TRILLION (Equity)
Funding Details
- Awarder
- StartEngine
- Date Award
- September 15, 2022
- Vertical
- Green Fuel Technology
- Funding URL
- View Funding Page
- Premoney Valuation
- $1,000,000
- Valuation
- $46,800,000
- Funding Amount:
- $480,000
Company Info
- Founding Year
- Not provided
- Traction
- TRILLION has received letters of intent worth over $300M for fuel purchase agreements and is actively scaling its production capacity. They have successfully completed engine and emissions trials with a major marine operator and launched their latest fuel version, HydroDiesel+® v2.0.
- Revenue Amount
- $30,000,000
- Organizations Involved
- University of Houston, Major marine operator
- Founders
- Alexander Gomez, Michael Brady, Dr. Michael Fraim
- Company Description
- TRILLION is a green fuel development and production company specializing in high-performance, low emissions fuels that offer significant greenhouse gas reductions and operating cost benefits. Their innovative approach involves producing sustainable alternative fuels using a decentralized production and distribution model.
- Market
- Fuel
- Location
- Houston, TX, US
- Coinvestors
- None