Steeper Energy is an innovative company at the forefront of the renewable energy sector, specializing in the transformation of bio-organic feedstocks into petroleum-equivalent renewable fuel oil using its proprietary Hydrofaction® technology. Founded in 2011, the company operates through two entities: Steeper Energy Aps in Denmark and Steeper Energy Canada Limited in Calgary, Alberta.
Steeper Energy is strategically positioned within the Energy and Oil and Gas industries, with a focus on sustainability. Its Hydrofaction® technology offers an environmentally friendly alternative to traditional petroleum, catering to markets such as heavy transport, lubricants, and petro-chemicals. The company collaborates with strategic partners from industries such as forestry, agri-business, and urban waste management.
The company's most recent funding was a $275.00K grant from the National Research Council of Canada Industrial Research Assistance Program on 01 April 2016, supporting its growth and development in the renewable energy space.