Metafuels lands $24M equity round
In Switzerland, global sustainable aviation fuel production must increase more than 150-fold by 2050 to meet projected aviation demand – a scale that bio-based fuels alone cannot deliver. Metafuels, a Swiss aviation technology company, is addressing this challenge with a synthetic methanol-to-jet pathway designed to unlock the volumes, economics, and carbon performance aviation will need over the long term. Thursday, the company announced a $24 million funding round that brings its aerobrew product to market.
The round is led by UVC Partners, with strong participation from existing investors including Energy Impact Partners (EIP), Contrarian Ventures, RockCreek, Verve Ventures and Fortescue. The financing underscores investor confidence in Metafuels’ move from breakthrough technology to first-of-a-kind commercial plants and a repeatable industrial model.
Category: Fuels
