# Obeo Biogas

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/obeo-biogas

- Industry: Agribusiness
- Headquarters: Montreal, Canada
- Website: www.obeobiogas.com
- Total disclosed funding: $2.2M
- Latest round: Seed (May 9, 2023)
- Investors on record: 2

## About

Based in Quebec, Canada, and founded in 2022 by its CEO Renaud Lavoie, CCO Alain Houle, and CFO Jean-Philippe Meloche, Obeo Biogas operates as a biogas developer company that focuses on designing, constructing, and operating biogas systems tailored for dairy farms. In May 2023, Obeo Biogas raised CAD 3 million in seed funding led by Diagram Ventures, with participation from Valmetal Group.

Obeo Biogas develops a farm biogas system that utilizes anaerobic digestion, a process that breaks down organic matter in an oxygen-free environment using bacteria, and provides a sustainable source of energy for farmers, reducing greenhouse gas emissions and decreasing dependence on fossil fuels. In addition to generating renewable energy, its facilities help manage manure, bedding, and nutrients on dairy farms, safeguard soil and water quality.

The company plans to use the seed funding to grow, expand its operations, enhance its service offerings, and provide more sustainable energy solutions.

## Funding rounds

- Seed, May 9, 2023, $2.2M — Diagram, Valmetal Group

## Investors

- Diagram (https://capitalatlas.ai/funds/diagram) — Seed
- Valmetal Group — Seed