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Fuel Startups

Updated July 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
$548.3M
Avg Funding
$21.9M
Global Reach
8
countries

Top Cities for Fuel

Nashville
Hanover
Gradignan
Sumida
Austin
Fargo

Recently Funded Companies

Export
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

Latham, United States

Combined Energies is an early-stage startup commercializing residential-scale power electronic and fuel cell technology.

$640K raised
Mar 2023

Founder Contacts

30,000+ verified contacts

Saint Laurent, Canada

Azzera created a B2B SaaS platform that allows aviation companies to track climate impact, comply, and mitigate with SAF & carbon credits

$1.0M raised
Jan 2024

Founder Contacts

30,000+ verified contacts

New York, United States

Liberation Bioindustries is a biotech firm that develops an industrial biotechnology system for agriculture.

$60.2M raised
Dec 2025

Founder Contacts

30,000+ verified contacts

Wellsboro, United States

Woodland Biomass Innovations is a sustainable fuel company that converts dirty wood chips into gasoline for car fuel.

$268K raised
Jan 2025

Founder Contacts

30,000+ verified contacts

Louisville, United States

Alder Renewables develops renewable crude oil and sustainable biofuels from biomass feedstocks.

$2.0M raised
Jan 2023

Founder Contacts

30,000+ verified contacts

Ellesmere Port, United Kingdom

Stanlow Terminals is a liquid storage provider that offers logistics and product handling services supporting energy transition.

$333K raised
Dec 2025

Founder Contacts

30,000+ verified contacts

Aalborg, Denmark

Blue World Technologies is a fuel cell manufacturer especially in methanol fuel cells as an alternative to non-renewable fuels.

$11.9M raised
Dec 2023

Founder Contacts

30,000+ verified contacts

Amsterdam, The Netherlands

Producer of renewable carbon, biochar, green gasses and green hydrogen from organic residues

$364.0M raised
Dec 2021

Founder Contacts

30,000+ verified contacts

Wales, United Kingdom

Compact Syngas Solutions develops non power applications for synthesis gas utilising waste biomass and prepared SRF fuels.

Dec 2025

Founder Contacts

30,000+ verified contacts

Cantanhede, Portugal

BioMimetx is a biotech startup focused on the development of green antifouling solutions to prevent marine biofouling.

$533K raised
Dec 2022

Founder Contacts

30,000+ verified contacts

Hollister, United States

ZeroAvia develops hydrogen-electric powertrains for zero-emission aviation solutions.

Dec 2025

Founder Contacts

30,000+ verified contacts

Huntsville, United States

Liquid fluoride thorium reactor (LFTR) technology developer

$4.5M raised
Dec 2023

Founder Contacts

30,000+ verified contacts

Herning, Denmark

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

Dec 2024

Founder Contacts

30,000+ verified contacts

Newport Beach, United States

Low temperature fuel cell and liquid fuel reformer technology

Dec 2025

Founder Contacts

30,000+ verified contacts

Lagord, France

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

$2.7M raised
Jan 2024

Founder Contacts

30,000+ verified contacts

Sacramento, United States

Infinium produces synthetic electrofuels to decarbonize transportation and chemical processes.

Jan 2025

Founder Contacts

30,000+ verified contacts

Showing 126 to 150 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
$21.9M
Total Funding Tracked
$548.3M
Countries Represented
8

Distribution by Funding Stage

Other25 companies

Top Cities for Fuel

1.Austin
2 companies$10.1M
2.Nashville
1 companies$26.0M
3.Hanover
1 companies$6.0M
4.Gradignan
1 companies$37.8M
5.Sumida
1 companies$1.6M

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