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Valent - About the company

Valent is a series B company based in Mississauga (Canada), founded in 2018 by Karlis Vasarais and Tim Haig. It operates as a Provider of renewable fuels and oil desulfurization solutions. Valent has raised $30M in funding from Kensington Capital Partners and World Energy. The company has 17 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like GenOil, Bayshore Petroleum and Advanced Energy Materials.

Company Details

Valent specializes in providing renewable fuels and oil desulfurization solutions for the oil and gas industry. It offers solutions such as hydrogen distribution, fuel desulphurization, renewable jet/diesel fuel, and more.
Social
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Email ID
*****@valentcorp.com
Registered Address
407 Maple Avenue, Oakville
Key Metrics
Founded Year
2018
Location
Mississauga, Canada
Stage
Series B
Total Funding
$30M in 2 rounds
Latest Funding Round
Ranked
Employee Count
3 as on May 31, 2026
Investment & Acquisitions
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Valent's funding and investors

Valent has raised a total funding of $30M over 2 rounds. Its first funding round was on Dec 12, 2019. Its latest funding round was a Series B round on Feb 24, 2021 for $*****. 1 investor participated in its latest round. Valent has 2 institutional investors.

Here is the list of recent funding rounds of Valent:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 24, 2021
6418946
Series B
1311643
1686358
9337360
1804128
Dec 12, 2019
2482269
Series B
5855200
1468704
3276133
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Valent's founders and board of directors

Founder? Claim Profile
The founders of Valent are Karlis Vasarais and Tim Haig. Tim Haig is the CEO of Valent.
Here are the details of Valent's key team members:

Valent's Board of Directors

Valent's board has 3 active members. Ryan French, Harold Huber and Aidan Richardson are independent board members.
Here is the list of Valent's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
2y 6m
gfydlor
Independent board member
-
Current
7y 2m
rppoftd
Independent board member
-
Current
3y 6m

Valent's employee count trend

Valent has 3 employees as of May 26. Here is Valent's employee count trend over the years:
Employee count trend for Valent
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Valent's Competitors and alternates

Top competitors of Valent include GenOil, Bayshore Petroleum and Advanced Energy Materials. Here is the list of Top 10 competitors of Valent, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Valent
Valent
2018, Mississauga (Canada), Series B
Provider of renewable fuels and oil desulfurization solutions
$30M
41/100
2nd
Logo for GenOil
GenOil
1996, Calgary (Canada), Early Stage
Technology developer for processing crude oil
$613K
-
37/100
3rd
Logo for Bayshore Petroleum
Bayshore Petroleum
2003, Calgary (Canada), Public
Developer of catalyst-based technology for processing heavy oil and oil sand
-
-
30/100
4th
Developer of nano-based battery components
$1.3M
29/100
5th
Logo for Auterra
Auterra
2003, Schenectady (United States), Deadpooled
Innovative desulfurization technologies for cleaner energy and reduced environmental impact
$3.21M
29/100
6th
Logo for RRT Global
RRT Global
2011, Saint Petersburg (Russia), Seed
Technology developer for modern oil refining processes
-
27/100
7th
Environmental tech company providing clean fuel and desulfurization solutions
-
25/100
8th
Logo for Newskyenergy
Newskyenergy
2007, Boulder (United States), Seed
Developer of chemical technologies for industrial waste conversion and gas treatment
$218K
25/100
9th
Logo for CHEM DROP
CHEM DROP
2017, Tallahassee (United States), Unfunded
Provider of a product outlets and contaminant removal solutions from crude oils
-
-
24/100
10th
Crude oil and petroleum desulfurization solution provider
-
-
24/100
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Valent's Investments and acquisitions

Valent has made 2 investments in Imtex Membranes and FORGE Hydrocarbons. Valent has not made any acquisitions as of now.

News related to Valent

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FAQs about Valent

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