Top list · Worldwide
45 biofuel startups worldwide have raised money in rounds we track. These are the 45 that have raised the most, $1.9B between them, with the United States the most common home.
Enerkem is a cleantech company transforming waste into transportation biofuels, renewable chemicals, and everyday products.
Founded 2000Montreal, Canada$396Mlast round Sept 2015Beta Renewables is a biofuels and biochemical company.
Founded 2011Tortona, Italy$344Mlast round Oct 2011Neogenyx Fuels develops, owns, and operates advanced biofuel and renewable natural gas infrastructure projects.
Founded -Framingham, United States$300Mlast round May 2026SGP BioEnergy is a bioenergy development company that produces integrated bioenergy products and renewable biofuel for a sustainable future.
Founded -New York, United States$250Mlast round Oct 2023Solazyme is a synthetic biology company converting algal biomass into biofuels for the transportation, cosmetic and food industries.
Founded 2003South San Francisco, United States$146Mlast round Aug 2010Fulcrum Bioenergy converts household garbage into low-carbon transportation fuels, including jet fuel, diesel, and ethanol.
Founded 2007United States$119Mlast round Jul 2015Solix BioSystems provides integrated solutions and services that enable large scale cultivation of algae.
Founded 2006United States$69Mlast round Aug 2012Cobalt Technologies develops technologies that focuses and designed for biofuels.
Founded 2005United States$56Mlast round Oct 2012XFuel produces sustainable and net-zero road, marine and aviation drop-in fuels
Founded -Dublin, Spain$41Mlast round May 2026Allylix develops terpene products for flavor and fragrance, food ingredients, pharmaceuticals, agricultural and biofuels markets.
Founded 2002Lexington, United States$31Mlast round Mar 2012Tagaddod is a Cairo-based cleantech company founded in 2013, specializing in the collection and aggregation of renewable waste-based feedstocks, primarily used
Founded 2013Cairo, Egypt$26Mlast round Oct 2025Sundrop Fuels, Inc.
Founded 2005Longmont, United States$21Mlast round Feb 2008BioGasol ApS is a Danish biotechnology and engineering company founded in 2006, originating from the Technical University of Denmark.
Founded 2006Ballerup, Denmark$19Mlast round Nov 2012Performance Plants Inc.
Founded 1995Kingston, Canada$13Mlast round Jul 2008Lignol is a green development technology company engaged in the production of advanced biofuels.
Founded 2005Canada$13Mlast round Aug 2013xF Technologies Inc., an Albuquerque, NM based company, has developed a patented technology to produce low cost advanced biofuels that can be blended into diese
Founded 2007Albuquerque, United States$13Mlast round Jun 2015TeraPore Technologies is a Cornell University spinout that develops and manufactures high performance filters for protein separations.
Founded 2013South San Francisco, United States$10Mlast round Mar 2023Genera Energy provides integrated biomass supply solutions for the advanced biofuels, biopower, and bio-based products industries.
Founded 2008Vonore, United States$9.0Mlast round Dec 2014Advanced BioEnergy is a liability company formed to develop, construct, own, and operate ethanol plants and other biofuels businesses.
Founded 2005United States$7.7Mlast round Dec 2009Terragia Biofuel provides the technology to drive the next generation of biofuels.
Founded 2022Hanover, United States$6.0Mlast round Mar 2024Novogy develops and produces cellulosic biofuels made from waste paper sludge to be used in transportation.
Founded 2009Cambridge, United States$5.5Mlast round Jan 2012BiofuelCircle Private Limited is a Pune-based startup founded in June 2020, focusing on the bioenergy supply chain, particularly biomass and biofuels.
Founded 2020Pune, India$5.4Mlast round Aug 2024BioFuelNet Canada mobilizes the Canadian biofuels research, industrial, governmental and investment communities.
Founded 2012Montreal, Canada$5.3Mlast round Aug 2023Crimson Renewable Energy is a producer of carbon biodiesel and is contributing to the future of advanced biofuels and transportation fuels
Founded 2006United States$5.0Mlast round Feb 2014Community Fuels is an advanced producer of biomass-based diesel fuels.
Founded 2005United States$4.9Mlast round Dec 2013HutanBio is a biotechnology company based in Cambridge, UK, focused on developing carbon-negative algal biofuel known as HBx.
Founded 2019Milton, United Kingdom$4.8Mlast round Jun 2024Alga Energy is developing a photobioreactor plant for the production of biofuels and omega-3 rich oils to generate clean energy.
Founded 2007Alcobendas, Spain$3.9Mlast round Oct 2012Alder Fuels is a process technology and project development company in the advanced, low-carbon transportation fuels industry
Founded 2021Louisville, United States$2.0Mlast round Jan 2023Blue Biofuels is a technology company that specializes in renewable energy, biofuels, and new technologies sectors
Founded -Palm Beach Gardens, United States$1.9Mlast round Jun 2026Fermenstation is a consulting firm that unites biomass and creative businesses.
Founded 2009Sumida, Japan$1.6Mlast round Jan 2024BIOMAX is specialized in the development and production of biomaterials from biofertilzers to biofuels from different agricultural waste.
Founded 2017Singapore$1.6Mlast round Feb 2013Phycobloom is a London-based biotechnology startup founded in 2019.
Founded 2019London, United Kingdom$1.4Mlast round Jun 2023SixRing created a collection of patented chemical formulas, and low-energy processes for delignifying biomass to produce biofuels.
Founded 2020Calgary, Canada$1.4Mlast round Sept 2022Founded in 1997, Amphora is a proven Commodity Trading Risk Management provider for crude oil, refined products, biofuels, coal, ore, LNG, refined metals, conce
Founded 1997London, Spain$1.1Mlast round Nov 2021Hathaway Renewable Energy (HRE) is undertaking a project that has a cellulosic bio diesel refinery and clean electricity plant.
Founded 2006United States$1.0Mlast round Dec 2013Pipeline Organics is a cleantech startup based in Nottingham, UK, founded in 2021.
Founded 2021Nottingham, United Kingdom$1.0Mlast round Aug 2024WaveArray develops an electronic technology platform to eliminate biofouling.
Founded 2017Naples, United States$999Klast round Apr 2023Green Energy Biofuels is a renewable energy company focused on manufacturing and distributing biofuel products and services.
Founded 2013Lagos, Nigeria$800Klast round Apr 2016BioMimetx is a biotech startup focused on the development of green antifouling solutions to prevent marine biofouling.
Founded 2013Lisbon, Portugal$776Klast round Dec 2022Redefining fermentation through synthetic biology
Founded 2008Pittsboro, United States$525Klast round Dec 2010Nina Energy Limited is a clean-tech company based in Quito, Ecuador, founded in 2021.
Founded 2025Quito, Ecuador$268Klast round Oct 2025Caribou Biofuels manufactures biofuels for the conversion of biomass into fuels.
Founded 2017Modesto$256Klast round Apr 2021Spero Energy, Inc.
Founded 2009United States$150Klast round Jul 2014NEXT Renewable Fuels is an oil and energy company that produces advanced biofuel to offer an alternative for petroleum-based diesel.
Founded 2016Clatskanie, United States$150Klast round Dec 2025Algbio treats wastewater and captures CO2 with microalgae to produce biofuels, bioplastics, biomaterials and generate carbon credits.
Founded 2021Sariyer, Türkiye$120Klast round Nov 2025Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.
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RPHealth startups worldwide12,811 companies · $81B
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RPBiotech startups worldwide7,127 companies · $70B
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BAI startups that raised in 20262,922 companies · $540B in 2026
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PEnergy providers startups worldwide2,808 companies · $152B
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