Metafuels raises $24 million to scale synthetic aviation fuel technology
In India, BioEnergy Times reported that aviation technology startup Metafuels has raised $24 million in a Series A funding round to speed up the rollout of its synthetic sustainable aviation fuel technology.
The Zurich-based firm is developing a process that converts green methanol into jet fuel, aiming to provide airlines with a lower-emissions alternative to fossil fuels, according to the report.
The fresh funding will help advance construction of a methanol-to-jet demonstration plant in Switzerland. It will also support plans for a commercial-scale facility at the Port of Rotterdam, where Metafuels intends to produce its “aerobrew” e-SAF fuel. The Rotterdam project would mark the first industrial-scale deployment of the company’s technology, the report added.
Category: SAF
