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How Brineworks Is Making E-Fuel Production More Affordable Amsterdam-based startup Brineworks has recently secured €2 million in funding, led by VC firm Pale blue dot, to drive down the cost of e-fuel feedstocks. This investment highlights the growing confidence in Direct Ocean Capture (DOC) technology and its potential to transform the e-Fuel arena. Brineworks' seawater electrolysis technology enables sustainable and affordable extraction of CO2 and H2 from the ocean. This is key for achieving large scale e-Fuel production and decarbonizing highly emitting industries like maritime and aviation. The startups' recent seawater electrolyzer developments have set a new standard for CO2 extraction, with a clear path to under $100 per ton, compared to $230 – $630 per metric ton of CO2 for Direct Air Capture according to the International Energy Agency. "Current CO2 capture methods, whether from industrial sources or Direct Air Capture, are either not sustainable, too limited in scale, or too costly," said Gudfinnur Sveinsson, CEO of Brineworks. "Brineworks offers an alternative that is sustainable, scalable, and cost-effective, making e-Fuel scale-up for the maritime and aviation industries a real possibility." Brineworks' seawater electrolyzer provides a clean, decentralized, and self-sufficient energy solution, capable of powering engines without relying on the grid or being affected by geopolitical conflicts over fossil fuel supplies. This is true energy sustainability. "What if any nation in the world could make sustainable oil from renewable electricity and seawater alone? We think Brineworks found the key to that," added Hampus Jakobsson, General Partner at Pale blue dot. This new investment will help Brineworks, co-founded by Gudfinnur Sveinsson and Dr. Joseph Perryman, accelerate its technical development and will be key to deploying its first technical pilot project. Read more here: https://fcw.sh/keD6gg #FuelCells #Hydrogen #Electrolysis #RenewableEnergy #Sustainability #EFuels #DirectOceanCapture #ClimateChange #Decarbonization #GreenTechnology #EnergyInnovation

Swiss e-SAF firm Metafuels raises $9m Swiss sustainable aviation fuel (SAF) technology developer Metafuels announced its successful oversubscribed $9m funding round led by Celsius Industries. Other new investors in the latest round included RockCreek, Fortescue Ventures, Verve Ventures, with existing investors Energy Impact Partners (EIP) and Contrarian Ventures also participating. “We are thrilled to have Celsius, RockCreek, Fortescue and Verve onboard as new strategic partners. We have now raised $22m since launching, which is going to allow us to complete the demonstration programme and focus on industrialisation, and the commercial rollout for our e-SAF offering. We will be looking at implementing a number of new sustainable aviation fuel production sites and are already engaging with various stakeholders as potential investors or e-SAF off-takers,” said Saurabh KAPOOR, CEO and co-founder Metafuels. #sustainableaviationfuel #SAF #cleanaviationfuel #biofuel #renewablejetfuel #aviationemissions #decarbonization #climatechange #sustainability #greenaviation #aviationindustry #airlineindustry #aerospaceindustry #energytransition #lowcarboneconomy #greeneconomy #innovation #technology #researchanddevelopment #partnership Read full below. https://lnkd.in/eyJnSMv9

US-based carbon conversion startup AIR COMPANY has raised $69 million in fresh funding to progress its proprietary Carbon Conversion Reactor technology, designed as a one-step system to transform carbon dioxide into products including sustainable aviation fuel. The Series B funding round was led by business aviation fuel supplier Avfuel and supported by sustainable investment groups and other aviation companies, reports Tony Harrington for GreenAir News. Through the new process, CO2 that routinely would be discharged into the atmosphere is instead captured at source within industrial plants. Then, using its patented AIRMADE technology to mimic the natural process of photosynthesis, the company combines CO2 and green hydrogen to create SAF, alcohol and chemicals, including perfumes. #sustainableaviation #sustainableaviationfuel #efuels #eSAF Mark Pilling Bruno Miller Gregory Constantine Stafford Sheehan Chloe Gillespie Alaska Airlines Lowercarbon Capital Chris Sacca JetBlue Ventures Carbon Direct Capital Toyota Ventures Connecticut Innovations Neste Virgin Atlantic Full article here: https://lnkd.in/eZJxSYdg

🗣️📈 Lightrock’s Kevin Bone talked through the recent $40m investment in Velocys with Real Deals’s Shivani Khandekar. He explains how Lightrock pursued its first ever take-private alongside consortium members Carbon Direct Capital, GenZero and Kibo Invest, and how the consortium aims to drive value and impact in the company. ✈️⛽ Velocys, a UK-based #sustainableaviationfuel (SAF) technology company, has developed a patented catalyst and micro-channel reactor platform that provides a scalable and flexible solution for SAF-producing ventures. 🌳🗑️ Velocys’s #technology enables the production of low-carbon, synthetic drop-in fuels from waste materials including forest residues and household waste, tackling the #aviation industry’s sizeable carbon footprint. 📰🔗 Read the full article here: https://lnkd.in/enVCU7n6 and learn more about Velocys here: https://velocys.com/

