Fredericton-based Anessa Biogas Software has finished a capital raise from a roster of investors that includes Halifax’s Concrete Ventures, Toronto’s GreenSky Capital, the New Brunswick Innovation Foundation and Saint John’s East Valley Ventures.
The parties did not reveal the size of the funding round.
Anessa makes software for feasibility assessments of biogas plants, as well as an artificial intelligence system that models the best “recipes” for plants that have already been built. Biogas is created when organic materials, such as farm waste, are fermented to form fuel.
“Due to the