Rivan (Series A)
Funding Details
- Awarder
- RSS - tech.eu
- Date Award
- May 21, 2025
- Vertical
- Climatetech
- Funding URL
- View Funding Page
- Funding Amount:
- $10,000,000
Company Info
- Traction
- Rivan has already deployed a 100kW pilot plant and plans to achieve commercial-scale deployments by 2026.
- Founders
- Harvey Hodd
- Company Description
- Rivan is developing modular synthetic fuel plants powered entirely by off-grid solar energy, aiming to address energy security and industrial decarbonisation in the UK and Europe. The company combines direct air capture of CO₂ with green hydrogen to synthesise carbon-neutral fuels that are chemically identical to fossil-based counterparts.
- Market
- Heavy industry
- Location
- London, UK
- Coinvestors
- Plural, 20VC, Nat Friedman, Daniel Gross, Patrick Collison, John Collison