# PuriFire Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/purifire-energy

- Industry: Environmental Services
- Headquarters: Cambridge, UK
- Website: www.purifire.com/
- Total disclosed funding: $3.4M
- Latest round: Seed (Aug 15, 2024)
- Investors on record: 2

## About

PuriFire Energy, based in the UK, specializes in the transformation of wastewater into sustainable energy, producing green hydrogen and bio-methanol to support decarbonization efforts in various industries.PuriFire Energy focuses on innovative energy solutions through the conversion of wastewater into green hydrogen and bio-methanol. Founded in 2020 in Cambridge, UK, by Matt Pearce, Neel Shah, and Ray Middleton, the company has successfully completed one deal as of August 2024, securing GBP 2.65 million in SEED funding led by Hico Ventures and supported by Bulnes Capital and R&R Investments. Neel Shah serves as the CEO.PuriFire Energy's core product offerings include the production of green hydrogen and bio-methanol using a proprietary hydrothermal treatment process. This method transforms wastewater into sustainable energy sources, while also capturing carbon dioxide for conversion into biomethanol via catalytic synthesis. The company targets clients in the energy, shipping, and chemical manufacturing sectors, particularly in North America, Europe, and Asia, where demand for sustainable energy solutions is growing.PuriFire Energy generates revenue through B2B sales of its green hydrogen and bio-methanol products, engaging with industrial clients for tailored energy solutions. These agreements may involve long-term contracts ensuring a reliable supply, thus creating predictable revenue streams. Pricing is determined by market demand and production costs, with terms addressing volume and delivery specifics.In August 2024, PuriFire Energy raised GBP 2.65 million in seed funding, which will be allocated to developing methods for producing green methanol from liquid digestate and other wet feedstocks. The company plans to expand into new markets, focusing on regions where sustainable energy demand is high. Through these strategic initiatives, PuriFire aims to enhance its position in the green energy sector.

## Funding rounds

- Seed, Aug 15, 2024, $3.4M — Hico Ventures, Bulnes Capital

## Investors

- Hico Ventures (https://capitalatlas.ai/funds/hico-ventures) — Seed
- Bulnes Capital — Seed