XFuel secures funding to speed up roll-out of low carbon fuel technology

XFuel has secured €8.2 million funding for laying the foundation for the commercialization of its next-generation synthetic diesel, marine and jet fuel technology.

The fuels developed by the company comply with marine and road fossil fuel specifications, and can therefore be used in existing infrastructure and engines, either blended with conventional fuels or as a replacement.

XFuel’s patented technology efficiently converts biomass waste into low-cost, drop-in fuel that can be used in road, marine, and aviation applications.

It uses feedstock from sustainable waste sources in manufacturing, construction, forestry, and agriculture.

Using modular and scalable biorefineries, XFuel can produce high-grade fuels at a comparable or lower price point to fossil-based fuels on the market.