Aether
New York, New York, United States · Artificial Intelligence, Financial Services, Fintech
Aether Fuels envisions a net-zero world enabled by its breakthrough sustainable liquid fuel production technology. We are developing highly scalable solutions that dramatically improve the unit economics of producing sustainable fuels for aviation and ocean shipping. Established in 2022 as a spin-out of Xora Innovation, a deep-tech early-stage investment platform of Temasek, we maintain principal
Key facts
- Headquarters
- New York, New York, United States
- Employees
- 17
- Industries
- Artificial Intelligence, Financial Services, Fintech
- Status
- Public (ATHR)
- Website
- aetherfuels.com
- Company page
Recent activity at Aether
- : SEC 8-K (1.01):
- : SEC 8-K (1.01): On July 17, 2026, Aether Holdings, Inc. entered into a material definitive agreement with Virtual Grid Inc. concerning a strategic commercial relationship focused on Virtual Grid's modular compute-and-energy pods. This agreement includes a Supply Agreement appointing Aether Compute LLC as the exclusive white-label reseller for multiple Southeast Asian countries for a term of ten years, which can be renewed for another ten-year period. The transaction also involves a strategic investment from Aether Holdings into Virtual Grid. Notably, Timothy Murphy, a board member of Aether Holdings, holds interests in Virtual Grid, raising potential conflict of interest concerns.
- : SEC 8-K (1.01): On June 25, 2026, Aether Holdings, Inc. entered into a material definitive agreement, the At The Market Offering Agreement, with Rodman & Renshaw LLC. Under this agreement, the Company may offer and sell up to $10,998,532 worth of its common stock. This offering has been registered under the Securities Act and will be conducted on an 'at the market' basis, allowing sales through Nasdaq or other trading markets. The Sales Agreement allows for both direct and private sales, and includes provisions for termination by either party. The Company plans to use the net proceeds for purposes outlined in the related prospectus supplement.
- : SEC 8-K (5.02): On June 1, 2026, Aether Holdings, Inc. appointed Hon Nam Lee as an independent director, filling a newly created position on the Board, which now consists of five directors. Mr. Lee's term commenced on the Effective Date and will continue until the next annual stockholders' meeting or until his successor is appointed. He has been appointed as Chair of the Nominating and Corporate Governance Committee and will receive an annual compensation of $30,000, plus an additional $5,000 for his chair responsibilities. Furthermore, Timothy William Murphy transitioned from an Independent Director to the Company's General Counsel, thereby losing his independent status in accordance with SEC and Nasdaq rules. This change also took effect on June 1, 2026.
- : SEC 8-K (1.01):
- : SEC 8-K (1.01):
- : SEC 8-K (5.02): On December 18, 2025, the Board of the Company appointed Mr. Wayne Huo as a member of the Board and as a member of the audit, compensation, investment and treasury, and nominating and governance committees. Mr. Huo, who has extensive experience in fintech and global financial markets, previously served as CEO of Amber International and COO of Amber Group. He will receive $30,000 annually for his Board service, plus $5,000 for each committee he serves on. His appointment highlights the Company's commitment to enhancing governance and expertise on its Board.
- : SEC 8-K (5.02): On November 21, 2025, Aether Holdings, Inc. received a written consent to remove a director, executed by Elixir Technology Inc. and Up and Up Ventures Limited. Elixir Technology is controlled by Jaclyn Mang Hei Wu, a board member, while Up and Up Ventures is controlled by Nicolas Kuan Liang Lin, the Chairman and CEO. This action indicates a change in the board's composition and governance, potentially impacting the company's strategic direction and decision-making processes. The filing highlights the need for compliance with Delaware law regarding director removal, reflecting ongoing management adaptations within the company.
- : SEC 8-K (5.02): On November 21, 2025, Aether Holdings, Inc. received a written consent in lieu of a stockholder meeting which resulted in the immediate removal of Mr. David Mandel from the board of directors. This decision was executed by Elixir Technology Inc., controlled by board member Jaclyn Mang Hei Wu, and Up and Up Ventures Limited, controlled by Chairman and CEO Nicolas Kuan Liang Lin, who together hold a majority of the company's common stock. The corporate action was conducted in accordance with the Delaware General Corporation Law, specifically Section 141(k). This change may influence the company’s strategic direction and governance structure moving forward.
- : Aether Appoints Tim Farland as Chief Technology Officer
Aether funding history
| Date | Round | Amount |
|---|---|---|
| Aug 2025 | Seed | $3.8M |
| Jun 2024 | Venture | $36.9M |
| Dec 2023 | Funding Round | $8.5M |
| Mar 2022 | Series A | $18.0M |
Leadership
- Tim Farland, Chief Technology Officer
- Ursula von Keisenberg, Founder
- Carsten Grueber, Founder
- Claudio Bertelli, Vice President of Business Development
- Sanjiv Dabee PrEng, Vice President of Engineering
- Conor Madigan, Founder
Verified email and direct lines for Aether’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Aether files 2 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Aether in the news
- Aether fuels demonstrates Aurora™ equipment SAF production - Hydrocarbon Engineering (Sep 30, 2026)
- Aether Fuels, FlyORO Explore Integrated SAF Supply Chain In Singapore - Aviation Week (May 12, 2026)
- Aether Fuels Raises $15 Million to Build New SAF Plant in Singapore - ESG Today (Jan 12, 2026)
- Aether Fuels partners with FlyORO Technologies to develop SAF supply chain - gasworld (May 12, 2026)
- Sustainable fuel startup Aether Fuels showcases new tech, weighs location for scaled-up facility - The Business Journals (Mar 26, 2025)
- Aether Fuels and Aster partner on first SAF fuel plant in Singapore - Biofuels International Magazine (Nov 11, 2025)
- Aster signs Memorandum of Understanding with Xora-backed Aether Fuels to advance breakthrough sustainable fuel technology - Eco-Business (Aug 14, 2025)
- Aether Fuels establishes advisory board to accelerate commercialisation of sustainable fuels - Hydrocarbon Engineering (Aug 06, 2026)
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About Aether: questions and answers
What does Aether do?
Aether Fuels envisions a net-zero world enabled by its breakthrough sustainable liquid fuel production technology. We are developing highly scalable solutions that dramatically improve the unit economics of producing sustainable fuels for aviation and ocean shipping. Established in 2022 as a spin-out of Xora Innovation, a deep-tech early-stage investment platform of Temasek, we maintain principal
Where is Aether headquartered?
Aether is headquartered in New York, New York, United States.
How many employees does Aether have?
Aether has about 17 employees.
Has Aether raised funding?
Yes. Fundz has recorded 4 funding events for Aether. The most recent, Seed of $3.8M, was in Aug 2025.
Who leads Aether?
Ursula von Keisenberg is a Founder at Aether.
What is the latest news on Aether?
On Aug 11, 2026, SEC 8-K (1.01):
Is Aether a public company?
Yes. Aether is publicly traded under the ticker ATHR.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy