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Top 30 Biofuel startups
Oct 26, 2024 | By Alexander Gillet | 22 |
These startups develop new technologies to produce algae-based biofuels, cellulosic ethanol, pyrolysis oil, etc from organic industrial and agricultural waste
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: Germany | Funding: €918M
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.
3
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.
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.
6
Country: USA | Funding: $202M
Synthetic Genomics develops transportation fuels from algae.
Synthetic Genomics develops transportation fuels from algae.
7
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: $28.6M
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.
14
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.
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.
