# Jet Zero

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jet-zero

- Industry: Renewable Energy
- Headquarters: Sydney, Australia
- Website: www.jetzero.com.au
- Total disclosed funding: $22M
- Latest round: Series C (Sep 7, 2026)
- Investors on record: 3

## About

Based in Sydney, Australia, founded in 2021, Jet Zero Australia operates as a producer of sustainable aviation fuel. The company was founded by Ed Mason (CEO as of 2026). In September 2026, Jet Zero Australia Pty Ltd raised AUD 30 million in Series C funding from Posco International, Airbus and Qantas Ventures. 

The company's technology transafers LanzaJet Alcohol to Jet Fuel, taking surplus ethanol production from agricultural by-products on the east coast of Australia and converting it to Sustainable Aviation Fuel (SAF) via a plant to be built in Townsville, Queensland. There are two projects under Jet Zero Australia, Project Ulysses, a $600 million Sustainable Aviation Fuel (SAF) and Renewable Diesel (RD) project in North Queensland’s Townsville State Development Area. This first of a kind project will convert bioethanol from domestic agricultural by-products into sustainable fuels. And Project Mandala, which Jet Zero partnered with Aperion Bioenergy to develop low carbon intensity feedstocks in Australia to help meet the demand for renewable fuels. This Joint Venture focuses on sourcing of waste oils and production of non-edible crops for Hydrotreated Esters and Fatty Acids (HEFA) for Sustainable Aviation Fuel (SAF) production.

The company plans to use the September 2026 funding to complete Front-End Engineering Design and support the project's progression toward final investment decision and construction.

## Funding rounds

- Series C, Sep 7, 2026, $22M — Airbus, Qantas Ventures, Posco International

## Investors

- Airbus — Series C
- Qantas Ventures (https://capitalatlas.ai/funds/qantas-ventures) — Series C
- Posco International — Series C
