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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
$163.0M
Avg Funding
$6.5M
Global Reach
8
countries

Top Cities for Fuel

Manchester
Miyazaki
Gilbert
Tartu
Tallinn
Houston

Recently Funded Companies

Export
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

30,000+ 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

30,000+ 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

30,000+ verified contacts

Tartu, Estonia

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

$1.0M raised
Feb 2025

Founder Contacts

30,000+ 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

30,000+ verified contacts

Houston, United States

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

$375K raised
Jan 2025

Founder Contacts

30,000+ 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

30,000+ verified contacts

Rotterdam, The Netherlands

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

$1.0M raised
Jan 2025

Founder Contacts

30,000+ 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

30,000+ 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

30,000+ 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

30,000+ 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

30,000+ 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

30,000+ 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

30,000+ verified contacts

Orange, United States

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

$700K raised
Jun 2024

Founder Contacts

30,000+ 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

30,000+ verified contacts

Nashville, United States

Yoshi fills a vehicle's tank wherever a driver wanted instead of the owner having to stop at a gas station.

$26.0M raised
Apr 2024

Founder Contacts

30,000+ verified contacts

Hanover, United States

Terragia Biofuel provides the technology to drive the next generation of biofuels.

$6.0M raised
Mar 2024

Founder Contacts

30,000+ verified contacts

Gradignan, France

Exois develops the EVEAE - Energy Via Exhaust, an exhaust waste heat recovery technology which reduces engine fuel consumption and emissions.

$37.8M raised
Mar 2024

Founder Contacts

30,000+ verified contacts

Sumida, Japan

Fermenstation is a consulting firm that unites biomass and creative businesses.

$1.6M raised
Jan 2024

Founder Contacts

30,000+ verified contacts

Austin, United States

The most advanced and powerful multi-action fuel additive on the market.

$105K raised
Nov 2023

Founder Contacts

30,000+ verified contacts

Fargo, United States

BWR Innovations develops zero emission electrical generators with fuel cell technologies for microgrids and virtual power plant applications

$250K raised
Sep 2023

Founder Contacts

30,000+ verified contacts

Chicago, United States

Where Fuel Meets Intelligence

$18.0M raised
Aug 2023

Founder Contacts

30,000+ verified contacts

Austin, United States

Trading and supply of petroleum products worldwide.

$10.0M raised
Jul 2023

Founder Contacts

30,000+ verified contacts

Houston, United States

Decarbonizing the Heavy Industry and Electricity Space by Pioneering Hydrogen as a Sustainable Alternative.

$500K raised
Jul 2023

Founder Contacts

30,000+ verified contacts

Showing 101 to 125 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
$6.5M
Total Funding Tracked
$163.0M
Countries Represented
8

Distribution by Funding Stage

Other25 companies

Top Cities for Fuel

1.Houston
2 companies$875K
2.Copenhagen
2 companies$15.7M
3.Austin
2 companies$10.1M
4.Manchester
1 companies$5.0M
5.Miyazaki
1 companies$1.9M

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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165 Fuel Startups (2026) — Recently Funded Companies, Investors & Rounds | VCBacked