60+ Sustainable Fuel Frontrunners to Know ⛽️ As the world shifts to cleaner energy, a quiet revolution is happening in the world of fuel – one that could change how we power everything from jets to factories. The race to decarbonize how we get around is picking up pace. Yet as the world moves toward a more electrified future, it still heavily depends on fossil fuels to get goods, people, and power where it needs to go. Enter: The companies transforming the future of fuel. To better understand the landscape, we’ve mapped the landscape of early-adopters-turned-high flyers as well as new and emerging early-stage startups Plus check out the FULL LIST of 90 names from around the world, on a shared mission to decarbonize fuel: https://lnkd.in/e8R8jnwu Expander Energy Inc. Topsoe Lhyfe Spark e-Fuels HIF Global Nacero Inc. refuel.green consulting & technologies GmbH Lydian Metafuels LanzaJet Brineworks Arcadia eFuels INERATEC Nordic Biofuel AB Liquid Wind Infinium Sunfire Norsk e-Fuel SkyNRG Twelve Cemvita Inc. OXCCU TECH LTD CAPHENIA AIR COMPANY Prometheus Zero® Dimensional Energy Carbon Engineering Carboneo

Cetasol - Maritime Sustainability, a technology firm focused on enhancing energy efficiency in the maritime industry, has secured €2M in seed funding from investors Sarsia (Norway), ShipsFocus 船狂 (Singapore), and Impact X Capital Partners LLP (United Kingdom). 💡 Key Highlights: 🌱 Maritime sustainability is increasingly crucial due to tightening regulatory landscapes and ambitious IMO objectives, with fuel expenses doubling since 2002, leading to augmented operational costs and diminishing profit margins. 🌱 Cetasol, founded by Ethan Faghani, former Chief Engineer of AI and automation at Volvo Penta, aims to mitigate human-factor fluctuations to achieve fuel savings of 10-25%. 🌱 The company's flagship solution, the iHelm platform, is an AI-based decision support system designed to increase insights and reduce emissions through energy optimization. 🌱 Cetasol plans to double its R&D efforts, expand sales beyond Europe, and invest in AI and product optimization to achieve volume sales. The impact of our solution is noticeable globally and can impact maritime sustainability in operations all over the world. "We have shown the potential of iHelm and with this investment we are able to take Cetasol to the next level, we are ready to scale up,” said Ethan Faghani, CEO and Founder of Cetasol. #MaritimeInnovation #EnergyEfficiency #SustainableShipping #MaritimeTechnology #AIforMaritime #FuelOptimization #GreenShipping #MaritimeSustainability #TechStartups #SeedFunding #ClimateTech #ClimateAction #ClimateChange

Metafuels and its investors are counting on the Swiss startup's emerging methanol-to-jet fuel technology to make synthetic fuels more affordable and readily available. #SustainableAviation #AviationFuel #CleanEnergy #RenewableFuels #Sustainability

Sacramento-based startup Infinium is creating low-carbon alternatives for the trucking and aviation industries. Currently, Infinium's Corpus Christi, Texas plant is supplying sustainable fuel to major players like Amazon. American Airlines has also committed to purchasing Infinium’s sustainable aviation fuel as early as 2026. Infinium's groundbreaking approach involves using renewable energy sources like wind and solar combined with hydrogen and captured CO2 to produce synthetic liquid fuels known as “syngas” as replacements for petroleum-based products. With support from Amazon's Climate Pledge Fund and Bill Gates backed Breakthrough Energy, Infinium is poised to scale its operations rapidly. The recent $75M investment commitment demonstrates the industry's confidence in the potential of efuels to drive sustainable change. Efuels have the potential to play a pivotal role in achieving a greener, more sustainable future for transportation worldwide. #SustainableTransportation #CleanEnergy #Innovation

"...ability to directly support and integrate into mission critical infrastructure projects such as efuels and desalination. The combination of CDR and industry co-benefits is the secret sauce..." Will CarbonBlue pull ahead in the #bluetech game, and give investors the ROI needed to ignite more #oceantech investment? #mcdr #cdrb #carboncapture #ocean #watertech https://lnkd.in/dKjYdSu3

📢 Funding Announcement! 📢  As part of the Australia-Austria Industrial Decarbonisation Demonstration Partnership Program, RHI Magnesita, MCi Carbon (MCi), the AIT Austrian Institute of Technology (AIT), and the University of Technology Sydney (UTS) will receive funding for the CCUpScale project, of which Newcastle based cleantech startup MCi Carbon will receive AUD $3.29m. The funding is provided by the Austrian Climate and Energy Fund (Klima- und Energiefonds), supported by the Austrian Ministry for Climate Action (Bundesministerium für Klimaschutz, Umwelt, Energie, Mobilität, Innovation & Technologie, and the Australian Department of Climate Change, Energy, the Environment and Water (DCCEEW). This project aims to further develop MCi Carbon’s mineral carbonation technology and support RHI Magnesita’s plans to build the world’s first CCU plant in the refractory industry in Hochfilzen, Austria. Key advancements can now be pursued: • Raw material analyses, • Pre-demonstration trials • Low carbon product development, • Process engineering for scaling • Industrial integrations Read more at our website! #ccu #carbonmanagement #refractories #mcicarbon