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Iogen - About the company

Iogen is a late stage company based in Ottawa (Canada), founded in 1974. It operates as a Developer of technology to convert biomass into renewable transportation fuels. Iogen has raised $62M in funding from Goldman Sachs. The company has 22 active competitors, including 4 funded and 6 that have exited. Its top competitors include companies like ICM, Praj and Chempolis.

Company Details

Developer of technology to convert biomass into renewable transportation fuels. This process produces renewable natural gas, sustainable hydrogen, and drop-in renewable fuels for marine, ground, and air transportation. The systems incorporate carbon capture and removal methods directly into the production cycle to generate carbon-negative fuel solutions for producers, refiners, and blenders.
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Email ID
*****@iogen.com
Phone Number
+1 **********
Registered Address
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Key Metrics
Founded Year
1974
Location
Ottawa, Canada
Stage
Late Stage
Total Funding
$62M in 3 rounds
Latest Funding Round
Ranked
Employee Count
68 as on Sep 30, 2026
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Iogen's funding and investors

Iogen has raised a total funding of $62M over 3 rounds. Its first funding round was on 1999. Iogen has 3 institutional investors.

Here is the list of recent funding rounds of Iogen:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2007
2954
PE
9665
2634
5510
9527
2006
9044
PE
9913
5562
2016
5102
1999
6332
PE
2922
2105
5325
1798
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Iogen's founders and board of directors

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Here are the details of Iogen's key team members:

Iogen's Board of Directors

Iogen's board has 1 active member. Patrick J. Foody is independent board member.
Here is the list of Iogen's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
13y 7m

Iogen's employee count trend

Iogen has 68 employees as of Sep 26. Here is Iogen's employee count trend over the years:
Employee count trend for Iogen
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Iogen's Competitors and alternates

Top competitors of Iogen include ICM, Praj and Chempolis. Here is the list of Top 10 competitors of Iogen, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ICM
ICM
1995, Colwich (United States), Funding Raised
Manufacturer of biorefining technology equipment and process optimization plant systems
-
51/100
2nd
Logo for Praj
Praj
1983, Pune (India), Public
Manufacturer of bioenergy systems and industrial process equipment for facilities
-
50/100
3rd
Logo for Chempolis
Chempolis
1995, Oulu (Finland), Acquired
Technology developer for papermaking fiber and cellulosic ethanol
$11.3M
44/100
4th
Logo for Beta Renewables
Beta Renewables
2011, Tortona (Italy), Acquired
Second generation Bio ethanol Licensor
$116M
41/100
5th
Logo for Green Earth Institute
Green Earth Institute
2011, Tokyo (Japan), Public
Developer of fermentation production technology and biotechnology for biomass utilization
$976K
40/100
6th
Logo for Vertimass
Vertimass
2013, Irvine (United States), Funding Raised
Developer of technology to convert ethanol into sustainable hydrocarbon fuels
-
 
39/100
7th
Logo for BioGasol
BioGasol
2006, Ballerup (Denmark), Series A
Developer of biomass fractionation technology for extracting plant sugar resources
$9.02M
38/100
8th
Logo for Iogen
Iogen
1974, Ottawa (Canada), Late Stage
Developer of technology to convert biomass into renewable transportation fuels
$62M
37/100
9th
Logo for Tyton Biofuels
Tyton Biofuels
2014, Raeford (United States), Series A
Manufacturer of ethanol and animal feed from plant based feedstocks
$4.19M
-
35/100
10th
Logo for Coskata
Coskata
2006, Warrenville (United States), Deadpooled
Technology developer and supplier for Bio ethanol
$144M
34/100
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Iogen's Investments and acquisitions

Iogen has made no investments or acquisitions yet.

Reports related to Iogen

Here is the latest report on Iogen's geography:

News related to Iogen

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Iogen: Biofuels Digest’s 2015 5-Minute GuideBiofuels Digest•Mar 09, 2015•Iogen
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