Tech Company Financing Transactions

XFuel Funding Round

XFuel, based in Dublin, secured $20 million from Audacy Ventures, Future Planet Capital and Light Ray Ventures.

Transaction Overview

Company Name
Announced On
1/28/2026
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Proceeds Purpose
With this capital, we're moving decisively from innovation to impact; deploying our first commercial facilities and delivering cost-competitive, low-carbon drop-in fuels exactly when the shipping sector and other hard-to-abate industries need real solutions.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
9 Exchange Place
Dublin, DO1 X8H2
Ireland
Phone
Undisclosed
Email Address
Overview
Transforming diverse waste into today's most affordable low-carbon drop-in transport fuels and pioneering tomorrow's carbon-negative fuels. CLR -- a radically innovative one-step process that refines waste and non-waste hydrocarbon liquids into ultra-clean, low-carbon drop-in fuels delivering meaningful GHG savings and impact at low cost. MECC -- a unique co-processing technology processing lignocellulosic solid biomass, and waste oils into drop-in transport fuels, while simultaneously producing biochar; making MECC a carbon-negative solution. Our solutions are not only sustainable, but scalable and commercially competitive with fossil fuels. We are proud to be backed by world-class investors and leading organisations. Highlights include two operational pilot plants in Spain, and a commercial-scale project now underway in the EU.
Profile
XFuel LinkedIn Company Profile
Social Media
XFuel Company Twitter Account
Company News
XFuel News
Facebook
XFuel on Facebook
YouTube
XFuel on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nicholas Ball
  Nicholas Ball LinkedIn Profile  Nicholas Ball Twitter Account  Nicholas Ball News  Nicholas Ball on Facebook
Chief Financial Officer
Xavier Sansó
  Xavier Sansó LinkedIn Profile  Xavier Sansó Twitter Account  Xavier Sansó News  Xavier Sansó on Facebook
Chief Operating Officer
José Pérez
  José Pérez LinkedIn Profile  José Pérez Twitter Account  José Pérez News  José Pérez on Facebook
Chief Technical Officer
Thomas Günther
  Thomas Günther LinkedIn Profile  Thomas Günther Twitter Account  Thomas Günther News  Thomas Günther on Facebook
VP - Human Resources
Mariam Alina
  Mariam Alina LinkedIn Profile  Mariam Alina Twitter Account  Mariam Alina News  Mariam Alina on Facebook
VP - R & D
David Lunn
  David Lunn LinkedIn Profile  David Lunn Twitter Account  David Lunn News  David Lunn on Facebook


 

 

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