DURHAM – EnMass Energy, based in Durham, has raised $2,153,485 million in equity from six investors following five concurrent investments in January totaling $883,411, according to SEC filings.
The company aims to simplify the supply chain for energy businesses, noting that its technology platform “brings together technology, infrastructure, and expertise to deliver real-time communication, oversight, and a far better fuel procurement and project operation experience” on its website.
EnMass Energy Platform (source: EnMass Energy website)
The company says that it is building an entire online marketplace for waste to energy procurement, or the procurement process for companies that use waste and convert that waste into energy. The company provides technology, through an online platform, that gives its clients control over supply, with proper oversight, so companies can make better decisions to support their project operations.
