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Fuel Startups

Updated October 2026

Companies in the fuel sector developing innovative solutions and technologies.

Explore 179 recently funded fuel companies with verified founder contact information and fundraising data.

Total Companies
179
Total Funding
$487.3M
Avg Funding
$19.5M
Global Reach
10
countries

Top Cities for Fuel

Huntsville
Herning
Newport Beach
Lagord
Sacramento
Vancouver

Recently Funded Companies

Export
Huntsville, United States

Liquid fluoride thorium reactor (LFTR) technology developer

$4.5M raised
Dec 2023

Founder Contacts

41,000+ verified contacts

Herning, Denmark

Everfuel is a green fuel company that commercializes green hydrogen for mobility and industry.

Dec 2024

Founder Contacts

41,000+ verified contacts

Newport Beach, United States

Low temperature fuel cell and liquid fuel reformer technology

Dec 2025

Founder Contacts

41,000+ verified contacts

Lagord, France

Genevos specializes in integrating hydrogen and fuel cell systems in the maritime industry.

$2.7M raised
Jan 2024

Founder Contacts

41,000+ verified contacts

Sacramento, United States

Infinium produces synthetic electrofuels to decarbonize transportation and chemical processes.

Jan 2025

Founder Contacts

41,000+ verified contacts

Vancouver, Canada

CanCambria is an oil and gas company that focuses on discovery, exploration, and development of multi-TCF tight gas condensate reservoirs.

$2.4M raised
Jan 2026

Founder Contacts

41,000+ verified contacts

Sariyer, Turkey

Algbio treats wastewater and captures CO2 with microalgae to produce biofuels, bioplastics, biomaterials and generate carbon credits.

$120K raised
Nov 2025

Founder Contacts

41,000+ verified contacts

Fredericia, Denmark

ShipTown is a green energy company with a vision to make green energy affordable, reliable and accessible - for anyone, everywhere.

$772K raised
Nov 2025

Founder Contacts

41,000+ verified contacts

San Francisco, United States

Maritime Fusion specializes in the development and construction of high-temperature superconducting fusion reactors.

$4.5M raised
Nov 2025

Founder Contacts

41,000+ verified contacts

Dallas, United States

Roaring Fork Energy is an oil & gas fund, managed by Roaring Fork Energy Partners.

$22.9M raised
Nov 2023

Founder Contacts

41,000+ verified contacts

Dublin, United States

Erg Bio is a biomanufacturing company enabling affordable, local production of sustainable fuels and chemicals from non-food biomass.

$6.5M raised
Nov 2025

Founder Contacts

41,000+ verified contacts

Miami, United States

Purify Fuel manufactures a patented diesel combustion catalyst that ensures fuel efficiency and reduced emissions in engines.

$360K raised
Nov 2021

Founder Contacts

41,000+ verified contacts

Irvine, United States

Sustainability is about more than just emissions

$30.0M raised
Nov 2023

Founder Contacts

41,000+ verified contacts

Denver, United States

Blaze Energy Technologies is a manufacturing company that develops technologies to adopt alternative fuels through existing engines.

Nov 2024

Founder Contacts

41,000+ verified contacts

Manchester, United Kingdom

BindEthics offers a sustainable, non-toxic glue not created from fossil fuels.

$525K raised
Nov 2024

Founder Contacts

41,000+ verified contacts

Winnipeg, Canada

Go Oil is a mobile vehicle service doing oil changes and auto maintenance on-location.

$300K raised
Nov 2022

Founder Contacts

41,000+ verified contacts

Mcfarland, United States

San Joaquin Renewables convert unwanted orchard residues into renewable CNG, the cleanest transportation fuels on the market today.

$12.7M raised
Nov 2021

Founder Contacts

41,000+ verified contacts

Obihiro, Japan

Biostock is a technology-driven company that focuses on decarbonization, resource circulation, and digital transformation.

$7.0M raised
Nov 2025

Founder Contacts

41,000+ verified contacts

Vancouver, Canada

Cielo has an exclusive global license from a similar party to a system that can process renewable diesel from several waste streams.

$1.0M raised
Oct 2025

Founder Contacts

41,000+ verified contacts

Mannheim, Germany

ICODOS de-fossilizes the shipping and chemical industries with a patented, breakthrough technology for the production of e-methanol.

Oct 2023

Founder Contacts

41,000+ verified contacts

New York, United States

SGP BioEnergy is a bioenergy development company that produces integrated bioenergy products and renewable biofuel for a sustainable future.

$250.0M raised
Oct 2023

Founder Contacts

41,000+ verified contacts

New Egypt, United States

Egyptian Bioethanol Company is a unit of the Egyptian Petrochemicals Holding Company.

$135.0M raised
Oct 2025

Founder Contacts

41,000+ verified contacts

Delft, The Netherlands

Delft Advanced Biorenewables is a separation and fermentation technology firm.

Oct 2025

Founder Contacts

41,000+ verified contacts

Sandefjord, Norway

AZANE Fuel Solutions develop and deliver bunkering solutions for ammonia fuel, enabling carbon free shipping.

$5.7M raised
Oct 2023

Founder Contacts

41,000+ verified contacts

Elmira, United States

ULTIMATE RECYCLER eliminates garbage landfills, forever, everywhere.

$250K raised
Oct 2021

Founder Contacts

41,000+ verified contacts

Showing 151 to 175 of 179 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 179 fuel companies tracked in the VCBacked database.

Average Funding
$19.5M
Total Funding Tracked
$487.3M
Countries Represented
10

Distribution by Funding Stage

Other25 companies

Top Cities for Fuel

1.Vancouver
2 companies$3.4M
2.Huntsville
1 companies$4.5M
3.Herning
1 companiesUndisclosed
4.Newport Beach
1 companiesUndisclosed
5.Lagord
1 companies$2.7M

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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