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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
$1.9B
Avg Funding
$77.1M
Global Reach
11
countries

Top Cities for Fuel

Dallas
Toronto
Copenhagen
Edmonton
Barrow In Furness
Illinois City

Recently Funded Companies

Export
Dallas, United States

Sunoco LP is a fuel distributor that supplies fuel to convenience stores, independent dealerships, commercial customers, and distributors.

$1.2B raised
Feb 2026

Founder Contacts

41,000+ verified contacts

Toronto, Canada

Hydrostor develops and operates long-duration energy storage systems to replace the use of fossil fuels.

Feb 2026

Founder Contacts

41,000+ verified contacts

Copenhagen, Denmark

MASH Makes' scalable pyrolysis & gasification platform has the potential to remove a gigatonne of carbon from the atmosphere by 2040

$2.2M raised
Feb 2024

Founder Contacts

41,000+ verified contacts

Edmonton, Canada

Innovative Fuel Systems is an alternative fuel systems company that allows diesel engines to utilize alternative fuels.

$2.0M raised
Feb 2023

Founder Contacts

41,000+ verified contacts

Barrow In Furness, United Kingdom

JJC Hire provide waste management services for a wide range of clients.

$1.0M raised
Feb 2024

Founder Contacts

41,000+ verified contacts

Illinois City, United States

LanzaJet is a provider and producer of Sustainable Aviation Fuel (SAF) technology, dedicated to accelerating the transition to clean energy.

$34.0M raised
Feb 2026

Founder Contacts

41,000+ verified contacts

Roma, Italy

Enilive is Eni's mobility transformation company focusing on integrated, decarbonized services and products.

$613.8M raised
Feb 2025

Founder Contacts

41,000+ verified contacts

Vienna, Austria

Holloid provides data on physical characteristics, motion, and interactions of cells and other colloids.

$2.6M raised
Feb 2025

Founder Contacts

41,000+ verified contacts

Amsterdam, The Netherlands

Brineworks develops direct air capture technology for various carbon dioxide applications.

$8.0M raised
Sep 2025

Founder Contacts

41,000+ verified contacts

Manchester, United States

Dig Energy produces purpose-built drilling technology to create highly efficient geothermal heating and cooling systems.

$5.0M raised
Sep 2025

Founder Contacts

41,000+ verified contacts

Miyazaki, Japan

Superworm produces environmentally friendly, long-term solutions to societal challenges using renewable energy and organic fertilizers.

$1.9M raised
Jul 2025

Founder Contacts

41,000+ verified contacts

Gilbert, United States

Repower Electric Corp is committed to revolutionizing the Shuttle Bus industry by offering innovative electric vehicle conversions.

$2.1M raised
Apr 2025

Founder Contacts

41,000+ verified contacts

Tartu, Estonia

GaltTec focuses on developing and marketing microtubular solid oxide fuel cells.

$1.0M raised
Feb 2025

Founder Contacts

41,000+ verified contacts

Tallinn, Estonia

Elcogen is a manufacturer of clean energy technology that delivers affordable green hydrogen and emission-free electricity.

$6.1M raised
Jan 2025

Founder Contacts

41,000+ verified contacts

Houston, United States

Bison Fuels is an energy company that focuses on decarbonization via green hydrogen.

$375K raised
Jan 2025

Founder Contacts

41,000+ verified contacts

Lyon, France

ATOBA Energy is an energy manufacturing company that specializes in producing Sustainable Aviation Fuel (SAF).

$1.4M raised
Jan 2025

Founder Contacts

41,000+ verified contacts

Rotterdam, The Netherlands

FuelFWD is a platform that manages the supply chain for renewable fuels.

$1.0M raised
Jan 2025

Founder Contacts

41,000+ verified contacts

Copenhagen, Denmark

NitroVolt is a green ammonia startup developing a small-scale ammonia synthesis unit, to give farmers control over fertilizer production.

$3.7M raised
Nov 2024

Founder Contacts

41,000+ verified contacts

Portola Valley, United States

1s1 Energy is developing material technology for PEM water electrolysis systems for green hydrogen production.

$1.4M raised
Oct 2024

Founder Contacts

41,000+ verified contacts

Vancouver, Canada

Ionomr makes Aemion‚Ñ¢ & Pemion‚Ñ¢, next-gen ion-exchange materials for breakthrough clean technology applications involving electrochemistry.

Oct 2024

Founder Contacts

41,000+ verified contacts

Denver, United States

Cowboy Clean Fuels commercializes a process to produce renewable natural gas from alternative biomass feedstocks.

$13.0M raised
Jul 2024

Founder Contacts

41,000+ verified contacts

Copenhagen, Denmark

Dynelectro is a green energy technology company that focuses on reducing CO2 emissions by transforming fossil fuels into green fuels.

$12.0M raised
Jul 2024

Founder Contacts

41,000+ verified contacts

Hamburg, Germany

The operating system for the oil & gas sector to effortlessly find, fix, and report methane emissions

$5.5M raised
Jun 2024

Founder Contacts

41,000+ verified contacts

Orange, United States

Hyperion Companies develops hydrogen fuel cells, energy storage, and advanced mobility solutions.

$700K raised
Jun 2024

Founder Contacts

41,000+ verified contacts

Washington, United States

Curio is a nuclear electric power generation company that develops nuclear waste recycling technologies.

$7.5M raised
Apr 2024

Founder Contacts

41,000+ verified contacts

Showing 101 to 125 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
$77.1M
Total Funding Tracked
$1.9B
Countries Represented
11

Distribution by Funding Stage

Other25 companies

Top Cities for Fuel

1.Copenhagen
3 companies$17.8M
2.Dallas
1 companies$1.2B
3.Toronto
1 companiesUndisclosed
4.Edmonton
1 companies$2.0M
5.Barrow In Furness
1 companies$1.0M

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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174 Fuel Startups (2026) — Recently Funded — Page 5 | VCBacked