XFuel

XFuel is a sustainable energy startup based in Ireland, founded in 2010. The company's mission is clear from its slogan: "Producing sustainable and net-zero road, marine and aviation drop-in fuels". XFuel's focus lies in developing technology for the sustainable and cost-effective conversion of biomass waste into clean and drop-in advanced fuels for the marine, road, and aviation sectors.

The startup has made significant progress, with an operational pilot plant deployed in Spain and a commercial-scale project underway in the UK, in collaboration with global partners. XFuel prides itself on its patented technology, exciting project economics, and its commitment to producing fuel efficiently and at low-cost, with a remarkable 85% fewer GHGs than traditional fossil fuel production. The company is also dedicated to achieving carbon-neutral and negative fuels, making it an attractive investment prospect in the context of the global pursuit of decarbonisation.

XFuel's recent Seed Round investment on 28 March 2022 was secured from Yes VC, showcasing investor confidence in the company's innovative approach to renewable energy and propulsion. In summary, XFuel's focus on renewables, decarbonisation, and producing clean, efficient biofuels for transportation, especially in the road, marine, and aviation sectors, positions the company as a promising player in the CleanTech industry.