XFuel announces $20 million Series A funding to accelerate commercial-scale low-carbon fuel production

XFuel, a low-carbon drop-in fuel technology company, today announced the successful completion of its Series A funding round earlier last year, raising $20 million in equity, including a recently closed extension. The round brings on board new investors Wagner Carbon, Audacy, Future Planet Capital, Light Ray Ventures, Overlap Holdings, as well as two major strategic …

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