Diligence memo · auto-generated · as of July 2, 2026
Plas2Fuel Corp
Plas2Fuel Corp looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Plas2Fuel Corp operates in Energy Conservation, based in BEAVERTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Plas2Fuel Corp has raised $29M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $25M on 2011-12-16.
Most recent recorded round closed around 2011-12-16.
Valuation (modeled)modeled
Provath models Plas2Fuel Corp at approximately $606M (range $58M–$2.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.51× the median modeled value of Series B Energy Conservation companies in 2010–2012 (6 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 17 months.
Last raise 14.5 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 100.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 88% of Energy Conservation peers (254 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: PowerWise Group, Inc., AQT Solar, Inc., Power Assure, Inc., InnovaLight Inc, Fuecotech, Inc.
Peoplefiled
13 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.