INERATEC is a German-based startup founded in 2016 with a focus on ESG, Energy, and Renewable Energy. The company's slogan, "Next era mobility," reflects its mission to produce sustainable e-Fuels and synthetic chemicals to replace fossil crude oil. INERATEC's modular power-to-X plants facilitate the conversion of renewable hydrogen and greenhouse gases into e-kerosene, CO2-neutral diesel, synthetic waxes, or methanol, thereby contributing to a greener future. In a significant development, the company received a €30.00M grant investment on 30 January 2025, with Breakthrough Energy Ventures as the investors. This substantial investment marks a milestone in INERATEC's journey and underscores the growing interest and support for sustainable, renewable energy solutions in the market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | €30.00M | 1 | 30 Jan 2025 | |
Series B | €118.00M | 10 | FO Holding, Rock Creek +3 | 16 Jan 2024 |
Venture Round | Unknown | 7 | Safran Corporate Ventures, Planet A Ventures +4 | 25 Jan 2023 |
Series A | €20.00M | 7 | Safran Corporate Ventures, Planet A Ventures +4 | 20 Jan 2022 |
Seed Round | Unknown | 1 | HTGF | High-Tech Gruenderfonds | 22 Aug 2018 |
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