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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

Carbon 418
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Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

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Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. Combined with $2.1

Renewable 321
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SK invests in electrofuels company Infinium

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Infinium Electrofuels technology converts carbon dioxide waste and renewable power through its proprietary process to create hydrogen-based alternatives to traditional fossil-based fuels. Electrofuels are ultra-low carbon drop-in fuels that can be used in today’s infrastructure and engines without modifications or upgrades.

Companies 435
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Twelve and LanzaTech successfully convert CO2 to ethanol

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Carbon transformation company Twelve and biotechnology company LanzaTech have transformed CO 2 emissions into ethanol as a part of an ongoing research and development partnership. Our process aims to rebalance the overabundance of carbon in our environment and instead reuse it for meaningful applications.

Convert 324
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Amazon invests in electrofuels company Infinium

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Infinium Electrofuels have the potential to help investor Amazon and other companies to decarbonize their operations and meet their net-zero carbon goals. Infinium’s proprietary Electrofuels process converts renewable power into green hydrogen, then uses this green hydrogen and waste carbon dioxide to produce net-zero carbon fuels.

Companies 435
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Aemetis selects Worley to provide engineering for ‘Carbon Zero 1’ renewable jet and diesel production plant

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Aemetis awarded an engineering services contract to Worley for the Aemetis ‘Carbon Zero’ renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Earlier post.)

Renewable 186
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bp ventures invests $10M in waste-to-biomethanol company WasteFuel; offtake MoU

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bp ventures has committed $10 million, leading the Series B investment round, in WasteFuel , a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as biomethanol. billion metric tons by 2050.

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