Last deal

$9M

Amount

Series A

Stage

10.07.2011

Date

1

all rounds

$9M

Total amount

date founded

Financing round

General

About Company
NewCO2Fuels is a manufacturer of fuel-producing systems that convert CO2 and water into synthetic fuels.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

NCF, a subsidiary of GreenEarth Energy Limited, has developed an innovative and self-sufficient system to produce fuel from CO2 and renewable energy. The company's high-temperature dissociation process converts CO2 and water into syngas, which can be used to produce various synthetic fuels. With an impressive 40% conversion efficiency, NCF's technology allows for competitive pricing without relying on government incentives, while also recycling CO2 emissions. Headquartered in Rehovot, Israel, NCF collaborates with experienced executives, talented engineers, and Prof. Jacob Karni's team to build an economically viable CO2-to-fuel reactor using solar thermal energy.
Contacts

Contact Email

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Financials

Funding Rounds
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Number of Funding Rounds

$9M

Money Raised

Their latest funding was raised on 10.07.2011. Their latest round Series A

Date 
Funding Round 
Investors 
Money Raised 
Lead 
10.07.2011
$9M
Co-Investors

People

Employee Profiles
2
David Banitt

David Banitt

Director

David Scheiner

David Scheiner

VP Product Development

Activity

Recent News
0