Clearfuels Technology

company

About

ClearFuels Technology is engaged in the thermo-chemical conversion of renewable cellulosic biomass feed-stocks to syngas.

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Details

Last Funding Type
Grant
Last Funding Money Raised
$23M
Industries
Chemical,CleanTech,Mining Technology
Founded date
Jan 1, 1998
Number Of Employee
1 - 10
Operating Status
Active

Founded in 1998, ClearFuels Technology Inc. is a leading developer of low-cost advanced renewable biofuels with a well-defined strategy for near-term commercialization of our highly flexible thermochemical platform. ClearFuels employs a proprietary thermochemical steam reformation process that converts multiple mixed cellulosic biomass feedstocks into high-value energy products including ethanol, renewable Fischer-Tropsch or "FT" diesel, hydrogen and electrical power at industry-leading yields. Clearfuels' unique ability to utilize multiple types of feedstock minimizes cost and production impact due to specific feedstock price fluctuations or availability while the ability to produce several types of high-value energy products from the same BTG platform offers the flexibility to meet specific energy demands with lower commodity risks

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$23M
Clearfuels Technology has raised a total of $23M in funding over 2 rounds. Their latest funding was raised on Dec 7, 2009 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 7, 2009 Grant $23M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Clearfuels Technology is funded by 1 investors. US Department of Energy are the most recent investors.
Investor Name Lead Investor Funding Round
US Department of Energy Grant