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Aether Fuels · News

Aether Fuels Raises US$8.5 Million for Sustainable Aviation and Shipping Fuels

Published:

English editorial record · renofaro

Key points

  • Aether Fuels announced US$8.5 million in pre-Series A financing via convertible notes from JetBlue Ventures, TechEnergy Ventures, Doral Energy Tech Ventures, Foothill Ventures, and Xora Innovation.
  • The company will use the funds to accelerate technology development, expand its Chicago demo facility, and grow its global team.

Summary

Aether Fuels announced US$8.5 million in pre-Series A financing via convertible notes from JetBlue Ventures, TechEnergy Ventures, Doral Energy Tech Ventures, Foothill Ventures, and Xora Innovation. The company will use the funds to accelerate technology development, expand its Chicago demo facility, and grow its global team.

Original source title

Aether Fuels Raises US$8.5 Million to Develop Sustainable Fuels for Aviation and Ocean Shipping

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