Kanin Energy

Turn Waste Heat to Power - Kanin Energy - Home

Calgary, Canada · Founded 2020 · $100.0M raised

Headquarters
Calgary
Employees
1–10
Founded
2020
Business Model
B2B
Total Funding
$100.0M
Last Round
$100.0M Venture RoundSep 2026
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Kanin Energy is a clean energy developer that helps heavy industry decarbonize their operations. As a technology agnostic developer, Kanin streamlines end-to-end development and financing, adapted for each industrial facility. Its waste heat to power solution transforms industrial waste heat into clean baseload electricity, and Kanin develops, finances, and operates these projects. Energy-as-a-Service lets customers pay for energy services without any upfront capital investment, with projects typically owned by Kanin.

Summary

Kanin Energy is a Clean Energy company based in Calgary, Canada, founded in 2020. It has raised $100.0M in total across 2 rounds, most recently a $100.0M Venture Round in Sep 2026. Investors include PaceZero Capital Partners and Breakthrough Energy Ventures.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Venture RoundFunding RoundSep 2026
$100.0M

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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.

Investors

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