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Top 10 Biofuel startups
Updated: February 23, 2024 |
Biofuel startups are focused on developing advanced technologies for the production of biofuels from renewable biomass sources, such as cellulosic feedstocks, algae, and waste materials, aiming to create sustainable alternatives to conventional fossil fuels for transportation and industrial applications, reducing carbon emissions, promoting energy independence, and contributing to a more sustainable and low-carbon future.
1
Country: New Zealand | Funding: $1B
By recycling carbon from industrial off-gases; syngas generated from any biomass resource (e.g. municipal solid waste (MSW), organic industrial waste, agricultural waste); and reformed biogas, LanzaTech can reduce emissions and make new products for a circular carbon economy.
By recycling carbon from industrial off-gases; syngas generated from any biomass resource (e.g. municipal solid waste (MSW), organic industrial waste, agricultural waste); and reformed biogas, LanzaTech can reduce emissions and make new products for a circular carbon economy.
2
Country: Canada | Funding: $871.5M
Enerkem is a cleantech company transforming waste into transportation biofuels, renewable chemicals and everyday products.
Enerkem is a cleantech company transforming waste into transportation biofuels, renewable chemicals and everyday products.
3
Country: Germany | Funding: €403M
SunFire provides liquid fuels and combustibles. It offers petrol and diesel from carbon dioxide and water by coupling renewable energy, as well as kerosene, waxes, methanol, and methane/synthetic natural gas. The company also allows storage of renewable electrical power in liquid fuels with storage, loading, and transport capabilities.
SunFire provides liquid fuels and combustibles. It offers petrol and diesel from carbon dioxide and water by coupling renewable energy, as well as kerosene, waxes, methanol, and methane/synthetic natural gas. The company also allows storage of renewable electrical power in liquid fuels with storage, loading, and transport capabilities.
4
Country: USA | Funding: $281.2M
Fulcrum Bioenergy converts household garbage into low-carbon transportation fuels, including jet fuel, diesel, and ethanol.
Fulcrum Bioenergy converts household garbage into low-carbon transportation fuels, including jet fuel, diesel, and ethanol.
5
Country: USA | Funding: $202M
Synthetic Genomics develops transportation fuels from algae.
Synthetic Genomics develops transportation fuels from algae.
6
Country: USA | Funding: $174.9M
Solazyme is a synthetic biology company converting algal biomass into biofuels for the transportation, cosmetic and food industries.
Solazyme is a synthetic biology company converting algal biomass into biofuels for the transportation, cosmetic and food industries.
8
Country: USA | Funding: $90M
Sierra Energy’s blast furnace heats trash to 4,000 degrees and then harvests the gas to make plastics and fuel.
Sierra Energy’s blast furnace heats trash to 4,000 degrees and then harvests the gas to make plastics and fuel.
9
Country: USA | Funding: $74.9M
Virent Energy Systems is an energy technology company providing solutions that facilitate the renewable replacement of fossil fuels.
Virent Energy Systems is an energy technology company providing solutions that facilitate the renewable replacement of fossil fuels.
10
Country: Israel | Funding: $71M
Blue Sphere develops waste-to-energy plants that generate biofuels from food and farm waste. These biofuels are then sold to local utility providers that utilize them to power steam turbines for electricity production.
Blue Sphere develops waste-to-energy plants that generate biofuels from food and farm waste. These biofuels are then sold to local utility providers that utilize them to power steam turbines for electricity production.
11
Country: Canada | Funding: $40.8M
Nexterra delivers advanced gasification systems to self-generate clean, low cost heat and power using waste fuels.
Nexterra delivers advanced gasification systems to self-generate clean, low cost heat and power using waste fuels.
12
Country: Canada | Funding: $33.4M
Woodland Biofuels develops technology ti produce cellulosic ethanol from waste biomass, such as wood chips and agricultural waste.
Woodland Biofuels develops technology ti produce cellulosic ethanol from waste biomass, such as wood chips and agricultural waste.
13
Country: USA | Funding: $28.8M
GreenFuel Technologies builds algae bioreactor systems, which use recycled CO2 to feed the algae, which is then converted into biofuels; it uses the containers to carefully control the algae’s intake of sunlight and nutrients.
GreenFuel Technologies builds algae bioreactor systems, which use recycled CO2 to feed the algae, which is then converted into biofuels; it uses the containers to carefully control the algae’s intake of sunlight and nutrients.
14
Country: USA | Funding: $28.6M
Sweetwater Energy is a company that produces concentrated sugar from multiple non-food plant materials.
Sweetwater Energy is a company that produces concentrated sugar from multiple non-food plant materials.
15
Country: India | Funding: $27.4M
Sea6 Energy is a platform that utilizes the unlimited potential of the oceans in a sustainable and ethical way.
Sea6 Energy is a platform that utilizes the unlimited potential of the oceans in a sustainable and ethical way.
16
Country: Canada | Funding: $21.1M
Pond captures industrial emissions and grows algae off it. Algae are processed into petroleum derivatives.
Pond captures industrial emissions and grows algae off it. Algae are processed into petroleum derivatives.
