# Wastefuel Global

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wastefuel-global

- Industry: Power & Utilities
- Headquarters: Seattle, US
- Website: www.wastefuel.com
- Total disclosed funding: $10M
- Latest round: Series B (Jul 6, 2023)
- Investors on record: 3

## About

Founded in 2020 and based in California, US WasteFuel operates as an energy company that produces renewable fuels such as low-carbon fuels, renewable natural gas, and green methanol from waste. The company was Co-founded by Trevor Neilson (CEO) and Alejandro Estrada. In July 2023, Wastefuel Global LLC raised USD 10 million in series B funding led by new investor BP Ventures, with participation from returning investors i(x) Investments and Maersk Growth. Individual investors also participated in the round. The firm uses various technology and transforms waste into renewable fuels. The solutions offered by the firm include wasteFuel air, wasteFuel land, and wasteFuel sea. WasteFuel air solutions provided by the firm convert municipal waste into aviation-grade low-carbon fuel which will reduce carbon emissions by 80 percent and wasteFuel land solutions develops waste-generated low-carbon fuels starting with renewable natural gas. The company is also generating green methanol for container ships.

## Funding rounds

- Series B, Jul 6, 2023, $10M — BP Ventures, Maersk Growth, i(x) Net Zero

## Investors

- BP Ventures (https://capitalatlas.ai/funds/bp-ventures) — Series B
- Maersk Growth (https://capitalatlas.ai/funds/maersk-growth) — Series B
- i(x) Net Zero — Series B