BioOilSolv
Canada · $4.6M raised
- Employees
- 1–10
- Business Model
- B2B
- Website
- biooilsolv.ca
- Total Funding
- $4.6M
- Last Round
- $4.6M GrantJul 2025
- Rounds
- 1
About
BioOilSolv develops biomass-derived solvents from agricultural and forestry waste as drop-in replacements for petrochemical solvents in oil sands extraction, industrial cleaning, coatings, and fuel additives. The company's flagship solvent targets solvent-assisted SAGD bitumen recovery, promising significant GHG reductions and improved production economics for oil sands operators. It is a University of Calgary spinoff working with Imperial Oil to validate the technology at pilot scale.
Summary
BioOilSolv is an Advanced Materials company based in Canada. It has raised $4.6M in total across 1 round, most recently a $4.6M Grant round in Jul 2025. Investors include Emissions Reduction Al.
Funding History
Jul 2025
Investors
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