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Steeper Energy

Founded 2011 Denmark Denmark 17 employees Grant Total: $29.47M Energy, Oil and Gas

General Information

Company Name Steeper Energy
Founded Year 2011
Location Denmark Denmark
Employees 17
Industries Energy, Oil and Gas
Funding Stage Grant
Social

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About Steeper Energy

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.

Taxonomy: Renewable energy, Biofuels, Hydrofaction technology, Petroleum equivalent fuel, Renewable fuel, Biomass conversion, Energy technology, Sustainable energy, Alternative energy, Green technology

Services & Products

Hydrofaction Technology Deployment
Biomass Waste Conversion
SMPD (Standard Modular Plant Design) Implementation
Advanced Biofuel Production
CO2 Sequestration Solutions

Target Customers

Energy Companies Municipal Waste Management Authorities Agricultural and Forestry Operations Renewable Energy Developers Environmental and Corporate Sustainability Departments

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $275.00K 1
National Research Council of Canada Industrial Research Assistance Program
01 Apr 2016
Grant $3.00M 1
Sustainable Development Technology Canada
09 Mar 2015
Venture Round €1.84M 1
EASME - EU Executive Agency for SMEs
04 Jan 2015
Grant $175.00K 1
National Research Council of Canada Industrial Research Assistance Program
01 Apr 2014
Venture Round Undisclosed 1
TOM Capital Management Inc.
01 Jan 2014
Grant kr17.28M 1
Danish Energy Agency
01 Nov 2013
Grant Undisclosed 2
National Research Council of Canada Industrial Research Assistance Program, Alberta Innovates Technology Futures
01 Apr 2013
Grant kr6.90M 1
Danish Energy Agency
01 Nov 2011

Steeper Energy Alternatives & Competitors

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Steeper Energy vs

xF Technologies Inc., an Albuquerque, NM based company, has developed a patented technology to produ...

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Steeper Energy vs
Virent, Inc
Virent, Inc United States

Virent is creating drop-in fuels and chemicals from plants

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Steeper Energy vs

Leading the charge in producing eco-friendly, synthetic fuels at a lower cost for both the environme...

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FAQ About Steeper Energy

Steeper Energy Group consists of two separate, yet coordinated, companies: Steeper Energy Aps (founded in 2011), created the Hydrofaction® technology platform. Based in Copenhagen Denmark, Steeper Energy Aps is focused on developing and commercializing its proprietary and proven Hydrofaction® platf...
Steeper Energy was founded in 2011.
Steeper Energy is headquartered in Denmark.
Steeper Energy operates in Energy and Oil and Gas. Its work centres on Renewable energy, Biofuels, Hydrofaction technology and Petroleum equivalent fuel. Its customers include Energy Companies, Municipal Waste Management Authorities and Agricultural and Forestry Operations.
Steeper Energy has approximately 17 employees.
Steeper Energy has completed 8 funding rounds, raising a total of $29.47M. The latest funding stage is Grant.
Steeper Energy offers: Hydrofaction Technology Deployment, Biomass Waste Conversion, SMPD (Standard Modular Plant Design) Implementation, Advanced Biofuel Production, CO2 Sequestration Solutions.
Top alternatives and competitors to Steeper Energy include xF Technologies Inc., Virent, Inc, Accelergy Corporation, Rive Technology, myFC AB. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Steeper Energy and xF Technologies 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 Steeper Energy, https://bouncewatch.com/company/steeper-energy, updated 19 August 2025. When citing, please name BounceWatch and link this page.

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