# Clean Air Power

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clean-air-power

- Industry: Power & Utilities
- Headquarters: San Diego, US
- Website: www.cleanairpower.com
- Total disclosed funding: $6.4M
- Latest round: Series C (Jul 15, 2004)
- Investors on record: 6

## About

Clean Air Power focuses on innovative carbon-free fuel injection technologies for low carbon powertrains, facilitating the use of alternative fuels across various sectors.Clean Air Power, founded in 1991 and headquartered in San Diego, US, specializes in carbon-free fuel injection technology. The company was acquired by Vayon Group in September 2015. Dan Skelton currently serves as CEO. Clean Air Power has completed 7 deals, with the most recent deal occurring on September 8, 2015. The company has raised a total of GBP 1.000 mn, with the latest funding round being GBP 1.000 mn from Parkwalk Advisors.Clean Air Power specializes in innovative carbon-free fuel injection technology designed for low carbon powertrains. Their core product offerings include the proprietary SSFB™ technology, which provides precise valve solutions for fluid delivery at injection pressures up to 100 bar, facilitating the use of various carbon-free fuels such as hydrogen and biomethane. This technology targets sectors considered 'hard-to-electrify,' such as marine, construction, agriculture, and industrial environments, serving a diverse client base including engine manufacturers, retrofit suppliers, and zero-emission powertrain companies. Notable projects include the conversion of Freightliner Class 66 locomotives and collaborations with major logistics companies like DHL, with operations in both the UK and US.Clean Air Power generates revenue through partnerships and direct sales of their advanced fuel injection solutions to businesses in the transportation and industrial sectors. Transactions generally involve B2B agreements where engine manufacturers and retrofit suppliers integrate Clean Air Power's technology into their products. The company may engage in contract partnerships for higher volume manufacturing, allowing scalable operations based on demand. Revenue models are supported by both one-time sales and ongoing service agreements with clients, ensuring continuous revenue streams.Clean Air Power aims to expand its product lineup with new carbon-free fuel technologies and is targeting new geographical markets for growth. The company will utilize the recent funding of GBP 1.000 mn to support these initiatives, focusing on developing technologies that cater to hard-to-electrify sectors and expanding its reach in existing markets. With the acquisition by Vayon Group, Clean Air Power is strategically positioned to leverage their resources and expertise for future innovations.

## Funding rounds

- Series C, Jul 15, 2004, $6.4M — Endeavor Capital Management, EnerTech Capital, RBC Capital Markets, CIBC Capital Partners, Nth Power, Angeleno Group

## Investors

- Endeavor Capital Management (https://capitalatlas.ai/funds/endeavor-capital-management) — Series C
- EnerTech Capital (https://capitalatlas.ai/funds/enertech-capital) — Series C
- RBC Capital Markets (https://capitalatlas.ai/funds/rbc-capital-markets) — Series C
- CIBC Capital Partners — Series C
- Nth Power (https://capitalatlas.ai/funds/nth-power) — Series C
- Angeleno Group (https://capitalatlas.ai/funds/angeleno-group) — Series C