Universal Fuel Technologies (Seed)
Funding Details
Awarder
Inbox
Date Award
October 22, 2024
Vertical
Sustainable Aviation Fuel
Funding URL
View Funding Page
Funding Amount
$3,000,000
Company Info
Traction
The company has raised $3 million to advance its projects and secure lab space in Texas.
Founders
Alexei Beltyukov
Market
Aviation Industry
Location
California, United States
Coinvestors
TO VC, Alchemist Accelerator, Claire Technologies, World Star Aviation
Company Description

Universal Fuel Technologies is developing technology to cut sustainable aviation fuel (SAF) production costs by up to 50% and reduce carbon emissions related to production by up to 75%. Their proprietary Flexiforming process upgrades low-value byproducts into high-value SAF, enabling better monetization opportunities for producers.

Links
Website
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