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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
Social
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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
Investors
Ranked
Annual Revenue
£0 - £1M as on Mar 31, 2025
Employee Count
52 as on Jul 31, 2026
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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:lockFilter this list
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
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Wase's founders and board of directors

Founder? Claim Profile
The founders of Wase is Thomas Fudge. Thomas Fudge is the CEO of Wase.
Here are the details of Wase's key team members:

Wase's employee count trend

Wase has 52 employees as of Jul 26. Here is Wase's employee count trend over the years:
Employee count trend for Wase
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GPS Renewables
GPS Renewables
2012, Bengaluru (India), Series C
Provider of biogas engineering and clean fuels technology solutions
$91.7M
69/100
2nd
Logo for Carbonlites
Carbonlites
2009, Bengaluru (India), Seed
Biogas digester developer and bio-CNG producer
$2.93M
64/100
3rd
Logo for Raízen
Raízen
2011, Sao Paulo (Brazil), Public
Provider of bioenergy from waste products
-
63/100
4th
Logo for Sistema
Sistema
2009, Mexico (Mexico), Series B
Provider of biodigester technology that transforms animal waste into bioenergy
$60.4M
59/100
5th
Logo for Aemetis
Aemetis
2006, Cupertino (United States), Public
Manufacturer of renewable fuels and renewable chemicals
-
55/100
6th
Logo for WtE-As
WtE-As
2017, Barcelona (Spain), Series B
Provider of solutions to convert waste into fuel
$11.8M
54/100
7th
Logo for Carbon Masters
Carbon Masters
2009, Bengaluru (India), Series A
Provider of carbon footprinting software and Net Zero consulting services
$2.05M
53/100
8th
Logo for Divert
Divert
2005, Concord (United States), Series B
Provider of recyclable waste management services
$1B
52/100
9th
Logo for Wildfire Energy
Wildfire Energy
2016, Brisbane (Australia), Seed
Developer of biomass to syngas conversion technology
$1.39M
50/100
10th
Logo for Hydron Energy
Hydron Energy
2020, Vancouver (Canada), Series A
Developer of technology that upgrades biogas and purifies syn-gases
-
49/100
20th
Logo for Wase
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

ENGIE invests in two “innovative startups”Bioenergy InsightMay 20, 2024ENGIE, Wase
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