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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, 2024over 1 year ago

Amount Raised

$6 Million

Round Type

seed

CambridgeEnergy

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.

Company Information

Company

Sora Fuel

Location

750 MAIN ST.

Cambridge, Massachusetts, United States

About

Sora Fuel produces sustainable aviation fuel (SAF) from CO2 directly captured from the air. The company’s groundbreakingly-efficient, closed-loop production system leverages a patented bicarbonate electrolyzer that relies only on water and renewable electricity. Sora Fuel was conceived within Engine Ventures based on technology from Curtis Berlinguette’s lab at the University of British Columbia.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers