The grant funding was awarded to Metafuels Nederland B.V., a subsidiary of Metafuels, under the TSE Industry Studies - Hydrogen & Green Chemistry programme (GroenvermogenNL). The funding supports the Turbe project in the Port of Rotterdam, which is intended as the first commercial deployment of Metafuels' aerobrew methanol-to-jet technology.
About Metafuels
Metafuels is a sustainable aviation fuel startup developing a methanol-to-jet pathway that converts renewable methanol into drop-in jet fuel for existing aircraft, with significantly lower lifecycle emissions than fossil kerosene.
Zurich, Switzerland
Read Company ProfileFrequently Asked Questions
What type of funding round did Metafuels raise?
Metafuels raised a grant round.
How much did Metafuels raise in its grant?
Metafuels raised $1,920,000 EUR in its grant.
Who invested in Metafuels's grant?
The investors in Metafuels's grant are: Netherlands Enterprise Agency.
What type of investment was Metafuels's grant?
Metafuels's grant was a equity investment.
How will Metafuels use the funds from its grant?
Metafuels plans to use the funds for: front-end engineering and design, permitting and consents, commercial development, project development ahead of final investment decision.