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Cambridge's Neela Biotech raises £2.1M in pre-seed funding led by Elbow Beach to develop jet fuel from waste using AI technology.
Neela Biotech has secured £2.1 million in pre-seed funding to explore the conversion of food and agricultural waste into sustainable aviation fuel. The round was led by Elbow Beach, which invested £1.5 million. Other participants included Ascension and Cambridge Enterprise. The funds will help advance their technology from the lab to pilot-scale trials.
Company Information
Company
Neela Biotech
Location
Cambridge, England, United Kingdom
About
Neela Biotech is a Cambridge-based startup focused on producing sustainable aviation fuel from waste through innovative technology. Incorporated in April 2025, the company combines AI-guided microbes with anaerobic digestion to create a more efficient process for transforming organic waste into jet fuel. Neela aims to use existing biogas facilities to lower capital expenses while providing new income sources for biogas operators. The startup is addressing the challenge of limited waste oil supply to meet the growing demand for sustainable aviation fuel.
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Cambridge