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Fuel Startups

Updated July 2026

Companies in the fuel sector developing innovative solutions and technologies.

Explore 165 recently funded fuel companies with verified founder contact information and fundraising data.

Total Companies
165
Total Funding
$1.5B
Avg Funding
$60.8M
Global Reach
6
countries

Top Cities for Fuel

Berkeley
Chicago
Framingham
Toulouse
Oklahoma City
New York

Recently Funded Companies

Export
Berkeley, United States

Twelve is a carbon transformation company converting captured carbon dioxide into valuable chemicals, fuels, and other essential products.

May 2025

Founder Contacts

30,000+ verified contacts

Chicago, United States

Celadyne Technologies develops membranes for use in electrolyzers and fuel cells that require minimal heat and water management.

$4.5M raised
May 2026

Founder Contacts

30,000+ verified contacts

Framingham, United States

Neogenyx Fuels develops, owns, and operates advanced biofuel and renewable natural gas infrastructure projects.

$300.0M raised
May 2026

Founder Contacts

30,000+ verified contacts

Toulouse, France

Hycco is a manufacturer of bipolar plates that supports customers in the design, prototyping, production, and industrialization processes.

May 2023

Founder Contacts

30,000+ verified contacts

Oklahoma City, United States

Bioleum is a biotechnology company that converts lignocellulosic biomass into easy to use, deoxygenated feedstock for fuel producers.

$85.0M raised
May 2025

Founder Contacts

30,000+ verified contacts

New York, United States

Ambient Fuels is a green energy developer that delivers green hydrogen solutions.

$250.0M raised
May 2023

Founder Contacts

30,000+ verified contacts

Boston, United States

Emvolon is a technology company that converts wasted resources into low-cost green fuels

$200K raised
May 2025

Founder Contacts

30,000+ verified contacts

St. Helier, Jersey

Predator Oil & Gas is a responsible fossil fuel company focussing on gas.

$4.0M raised
May 2026

Founder Contacts

30,000+ verified contacts

Lutry, Switzerland

Ammonia for Clean Energy - Driving Clean, Sustainable Off-Grid Power Solution

$2.1M raised
May 2026

Founder Contacts

30,000+ verified contacts

Houston, United States

XCF Global is a clean energy company that develops sustainable aviation fuel (SAF) production facilities.

$16.7M raised
May 2026

Founder Contacts

30,000+ verified contacts

Alden, United States

Summit Carbon Solutions a new business platform that will address the global challenge of decarbonization

$300.0M raised
May 2022

Founder Contacts

30,000+ verified contacts

Wilmington, United States

Versogen develops electrolyzer technology for water and renewable energy to produce green hydrogen at scale.

$14.5M raised
May 2022

Founder Contacts

30,000+ verified contacts

Cambridge, United States

Sora Fuel makes jet fuel from just air, water, and renewable energy.

$6.0M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Warren, United States

Petra Power is a manufacturing company that focuses on Solid Oxide Fuel Cells (SOFC) for APU systems.

$3.8M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

Miami, United States

eCombustible Energy offers a long-term fuel supply solution that is designed to provide the world's most fossil-fuel dependent industries.

$11.2M raised
Apr 2022

Founder Contacts

30,000+ verified contacts

Cheyenne, United States

Frontieras North America is an energy and environmental technology company that produces gas, liquid, and solid energy products.

$25.0M raised
Apr 2026

Founder Contacts

30,000+ verified contacts

St Louis, United States

Covercress is a biotechnology company that manufactures an oilseed crop for food, bioenergy, and cattle feed.

$26.0M raised
Apr 2022

Founder Contacts

30,000+ verified contacts

Naples, United States

WaveArray develops an electronic technology platform to eliminate biofouling.

$999K raised
Apr 2023

Founder Contacts

30,000+ 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

30,000+ verified contacts

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

30,000+ 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

30,000+ 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

30,000+ 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

30,000+ 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

30,000+ verified contacts

Woodbridge, Canada

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

Apr 2026

Founder Contacts

30,000+ verified contacts

Showing 51 to 75 of 165 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 165 fuel companies tracked in the VCBacked database.

Average Funding
$60.8M
Total Funding Tracked
$1.5B
Countries Represented
6

Distribution by Funding Stage

Other25 companies

Top Cities for Fuel

1.Berkeley
2 companies$6.3M
2.San Francisco
2 companies$50.0M
3.Chicago
1 companies$4.5M
4.Framingham
1 companies$300.0M
5.Toulouse
1 companiesUndisclosed

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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