
About Airex
For more information about Airex, please visit: https://airex-energy.com/
About SUEZ
For more information about SUEZ, please visit: https://www.suez.com/en
About Cycle Capital
For more information about Cycle Capital, please visit: https://cyclecapital.com/en/
About FSTQ
For more information about FSTQ, please visit: https://www.fondsftq.com/en/
About Invetissement Quebec
For more information about IQ, please visit: https://www.investquebec.com/quebec/en/
