Top 10 Biofuel startups in USA

Updated: April 21, 2024

1
Funding: $281.2M
Fulcrum Bioenergy converts household garbage into low-carbon transportation fuels, including jet fuel, diesel, and ethanol.
2
Funding: $202M
Synthetic Genomics develops transportation fuels from algae.
3
Funding: $174.9M
Solazyme is a synthetic biology company converting algal biomass into biofuels for the transportation, cosmetic and food industries.
4
Funding: $164M
LanzaTech develops renewable jet fuel
5
Funding: $90M
Sierra Energy’s blast furnace heats trash to 4,000 degrees and then harvests the gas to make plastics and fuel.
6
Funding: $74.9M
Virent Energy Systems is an energy technology company providing solutions that facilitate the renewable replacement of fossil fuels.
7
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.
8
Funding: $28.6M
Sweetwater Energy is a company that produces concentrated sugar from multiple non-food plant materials.
9
Funding: $7M
Inventure Chemicals develops an ethanol and biodiesel conversion process by using a variety of raw materials including algae and agribusiness waste.
10
Funding: $4.5M
Blue Marble Biomaterials finds algae-infested polluted water systems, cleans up the environment, and turns the algae into biofuel.
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