Who invested in ClearFlame Engine Technologies?

Clean Energy Ventures, John Deere, Mercuria and Breakthrough Energy Ventures are named as investors in this round.

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.

Clearflame Engine Technologies Raises $30 Million In Series B Funding

PRIVATEMar 09, 2023

Amount Raised

$30 Million

Round Type

Series B

GenevaOtherSustainabilityNatural Resources

Investors

Clean Energy VenturesJohn DeereMercuriaBreakthrough Energy Ventures

Description

Chicago-based ClearFlame Engine Technologies has raised $30 million in Series B funding to bring to market innovative solutions that power heavy-duty engines with clean, renewable fuels and create a viable business solution to reduce carbon and soot.

Quick answer

ClearFlame Engine Technologies raised $30 Million in a Series B round, dated March 9, 2023. Investors: Clean Energy Ventures, John Deere, Mercuria and Breakthrough Energy Ventures. ClearFlame Engine Technologies is based in Geneva, Illinois, United States.

How much did ClearFlame Engine Technologies raise?: ClearFlame Engine Technologies raised $30 Million in a Series B round on March 9, 2023.
Who invested in ClearFlame Engine Technologies?: Clean Energy Ventures, John Deere, Mercuria and Breakthrough Energy Ventures are named as investors in this round.
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.

ValOre Metals raised $74K (Pre-Seed) on April 21, 2023.
Kelvin Systems raised $8.9M on April 19, 2023.
Charge Lab raised $30M (Series A) on April 14, 2023.
SunPower raised $450M (Debt Financing) on April 12, 2023.
Nouveau Monde Graphite raised $22M (Funding Round) on April 11, 2023.
Gravie raised $100M on April 11, 2023.

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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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Series B companies typically work for 15-20 months before raising new capital

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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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