ClearFuels Technology is engaged in the thermo-chemical conversion of renewable cellulosic biomass feed-stocks to syngas.
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
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Dec 7, 2009 | Grant | $23M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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US Department of Energy | — | Grant |