Sora Fuel raised $6M in a seed round led by The Engine Ventures to expand its team and develop commercialization partnerships for sustainable aviation fuel production.
Aug 01, 2024•over 1 year ago
Amount Raised
$6 Million
Round Type
seed
Investors
Wireframe VenturesThe Engine Ventures
Description
Sora Fuel, a startup focused on producing sustainable aviation fuel, has secured $6 million in a seed funding round. The funding will support the expansion of its Boston-based team and the development of commercialization partnerships, enhancing its innovative technology for producing SAF.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers