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ICM Inc. develops and provides advanced process technologies and industrial equipment primarily for the biofuel industry. Their core offerings include innovative solutions such as rotary and steam tube dryers, turbines, bio-methanators, and ethanol recovery systems. These technologies aim to enhance efficiency and sustainability in the production of biofuels and feed products.
The company has been active for over two decades, emerging from an insight into the significant potential for technological improvement within the nascent biofuel sector. This foundational understanding centered on creating more efficient and integrated processes to maximize value from agricultural resources and byproducts. Specific founder details are not publicly highlighted in available information, but the focus has remained on process innovation since its inception.
ICM Inc.'s products serve agricultural enterprises and biofuel producers seeking to optimize their operations and generate greater value from their output. The company's long-term vision is to continue advancing the biofuel industry through continuous innovation in process technologies, fostering sustainable practices, and contributing to the global energy transition.
ICM has 3 tracked investments across 3 companies. The latest tracked deal is $33.0M Series A in Mixx Technologies in December 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 1, 2025 | Mixx Technologies | $33.0M Series A | ICM | Applied Ventures, Irena Spazzapan, Nicolas Sauvage |
| Jul 25, 2023 | Foxquilt | $12.0M Other Equity | ICM | — |
| Jan 23, 2017 | Pitchero | $3.9M Series A | ICM | — |