Aether Fuels has raised $8.5 million in pre-Series A financing to develop sustainable fuels for aviation and ocean shipping. Investors include JetBlue Ventures, TechEnergy Ventures, Doral Energy Tech Ventures, Foothill Ventures, and Xora Innovation.
The funding will accelerate their technology development, expand their Chicago demo facility, and grow their global team.
Aether’s innovative process creates fuel from waste carbon streams (like captured CO2, agricultural waste, or municipal solid waste), aiming to achieve net-zero emissions in major industries. Their goal is scalable and economically viable sustainable fuel solutions.