17
Country: France | Funding: €19M
BeFC Bioenzymatic Fuel Cells provide Eco-friendly paper-based bio-enzymatic fuel cells for sustainable energy generation.
BeFC Bioenzymatic Fuel Cells provide Eco-friendly paper-based bio-enzymatic fuel cells for sustainable energy generation.
18
Country: France
Evergaz, the French and European biogas greentech, and SICAE-OISE, a distributor and electricity supplier present in 185 municipalities.
Evergaz, the French and European biogas greentech, and SICAE-OISE, a distributor and electricity supplier present in 185 municipalities.
19
Country: Israel | Funding: $9M
NCF is developing an innovative, cost competitive, self-sufficient system to produce fuel from CO2 and renewable energy.
NCF is developing an innovative, cost competitive, self-sufficient system to produce fuel from CO2 and renewable energy.
20
Country: USA | Funding: $7M
Inventure Chemicals develops an ethanol and biodiesel conversion process by using a variety of raw materials including algae and agribusiness waste.
Inventure Chemicals develops an ethanol and biodiesel conversion process by using a variety of raw materials including algae and agribusiness waste.
21
Country: Germany | Funding: €5.1M
CAPHENIA is dedicated to producing renewable synthetic fuels through its Power-and-Biogas-to-Liquid (PBtL) process, which converts CO2 and biogas into fuel. This process, powered by renewable energy, aims to reduce carbon emissions by providing an eco-friendly alternative for powering existing engines and propulsion systems.
CAPHENIA is dedicated to producing renewable synthetic fuels through its Power-and-Biogas-to-Liquid (PBtL) process, which converts CO2 and biogas into fuel. This process, powered by renewable energy, aims to reduce carbon emissions by providing an eco-friendly alternative for powering existing engines and propulsion systems.
22
Country: Scotland | Funding: £4m
Biofuels made from seaweed algae creating a sustainable supply of biogas, bioethanol & organic fertiliser.
Biofuels made from seaweed algae creating a sustainable supply of biogas, bioethanol & organic fertiliser.
23
Country: USA | Funding: $4.5M
Blue Marble Biomaterials finds algae-infested polluted water systems, cleans up the environment, and turns the algae into biofuel.
Blue Marble Biomaterials finds algae-infested polluted water systems, cleans up the environment, and turns the algae into biofuel.
24
Country: India | Funding: ₹330M
Greenjoules is a green energy technology startup that specializes in making renewable biofuels.
Greenjoules is a green energy technology startup that specializes in making renewable biofuels.
25
Country: India
Earth Recycler is a pioneer in providing integrated environmental friendly services, solutions, strongly committed to protecting the environment by improving the communities in which we work and live. Earth Recycler is equipped with a team of professionals who have proven expertise in developing sustainable and cost effective solutions for environmentally concerned clients. Our recycling initiatives are custom designed for various sectors from corporate organizations, educational institutions and residential apartments to the community at large.
Earth Recycler is a pioneer in providing integrated environmental friendly services, solutions, strongly committed to protecting the environment by improving the communities in which we work and live. Earth Recycler is equipped with a team of professionals who have proven expertise in developing sustainable and cost effective solutions for environmentally concerned clients. Our recycling initiatives are custom designed for various sectors from corporate organizations, educational institutions and residential apartments to the community at large.
26
Country: Canada
NULIFE GreenTech has created an oxygen reduction catalyst that can unlock the advanced biofuels market and allow governments around the world to meet their clean fuel mandates.
NULIFE GreenTech has created an oxygen reduction catalyst that can unlock the advanced biofuels market and allow governments around the world to meet their clean fuel mandates.
27
Country: India
Pyrotask Energy in converting various types of plastic waste into industrial fuel
Pyrotask Energy in converting various types of plastic waste into industrial fuel
28
Country: Switzerland
UNIWASTEC is a technology company that operates in the field of waste-to-energy production, namely Grade 5 green hydrogen directly from wastewater, synthetic gas from municipal or industrial solid waste, and synthetic catalytic fuels from biomass.
UNIWASTEC is a technology company that operates in the field of waste-to-energy production, namely Grade 5 green hydrogen directly from wastewater, synthetic gas from municipal or industrial solid waste, and synthetic catalytic fuels from biomass.
29
Country: Denmark
Kvasir Technologies has developed a process for converting bio-waste into a fuel which can be used as a supplement, or direct replacement, for fossil fuels in large marine vessels. Crucially, there is no limit to the type of biomass that can be used as a feedstock to produce the biofuel.
Kvasir Technologies has developed a process for converting bio-waste into a fuel which can be used as a supplement, or direct replacement, for fossil fuels in large marine vessels. Crucially, there is no limit to the type of biomass that can be used as a feedstock to produce the biofuel.
30
Country: Netherlands
Terrawaste uses its proprietary thermochemical conversion technology ‘htloop’ to convert carbon-based waste such as plastic, wood or agricultural waste into a biofuel.
Terrawaste uses its proprietary thermochemical conversion technology ‘htloop’ to convert carbon-based waste such as plastic, wood or agricultural waste into a biofuel.