Wase - About the company
Wase is a series A company based in Bristol (United Kingdom), founded in 2017 by Thomas Fudge. It operates as a Developer of modular electro-methanogenic biogas technology. Wase has raised $16.6M in funding from Extantia and Elbow Beach Capital. The company has 85 active competitors, including 30 funded and 6 that have exited. Its top competitors include companies like GPS Renewables, Carbonlites and Raízen.
Company Details
Developer of modular electro-methanogenic biogas technology. This technology enhances biogas production from waste streams, offering a more efficient and compact solution compared to traditional anaerobic digestion. The system is designed for seamless integration into existing operations and includes ongoing maintenance and optimization services. It is applicable across various sectors, including food and beverage processing, agriculture, and brewing. The technology aims to improve methane yields, reduce waste treatment costs, and increase energy production from waste byproducts.
- Website
- wase.co.uk
- Email ID
- *****@wase.co.uk
- Phone Number
- +44 **********
- Registered Address
- 86-90 Paul Street, London, England, EC2A 4NE
Key Metrics
Founded Year
2017
Location
Bristol, United Kingdom
Stage
Series A
Total Funding
$16.6M in 6 rounds
Latest Funding Round
Ranked
20th among 85 active competitors
Annual Revenue
£0 - £1M as on Mar 31, 2025
Employee Count
52 as on Jul 31, 2026
Similar Companies
Legal entities associated with Wase
Wase is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RESOURCE GURU LIMITED CIN: 7622607 , Germany, Active | May 04, 2011 | - | 14 (As on May 31, 2024) | |
WASE LIMITED CIN: 10616124 , United Kingdom, Active | Feb 12, 2017 | £0 - £1M (As on Mar 31, 2025) | 21 (As on Mar 31, 2025) | |
WASE, Ltd. CIN: 20221575523 , United States, Active | Jun 08, 2022 | - | - | - |
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Wase's funding and investors
Wase has raised a total funding of $16.6M over 6 rounds. Its first funding round was on Apr 14, 2020. Its latest funding round was a Series A round on Mar 27, 2024 for $*****. 6 investors participated in its latest round. Wase has 12 institutional investors.
Here is the list of recent funding rounds of Wase:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 27, 2024 | 5706413 | Series A | 5178326 | 6035864 | 8393232 | 7019115 |
Mar 27, 2024 | 6424890 | Conventional Debt | 4119042 | 4619568 | 1949958 | 8645444 |
Nov 16, 2023 | 5075413 | Seed | 5038483 | 3898798 | 9902755 | 1913403 |
View details of Wase's funding rounds and investors
Wase's founders and board of directors
Founder? Claim ProfileThe founders of Wase is Thomas Fudge. Thomas Fudge is the CEO of Wase.
Here are the details of Wase's key team members:
- Thomas Fudge: Founder & CEO of Wase and founder of 1 other company. Contact Info: 2 email addresses
View details of Wase's Founder profiles and Board Members
Wase's employee count trend
Wase has 52 employees as of Jul 26. Here is Wase's employee count trend over the years:
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Wase's Competitors and alternates
Top competitors of Wase include GPS Renewables, Carbonlites and Raízen. Here is the list of Top 10 competitors of Wase, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GPS Renewables 2012, Bengaluru (India), Series C | Provider of biogas engineering and clean fuels technology solutions | $91.7M | 69/100 | |
2nd | Carbonlites 2009, Bengaluru (India), Seed | Biogas digester developer and bio-CNG producer | $2.93M | 64/100 | |
3rd | Provider of bioenergy from waste products | - | 63/100 | ||
4th | Provider of biodigester technology that transforms animal waste into bioenergy | $60.4M | 59/100 | ||
5th | Aemetis 2006, Cupertino (United States), Public | Manufacturer of renewable fuels and renewable chemicals | - | 55/100 | |
6th | Provider of solutions to convert waste into fuel | $11.8M | 54/100 | ||
7th | Carbon Masters 2009, Bengaluru (India), Series A | Provider of carbon footprinting software and Net Zero consulting services | $2.05M | 53/100 | |
8th | Divert 2005, Concord (United States), Series B | Provider of recyclable waste management services | $1B | 52/100 | |
9th | Wildfire Energy 2016, Brisbane (Australia), Seed | Developer of biomass to syngas conversion technology | $1.39M | 50/100 | |
10th | Hydron Energy 2020, Vancouver (Canada), Series A | Developer of technology that upgrades biogas and purifies syn-gases | - | 49/100 | |
20th | Wase 2017, Bristol (United Kingdom), Series A | Developer of modular electro-methanogenic biogas technology | $16.6M | 39/100 |
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Wase's Investments and acquisitions
Wase has made no investments or acquisitions yet.
Reports related to Wase
Here is the latest report on Wase's sector:
News related to Wase
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London’s Elbow Beach secures €75.2M for its climate tech Fund 2 to supercharge early-stage UK startupsSilicon Canals•Mar 21, 2025•Elbow Beach, British Business Bank, Munro, Wase and 1 other
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WASE, a UK biogas tech startup raises £8.5M to convert wastewater into renewable energyTech Funding News•Mar 27, 2024•Wase, Extantia, Hitachi Ventures, WEPA and 5 others
•
WASE secures over €1m in wastewater-to-biomethane brewery contractsBioenergy Insight•May 24, 2023•Wase, Hepworth Brewery
•
Elbow Beach Capital leads WASE seed roundPrivate Equity Wire•Mar 24, 2022•Elbow Beach Capital, Wase, Science Angel Syndicate, Climate KIC and 2 others
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