Raising $28.7M in their Series B funding, WasteFuel is paving the way for sustainable fuels.
July 12, 2023
Introducing WasteFuel, the groundbreaking startup in the oil and gas industry that is tackling the climate emergency head-on while revolutionizing mobility. With an impressive $28.7M raised in their Series B funding round and backed by industry giants bp and i(x) Net Zero, WasteFuel is paving the way for sustainable fuels. Founded by visionary Trevor Neilson and launched by Oil and Gas investment companies i(x) Net Zero PLC and BP, WasteFuel utilizes proven and scalable technologies to convert municipal and agricultural waste into low-carbon fuels, including green methanol.
Their strategic partnerships with global leaders ensure environmental, operational, and commercial success in each biorefinery project. WasteFuel's strengths lie in their mission to decarbonize the shipping sector by producing bio-methanol and building a valuable IP portfolio of waste-to-fuels technology. Their innovative WasteFuel Methanol Module™ enables the production of green methanol fuel, achieving substantial reductions in CO2 and other greenhouse gases. With WasteFuel, the future of sustainable mobility is within reach. Join Trevor Neilson and their esteemed investors bp and i(x) Net Zero as they spearhead the transformation towards a greener and cleaner future.