Company
FeX Energy
Electrify industrial heat without constraints.
Also known as 15138671 Canada Inc
- Status
- Operatingas of 2026-09-18
- Business model
- B2B
- Headquarters
- Montreal, Quebec, Canada
- Customers
- industrial operators, remote mining sites, campuses and district energy networks, and defense or dual-use applications
- Legal name
- 15138671 Canada Inc
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Record updated 18 September 2026
About
FeX Energy is a Canadian clean tech company developing an iron-based thermochemical energy storage solution. Its Iron Arc Reactor converts electricity into sustained high-temperature heat, stored in solid iron and released on demand, for industrial, remote, and grid-constrained sites where conventional electrification falls short.
Funding snapshot
- Total raised
- $3.5MSum of rounds, as of 2026-09-18Source (opens in a new tab)
- Latest round
- Grant2026-02-10
Funding rounds
- Grant
- 2026-02-10
- Seed
- $3.5M2025-09-15, Company stated
- Grant
- 2025-07-29
Products
- Hardware
- Iron Arc Reactor
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