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Aether Fuels | Chicago Facility

USA
Greenfield

Overview

Status
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Greenfield
Region
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North America
Geography
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USA
State
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Illinois
Equity Owner
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Aether Fuels
Proponent
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Aether Fuels
Output
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Biofuels
Sustainable aviation fuel
Type of electricty
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Capacity
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Financing
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Technology
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Technical Advisors
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Advisors
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Project Contact
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Aether CEO Conor Madigan
Lawyers
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Project Cost
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Offtaker
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Commercial Operations Date
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Decommission Date
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FID
-

Description

The expansion of Aether Fuel’s demo facility in Chicago.

Aether Fuels makes fuels using waste carbon streams, such as captured CO2, industrial waste gases, municipal solid waste, agricultural residues, and waste biomass.

In December 2023, Aether Fuels announced it raised $8.5m in pre-Series A financing via convertible notes from a global syndicate including JetBlue Ventures, TechEnergy Ventures, Doral Energy Tech Ventures, Foothill Ventures, and Xora Innovation.

Part of the financing will be used to expand the demo facility in Chicago.



Sustainable fuels firm raises pre-Series A

Aether Fuels, a climate technology company, has raised $8.5m in pre-Series A financing via convertible notes. The global syndicate includes JetBlue Ventures, the corporate venture capital (CVC) division of JetBlue,...

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