Ancoris Advises Airex
Ancoris Advises Airex
About the transaction
Ancoris acted as the exclusive financial advisor to Airex on its Series D financing.
About the Company
Airex is an innovative leader developing and providing world-class decarbonization solutions capable of significantly reducing GHG emissions. With its proprietary CarbonFX technology, Airex transforms biomass into high-value ecological products such as biochar, biocarbon, and biocoal.
For more information, please visit
Airex website https://airex-energy.com/
Airex is very pleased to work with the Ancoris team on this important and strategic financing. Their thoughtful, expert guidance was pivotal to this fantastic outcome – our partnership with Ancoris has been instrumental in Airex’s journey.
Michel Gagnon, CEO of Airex Energy
Investment
Ancoris successfully raised Convertible Preferred Equity with SUEZ as the lead investor. SUEZ is a France-based company and industry leader in circular solutions for the water and waste sectors. SUEZ and Airex, concurrent with the financing, formed a strategic partnership.
Ancoris also brought several Canada-based financial investors into the Series D financing, including Cycle Capital, Fonds de Solidarite FTQ, and Investissement Quebec.
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