Obeo Biogas Closes $3M Seed Funding

Obeo Biogas

Obeo Biogas, a Montreal, Canada-based provider of biogas solutions for dairy farms, raised $3M in Seed funding.

The round was led by Diagram Ventures.

The company intends to use the funds to accelerate its growth and enhance its ability to provide sustainable biogas solutions to dairy farms across North America.

Led by CEO Renaud Lavoie, Obeo Biogas is a biogas developer specializing in the design, construction, and operation of biogas systems specifically tailored for dairy farms. It works to convert organic waste, specifically manure, into renewable energy, sanitized bedding, and nutrient-rich fertilizer through anaerobic digestion.

Obeo Biogas has signed a strategic partnership with Valmetal, a company specializing in agricultural equipment design, manufacturing, and distribution, to further enhance its service offerings.

FinSMEs

10/05/2023