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Clearflame Engine Technologies Secures $17 Million To Decarbonize Long-Haul Trucking And Other Diesel-Driven Industries

PRIVATEOct 28, 2021

Amount Raised

$17 Million

Round Type

Funding Round

GenevaOtherSustainabilityNatural Resources

Description

ClearFlame Engine Technologies, a startup dedicated to the development of net-zero engine technology, announced today that it has secured $17 million in Series A financing, which will enable commercialization of the company's innovative engine technology for the long-haul trucking, agriculture and power generation sectors. The financing was led by Breakthrough Energy Ventures with participation from Mercuria, John Deere and Clean Energy Ventures.

Quick answer

ClearFlame Engine Technologies raised $17 Million in a Funding Round round, dated October 28, 2021. ClearFlame Engine Technologies is based in Geneva, Illinois, United States.

How much did ClearFlame Engine Technologies raise?
ClearFlame Engine Technologies raised $17 Million in a Funding Round round on October 28, 2021.
What does ClearFlame Engine Technologies do?
ClearFlame Engines is a startup company based in Chicago, IL.
Where is ClearFlame Engine Technologies based and how big is it?
ClearFlame Engine Technologies is based in Geneva, Illinois, United States.
Who are the decision-makers at ClearFlame Engine Technologies?
Fundz holds 1 contact at ClearFlame Engine Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sustainability and Natural Resources around the same time

Companies in the same sectors as ClearFlame Engine Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Great Atlantic Resources raised an undisclosed amount (Funding Round) on December 10, 2021.
  • TeraWulf raised $200M (Funding Round) on December 2, 2021.
  • Energy Dome raised $11M (Series A) on November 30, 2021.
  • iSun raised $250K (Pre-Seed) on November 24, 2021.
  • Great Atlantic Resources raised an undisclosed amount (Funding Round) on November 17, 2021.
  • Qube Technologies raised an undisclosed amount on November 15, 2021.

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Company Information

Company

ClearFlame Engine Technologies

Location

2633 Kaneville Court

Geneva, Illinois, United States

About

ClearFlame Engines is a startup company based in Chicago, IL. The ClearFlame technology enables heavy-duty engine manufacturers to produce engines at lower cost, while simultaneously providing their customers with higher performance and fuel cost savings. We're breaking the paradigm that ties heavy engines to petroleum fuels by 'taking the Diesel out of the Diesel engine'​. Our engine modification enables Diesel engines to run on cleaner burning, sootless fuels in the most efficient manner, unlocking benefits in cost savings, performance, and air quality. We view our technology as being applicable wherever Diesel engines are used - including big markets like heavy duty transportation and distributed power generation, as well as marine, agriculture, construction, mining, and locomotive applications. We'd love to hear from you if you want to learn more about the technology, have an interest in joining the team, or are interested in partnering with us to demonstrate, deploy, and scale our technology. Contact: info@clearflameengines.com

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1 contact
Verified contacts2 people are listed at ClearFlame Engine Technol…. We don't have their email yet.See plans and pricing
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ClearFlame Engine Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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