# Ineratec

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ineratec

- Industry: Renewable Energy
- Headquarters: Karlsruhe, Germany
- Website: www.ineratec.de
- Total disclosed funding: $151M
- Latest round: Series B (Dec 14, 2023)
- Investors on record: 16

## About

Founded in 2016 and based in Karlsruhe, Germany, Ineratec GmbH is a manufacturer specializing in the production of synthetic fuels and chemicals, utilizing innovative technology to convert carbon dioxide and hydrogen into sustainable energy sources. Ineratec GmbH focuses on producing synthetic fuels and chemicals. The company has successfully secured funding through various rounds, including a recent GRANT of EUR 30.000 mn from Breakthrough Energy Ventures, contributing to a total amount raised of EUR 118.000 mn. The founders include Paolo Piermartini, Pfeifer Peter, and Tim Boeltken, with Tim Boeltken serving as the current CEO. Ineratec has completed 6 deals, with the latest deal dated January 29, 2025.INERATEC specializes in the production of synthetic fuels and chemicals through innovative technology that converts carbon dioxide (CO2) and hydrogen into usable energy sources. The company's primary offerings include e-fuels, which provide a climate-neutral alternative for aviation, shipping, and automotive industries, addressing the growing demand for sustainable energy solutions. Since its inception, INERATEC has targeted European markets, particularly countries pursuing green energy initiatives, such as Germany and Switzerland, aiming to facilitate the transition from fossil fuels to renewable alternatives.INERATEC's revenue model is based on direct sales of synthetic fuels and chemicals to businesses in various sectors, including transportation and manufacturing. The company engages in B2B transactions with long-term agreements, ensuring stable supply and pricing for its clients. INERATEC’s e-fuels stand out in the market, providing solutions for companies aiming to comply with environmental regulations while expanding its market share in climate-neutral fuels.In January 2025, Ineratec GmbH raised EUR 40 million in venture debt funding as part of a larger EUR 70 million initiative, which will be utilized to construct a commercial e-fuel production plant in Frankfurt and further enhance its technology for sustainable aviation fuels. The company plans to continue expanding its operations into new markets, particularly targeting regions actively investing in green energy solutions, aligning with its goals of advancing sustainable fuel production.

## Funding rounds

- Series B, Dec 14, 2023, $129M — Rock Creek Group, Emerald Technology Ventures, MPC Capital, Samsung Venture Investment, High-Tech Gruenderfonds, Honda Motor Co., Ltd, ENGIE New Ventures, Safran Corporate Ventures, HG Ventures, TDK Ventures, FO Holding, Piva, WIND Ventures, Planet A Ventures
- Series A, Jan 20, 2022, $22M — High-Tech Gruenderfonds, ENGIE New Ventures, Safran Corporate Ventures, FO Holding, Planet A Ventures, Extantia, Siemssen GmbH & Co. KG

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Series A, Series B
- ENGIE New Ventures (https://capitalatlas.ai/funds/engie-new-ventures) — Series A, Series B
- Safran Corporate Ventures (https://capitalatlas.ai/funds/safran-corporate-ventures) — Series A, Series B
- FO Holding — Series A, Series B
- Planet A Ventures (https://capitalatlas.ai/funds/planet-a-ventures) — Series A, Series B
- Extantia (https://capitalatlas.ai/funds/extantia) — Series A
- Siemssen GmbH & Co. KG — Series A
- Rock Creek Group (https://capitalatlas.ai/funds/rock-creek-group) — Series B
- Emerald Technology Ventures (https://capitalatlas.ai/funds/emerald-technology-ventures) — Series B
- MPC Capital — Series B
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series B
- Honda Motor Co., Ltd — Series B
- HG Ventures (https://capitalatlas.ai/funds/hg-ventures) — Series B
- TDK Ventures (https://capitalatlas.ai/funds/tdk-ventures) — Series B
- Piva (https://capitalatlas.ai/funds/piva) — Series B
- WIND Ventures (https://capitalatlas.ai/funds/wind-ventures) — Series B