New wave · Worldwide

New green chemicals and e-fuels startups, founded 2020 on

The new wave: 17 green chemicals and e-fuels startups founded in 2020 or later that have raised money in rounds we track, $173M between them, placed in 4 segments.

17startups on the map
4segments
$173Mraised between them
CO2 to chemicalsmost funded segment

Biofuels and biogas

6

CO2 to chemicals

5

Sustainable aviation fuel

3

Green chemicals

3

Segment by segment

Biofuels and biogas

6 startups · $16M raised

  1. Terragia BiofuelTerragia Biofuel provides the technology to drive the next generation of biofuels.United States$6.0M
  2. BiofuelCircleBiofuelCircle Private Limited is a Pune-based startup founded in June 2020, focusing on the bioenergy supply chain, particularly bIndia$5.4M
  3. AFAlder FuelsAlder Fuels is a process technology and project development company in the advanced, low-carbon transportation fuels industryUnited States$2.0M
  4. SixRingSixRing created a collection of patented chemical formulas, and low-energy processes for delignifying biomass to produce biofuels.Canada$1.4M
  5. Pipeline OrganicsPipeline Organics is a cleantech startup based in Nottingham, UK, founded in 2021.United Kingdom$1.0M
  6. Nina EnergyNina Energy Limited is a clean-tech company based in Quito, Ecuador, founded in 2021.Ecuador$268K

CO2 to chemicals

5 startups · $76M raised

  1. AgainAgain, also known as Again Bio, is a Danish biotechnology startup founded in 2020.Denmark$46M
  2. D-CRBND-CRBN recycles CO2 for industrials through our patented CCU plasma technology.Belgium$20M
  3. enadyneenaDyne is a climate technology company based in Leipzig, Germany, specializing in the development of fully electric, modular plasGermany$8.2M
  4. Anodyne ChemistriesAnodyne Chemistries is a Canadian deep-tech and industrial biotechnology company founded in 2021, based in Burnaby, British Columbia.Canada$724K
  5. AlgbioAlgbio treats wastewater and captures CO2 with microalgae to produce biofuels, bioplastics, biomaterials and generate carbon credits.Türkiye$120K

Sustainable aviation fuel

3 startups · $71M raised

  1. LanzaJetLanzaJet is a private company founded in 2020 that focuses on sustainable fuels technology.United States$67M
  2. MetafuelsMetafuels is a Swiss climate technology company founded in 2019, focused on developing sustainable aviation fuel (SAF) technology Switzerland$2.2M
  3. ATOBA EnergyATOBA Energy is a private company founded in 2024, focused on sustainable aviation fuel (SAF) aggregation and financing.France$1.4M

Green chemicals

3 startups · $10M raised

  1. MCatalysisMCatalysis is on a mission to produce low-cost, clean synthetic fuels and chemicals by upcycling waste carbon resources, such as aUnited States$5.0M
  2. Universal Fuel TechnologiesUniversal Fuel Technologies is a chemical technology company based in Los Altos, California.United States$3.0M
  3. Spark e-FuelsSpark e-Fuels is a Berlin-based climate-tech startup founded in 2021.Germany$2.4M

How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in green chemicals and e-fuels, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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