Diligence memo · auto-generated · as of July 2, 2026
Asia Biofuel Corp
Asia Biofuel Corp looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Asia Biofuel Corp operates in Environmental Services, based in SHERIDAN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Asia Biofuel Corp has raised $1.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $1.0M on 2024-08-21.
Most recent recorded round closed around 2024-08-21.
Valuation (modeled)modeled
Provath models Asia Biofuel Corp at approximately $4.0M (range $613K–$13M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.24× the median modeled value of Pre-Seed Environmental Services companies in 2022–2024 (11 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 22 mo ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 35% of Environmental Services peers (242 compared).
Modeled value ranks above 14% of those peers.
Closest niche peers: Acutech Group, Inc., Tellus Networked Sensor Solutions, Inc., Rivendell Environmental Technologies Inc., Eco World Water Corp, Northgate Environmental Management, Inc..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.