Lydian Labs lands $43M Series A for SAF tech platform
The financing supports the launch of PIVOT™, Lydian’s full-stack production platform that enables developers to build and operate synthetic fuel facilities at dramatically lower cost than conventional approaches and gives customers a direct path to buy fuel from Lydian’s own projects. PIVOT reduces plant capital costs by more than 50% compared to competing technologies, can deliver up to 95% lifecycle emissions reductions, and creates a commercially viable pathway for synthetic fuels to compete with biofuels on price within this decade.
The investment also marks the first announced deployment from Breakthrough Energy Ventures’ oneworld BEV Fund, a strategic investment fund supported by leading global airlines and other members of the aviation industry to address the limited availability and high cost of today’s sustainable aviation fuel (SAF). The fund seeks to accelerate the global development of long-term aviation fuel solutions that are cost-effective, scalable, and have lower emissions than conventional fuels.
Category: Fuels
