Enexor

Enexor

Converts waste into distributed bioenergy

Overview

Enexor BioEnergy provides waste-to-energy solutions by turning organic and plastic waste into bioenergy using distributed energy systems. It serves businesses and municipalities and helps them cut waste disposal costs and carbon emissions. The core offering is an Energy as a Service (EaaS) model where a distributed waste-to-energy system is installed with minimal upfront capital; the client then pays through long-term service agreements and gains energy savings from the system, delivering power and thermal energy. Compared to competitors, Enexor differentiates itself with its EaaS financing, focus on zero landfill goals, methane and carbon emission reductions, and an emphasis on transparency, innovation, and high-quality talent to build reliable, scalable waste-to-energy solutions. The company's goal is to help clients achieve zero landfill status while cutting methane and CO2 emissions through sustainable waste conversion and distributed energy.

About Enexor

Simplify's Rating
Why Enexor is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Industrial & Manufacturing

Government & Public Sector

Energy

Social Impact

Company Size

11-50

Company Stage

Early VC

Total Funding

$15M

Headquarters

Franklin, Tennessee

Founded

2015

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Simplify's Take

What believers are saying

  • Enexor won a $199,459 DOE SBIR on July 22, 2024 for biomass preprocessing.
  • Enexor joined Vanderbilt VINSE on January 16, 2025, strengthening technical validation and recruiting.
  • Enexor still advertised Tennessee hiring in June 2026, signaling active operations and buildout.

What critics are saying

  • Tennessee fined Enexor Energy $1,500 on March 30, 2026 for permit misuse.
  • Enexor’s 2025 Algate fuel violation shows compliance risk at its Franklin facility.
  • No disclosed large financing since BorgWarner’s 2021 $10 million stake starves scale-up; commercialization stalls kill the company.

What makes Enexor unique

  • Enexor’s May 2026 website pitches zero-CapEx, on-site waste-to-energy systems for customers.
  • The Bio-200 processes mixed organics and non-recyclable plastics, unlike feedstock-picky gasification rivals.
  • Enexor pairs modular hardware with EaaS contracts, creating recurring revenue from deployed systems.

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Funding

Total Funding

$15M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Paid Vacation

Paid Holidays

401(k) Retirement Plan

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

8%

1 year growth

-2%

2 year growth

0%
Main Street Media of Tennessee
Mar 7th, 2024
BOMA fails to consider trash facility on South Center Point Road

More recently, Ingram Marine Group joined forces with Enexor, and Repurpose Sustainable Waste Solutions for a proposal that includes a transfer station and a free recycling drop-off center for residents in the former Dredge Master's building on South Center Point Road.

Enexor
Mar 28th, 2023
Enexor BioEnergy selected by the Army’s xTechSBIR CleanTech Program to showcase organic waste to renewable energy system.

In addition to this funding, Enexor was subsequently awarded $300,000 in matching funds from LaunchTN’s SBIR/STTR Matching Fund.

Fortune Business Insights
Jun 29th, 2022
Enexor BioEnergy, LLC launched novel bio cogeneration technology known as Bio-200 on Feb 1st 20'.

In February 2020, Enexor BioEnergy launched its novel bio cogeneration technology known as Bio-200 to provide effective energy by utilizing diverse types of feedstocks such as agricultural waste, wood chips, food & animal waste, and others.

The Tennessean
Sep 17th, 2021
Enexor BioEnergy partnered with University of Tennessee on Aug 17th 21'.

Enexor recently partnered with the University of Tennessee to test high-temperature ceramic filter technology, which could save energy and costs.

The Business Journals
Aug 23rd, 2021
Enexor BioEnergy receives $10 million investment from auto industry giant

Enexor manufactures a renewable energy system that converts nearly any type of organic waste, such as cardboard or animal waste, into energy.

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