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Recover Inc. logo — company profile

Recover Inc.

Founded 2008 Canada Calgary, Canada 17 employees Venture round Total: $3.50M Sustainability, Oil and Gas +1

General Information

Company Name Recover Inc.
Founded Year 2008
Location Canada Calgary, Canada
Employees 17
Industries Sustainability, Oil and Gas, Waste Solution
Funding Stage Venture round
Social

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About Recover Inc.

Recover Inc. is a Canadian environmental technology company founded in 2008 with a focus on sustainability, oil and gas, and waste solutions. The company has developed a patented process for cleaning oil-based drilling waste, aimed at recovering base oil and significantly reducing carbon dioxide emissions in the energy industry.

Recover's Lodgepole Oilfield Waste Management Facility, approved by the Alberta Energy Regulator, handles oilfield waste disposal, specifically targeting Alberta generated oilfield waste classified as waste code DRWSHC (Drilling Waste Hydrocarbon). This offers clients a cost-effective and environmentally friendly alternative to traditional cuttings stabilization and landfill disposal methods.

The latest investment in Recover Inc. came in the form of a Venture Round investment on 17th June 2020, with participation from Azimuth Capital Management and BDC Capital Cleantech Practice as investors.

Business keywords: environmental technology, oil-based drilling waste, carbon dioxide emissions reduction, energy recovery, oilfield waste management, AER approval, disposal solutions, drilling waste, innovation, clean technology, energy industry, sustainable solutions, environmental compliance

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 2
Azimuth Capital Management
Azimuth Capital Management, BDC Capital Cleantech Practice
17 Jun 2020
Venture Round Undisclosed 1
BDC Venture Capital
19 Jun 2019
Grant $3.50M -
20 Nov 2018

Recover Inc. Alternatives & Competitors

View All Alternatives
Recover Inc. vs
Enhance Energy Inc.
Enhance Energy Inc. Canada

Enhance Energy is an Alberta-based carbon management company and a leader in permanently sequesterin...

33 employees
Energy, Oil and Gas
Recover Inc. vs
WasteFuel
WasteFuel United States

There's no such thing as waste. There's just potential fuel.

Series B
15 employees
Renewable Energy, Sustainability
Recover Inc. vs
CleanCarbonConversion
CleanCarbonConversion Switzerland

Energize Waste

5 employees
Manufacturing, Sustainability
View all alternatives

FAQ About Recover Inc.

Recover is an environmental technology company with a patented process for cleaning oil-based drilling waste. Our technology recovers base oil from drilling waste while providing a significant reduction in carbon dioxide emissions. Recover is in the business of recovering energy and our team is prou...
Recover Inc. was founded in 2008.
Recover Inc. is headquartered in Calgary, Canada.
Recover Inc. operates in Sustainability, Oil and Gas and Waste Solution. Its work centres on environmental technology, oil-based drilling waste, carbon dioxide emissions reduction and energy recovery.
Recover Inc. has approximately 17 employees.
Recover Inc. has completed 3 funding rounds, raising a total of $3.50M. The latest funding stage is Venture round.
Top alternatives and competitors to Recover Inc. include Enhance Energy Inc., WasteFuel, CleanCarbonConversion, Net Power, ReMining Corporation. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Recover Inc. and Enhance Energy Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Recover Inc., https://bouncewatch.com/company/recover-inc, updated 15 April 2025. When citing, please name BounceWatch and link this page.

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