Top 10 Methanol Fuel startups

Updated: Apr 14, 2026
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These startups develop efficient methanol production processes, eco-friendly storage, supply chains and methanol-powered engines.
1
Air Company
Country: USA | Funding: $108.1M
Air Company converts carbon dioxide into products such as perfume, vodka, hand sanitizer, and ethanol-based aviation fuel. The company develops and licenses catalytic process technologies that enable the production of fuels and chemicals closer to their use. It's flagship product is sustainable aviation fuel AIRMADE SAF. AIRCO designs, manufactures, and scales physical production systems that transform synthetic fuels and chemical processes into operational infrastructure. These systems are deployed as modular or large-scale assets and are designed to operate in environments where uninterrupted fuel supply, availability, and reliability cannot be guaranteed.
2
Hycamite
Country: Finland | Funding: €79M
Hycamite specializes in industry decarbonization through its proprietary methane pyrolysis technology, offering industrial clients low-carbon hydrogen and sustainable carbon products. Through thermo-catalytic decomposition of methane, they enable carbon-neutral and even carbon-negative hydrogen production.
3
Liquid Wind
Country: Sweden | Funding: $67.3M
Liquid Wind converts carbon dioxide (CO2) and wind energy to liquid fuel.
4
M2X Energy
Country: USA | Funding: $64M
M2X Energy has developed a technology to capture methane from gas flare sites and convert it to liquid methanol, which can then be transported and used in low-carbon fuels and other materials.
5
ClearFlame Engine Technologies
Country: USA | Funding: $51.1M
ClearFlame decarbonizes heavy-duty engines while reducing operating costs, to protect the future from the challenge of diesel fuel.
6
Biomet
Country: Italy | Funding: $15M
Biomet specializes in transforming urban waste into Liquefied Natural Gas from organic sources (BioLNG). They produce biogas, which is then converted into biomethane and ultimately into bioLNG, managing the entire supply chain from production and transformation to distribution.
7
Oxylus Energy
Country: USA | Funding: $4.5M
Oxylus Energy provides new carbon utilization technology for the generation of e-fuels. It produces an alternative fuel from converting CO2 into green methanol.
8
Geolabe
Country: USA | Funding: $16K
Geolabe develops AI approaches tailored for multispectral and radar satellite imagery. Its algorithms can autonomously detect methane anywhere on Earth, every few days.
9
ETFuels
Country: Ireland
ETFuels is pioneering an off-grid green fuel production model, disrupting current approaches to decarbonisation and unleashing the full potential of renewable energy at scale.
10
Entropyst
Country: Scotland
Entropyst is an innovative energy solutions start-up specialising in a groundbreaking reactor technology that converts natural gas into turquoise hydrogen and carbon nanotubes.
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Alexander Gillet
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com