Kanin Energy Undisclosed stage: C$138M

Sep 27, 2026Public sources — Collected from public sources, not yet cross-checked.

Kanin Energy raised C$138 million (about $97.42 million) in an undisclosed stage round led by S2G Investments and Canada Growth Fund, announced Sept. 27.

Facts

Company: Kanin Energy
Amount: C$138 million (about $97.42 million)
Currency: CAD
Stage: Undisclosed stage
Announced: Sep 27, 2026
Instrument: Equity
FX rate: 1 CAD = 0.70592 USD on Sep 27, 2026

Investors

Led by: S2G Investments Canada Growth Fund

Use of funds

Waste-heat-to-power development.

As stated by the company.

Sources

1.Should Carney compel pension funds to invest in Canada? — BetaKit, Sep 28, 2026
2.Kanin Energy raises $138 million for waste heat to power development — BetaKit, Sep 21, 2026

Public sources — Collected from public sources, not yet cross-checked.Last verified Oct 15, 2026