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Fuel Startups

Updated August 2026

Companies in the fuel sector developing innovative solutions and technologies.

Explore 174 recently funded fuel companies with verified founder contact information and fundraising data.

Total Companies
174
Total Funding
$2.9B
Avg Funding
$117.9M
Global Reach
9
countries

Top Cities for Fuel

Berkeley
San Francisco
Saint-denis
Dartmouth
Lewisham
Calgary

Recently Funded Companies

Export
Berkeley, United Kingdom

Firefly Green Fuels engages in converting sewage sludge, a low-sludge waste product produced into SAF.

$6.3M raised
Apr 2023

Founder Contacts

41,000+ verified contacts

San Francisco, United States

Khepra uses proprietary technology and excess renewable electricity to break down plastics and agricultural waste.

Apr 2023

Founder Contacts

41,000+ verified contacts

Saint-denis, France

HysetCo is a hydrogen mobility start-up that helps its clients shift to zero-emission transportation.

Apr 2026

Founder Contacts

41,000+ verified contacts

Dartmouth, Canada

Valent Low-Carbon is an industrial technology development company focused emerging renewable fuels and refining process innovations.

$6.6M raised
Apr 2023

Founder Contacts

41,000+ verified contacts

Lewisham, United Kingdom

Rivan Industries designs and builds modular, vertically integrated, synthetic fuel plants.

$33.8M raised
Apr 2026

Founder Contacts

41,000+ verified contacts

Calgary, Canada

KATAL Energy is an emission-alternative fuel company that reduces diesel exhaust emissions with nano-emulsion drop-in fuels.

$6.6M raised
Apr 2023

Founder Contacts

41,000+ verified contacts

Dallas, United States

Vaquero Midstream offers oil and gas producers a full suite of midstream solutions including gathering, treating and compression.

$400.0M raised
Apr 2025

Founder Contacts

41,000+ verified contacts

San Diego, United States

EFG is an innovative change in the portable generator and independent energy market converting hydrogen-on-demand to electricity.

Apr 2026

Founder Contacts

41,000+ verified contacts

San Francisco, United States

General Matter is a nuclear energy company that produces enriched uranium fuel for nuclear energy applications.

$50.0M raised
Apr 2025

Founder Contacts

41,000+ verified contacts

Woodbridge, Canada

Nomad provides a fuel discount card for trucking companies, enabling savings and management of fuel expenses.

$2.0M raised
Apr 2026

Founder Contacts

41,000+ verified contacts

New Haven, United States

Oxylus Energy provides new carbon utilization technology for the generation of e-fuels.

Apr 2025

Founder Contacts

41,000+ verified contacts

Geneva, United States

ClearFlame decarbonizes heavy-duty engines while reducing operating costs, to protect the future from the challenge of diesel fuel.

$30.0M raised
Mar 2023

Founder Contacts

41,000+ verified contacts

Calgary, Canada

Azure Sustainable Fuels is a fuel company that offers low carbon, sustainable aviation fuel (SAF) production facility.

$3.7M raised
Mar 2024

Founder Contacts

41,000+ verified contacts

Dresden, Germany

Sunfire is an electrolysis company that designs and manufactures systems for the production of renewable industrial gas and fuel.

$233.4M raised
Mar 2024

Founder Contacts

41,000+ verified contacts

Menlo Park, United States

HyPoint is a provider of a hydrogen fuel cell system for air transportation market.

Mar 2022

Founder Contacts

41,000+ verified contacts

Koerich, Luxembourg

CarPay-Diem allows any mobile app or connected car to activate any fuel pump and to manage the payement of the refill from inside the car.

Mar 2023

Founder Contacts

41,000+ verified contacts

Rochester, United States

Resilient, efficient Thermal Energy Storage for C&I buildings

$25K raised
Mar 2026

Founder Contacts

41,000+ verified contacts

Atlanta, United States

RevaTerra is an energy company that develops AI-based bioenergy solutions to transform biomass waste into renewable fuels.

$516K raised
Mar 2026

Founder Contacts

41,000+ verified contacts

Colleyville, United States

Weaver Global Resources is an oil and gas company that acquires and redevelops underperforming wells to restore production.

$600K raised
Mar 2023

Founder Contacts

41,000+ verified contacts

South San Francisco, United States

TeraPore Technologies is a Cornell University spinout that develops and manufactures high performance filters for protein separations.

$10.0M raised
Mar 2023

Founder Contacts

41,000+ verified contacts

Columbus, United States

pH Matter is providing commercially-viable solutions in a number of emerging markets related to catalysis, electro-catalysis.

$7.2M raised
Mar 2024

Founder Contacts

41,000+ verified contacts

Bilbao, Spain

HyFive, a vertically integrated company, plans to construct industrial-scale green hydrogen and ammonia facilities.

$30.9M raised
Feb 2024

Founder Contacts

41,000+ verified contacts

Chicago, United States

Syntholene Energy is an oil and gas company that produces and supplies synthetic fuel products.

$2.7M raised
Feb 2026

Founder Contacts

41,000+ verified contacts

Stockholm, Sweden

Solor Bioenergi is involved in the production and distribution of renewable heating, electricity, steam, biofuels, pellets, and briquettes.

$2.1B raised
Feb 2024

Founder Contacts

41,000+ verified contacts

Chuo, Japan

Galdieria is a biotechnology company providing urban mining recycling, precious metals absorbent, cleantech, and energy-related services.

$2.7M raised
Feb 2025

Founder Contacts

41,000+ verified contacts

Showing 76 to 100 of 174 companies

About the Fuel Startup Ecosystem

The fuel sector is an active area of startup innovation and venture capital investment. Companies in this space are developing new technologies, platforms, and services that address evolving market needs and create new business opportunities.

Funding Trends in Fuel

Fuel companies raise capital across various funding stages, from early seed rounds to late-stage growth financing. Investor interest in this sector is driven by the size of the addressable market, the pace of technology adoption, and the potential for scalable business models.

Growth Outlook

The fuel sector is expected to continue evolving as technology advances, market dynamics shift, and new opportunities emerge. Companies that demonstrate strong product-market fit, efficient growth, and clear competitive advantages are well-positioned to attract continued investment.

Fuel Funding Breakdown

Here is how funding is distributed among the 174 fuel companies tracked in the VCBacked database.

Average Funding
$117.9M
Total Funding Tracked
$2.9B
Countries Represented
9

Distribution by Funding Stage

Other25 companies

Top Cities for Fuel

1.San Francisco
2 companies$50.0M
2.Calgary
2 companies$10.3M
3.Berkeley
1 companies$6.3M
4.Saint-denis
1 companiesUndisclosed
5.Dartmouth
1 companies$6.6M

Related Industries

Companies in the fuel sector often overlap with or complement businesses in adjacent industries. Exploring related verticals can help you discover additional companies, identify partnership opportunities, and understand the broader competitive landscape.

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