ZENRG Services, a Houston, TX-based provider of emission reduction services for energy industry operations, raised an undisclosed amount in Series A funding.
The round was led by EIC Rose Rock with participation from Chevron Technology Ventures, BP Energy Partners, and existing investors.
The company intend to use the funds to expand its customer base and geographical locations across the US.
Led by CEO Joe Chandler, ZENRG transfers gas and liquids to nearby tanks and pipelines, retaining the product’s value instead of releasing it to the atmosphere and reducing emissions. In many cases, it provides an economically positive ROI while helping customers to achieve their corporate emissions reduction goals.
FinSMEs
18/12/2024