Top 9 Methanol Fuel startups

Updated: April 23, 2024

Methanol fuel startups are working on creating efficient methanol production processes, establishing eco-friendly supply chains, and developing high-performance methanol-powered engines.
1
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.
2
Country: USA | Funding: $69.5M
Air Company turns carbon dioxide into things like perfume, vodka, hand sanitizer and ethanol-based aviation fuel
3
Country: USA | Funding: $51.1M
ClearFlame decarbonizes heavy-duty engines while reducing operating costs, to protect the future from the challenge of diesel fuel.
4
Country: Finland | Funding: €35M
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.
5
Country: USA | Funding: $20M
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.
6
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
Country: USA | Funding: $1.9M
General Galactic produces synthetic hydrocarbons from air and waste CO2 with renewable electricity.
8
Country: Sweden | Funding: $998.4K
Liquid Wind converts carbon dioxide (CO2) and wind energy to liquid fuel.
9
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.