The investment in XFuel supports the development of sustainable low-carbon fuels derived from biomass waste for transportation, addressing climate challenges while capitalizing on growing market demands.

Target Information

XFuel is an innovative company focused on producing sustainable low-carbon drop-in fuels aimed at the road, marine, and aviation transportation sectors. The company specializes in biosynthetic fuels derived from solid biomass waste sources, including those from the manufacturing, construction, forestry, and agriculture industries. By leveraging modular and scalable biorefineries, XFuel delivers high-quality, cost-competitive fuels that seamlessly integrate with existing infrastructure and engines, without necessitating substantial capital investments.

With a commitment to environmental sustainability, XFuel's technology boasts the capability to achieve greenhouse gas (GHG) savings of over 85%. Furthermore, ongoing research and development efforts indicate a promising potential to generate carbon-negative fuels in the future, addressing both fuel needs and climate change challenges.

Industry Overview

The transportation sector is heavily reliant on fossil fuels, contributing 37% of carbon dioxide emissions from end-uses. In recent years, there has been increasing urgency to decarbonize this sector to mitigate cl