Clearflame Engine Technologies Secures $17 Million To Decarbonize Long-Haul Trucking And Other Diesel-Driven Industries
Clearflame Engine Technologies Secures $17 Million To Decarbonize Long-Haul Trucking And Other Diesel-Driven Industries
10/28/21, 7:00 AM
Location
genevaMoney raised
$17 million
ClearFlame Engine Technologies, a startup dedicated to the development of net-zero engine technology, announced today that it has secured $17 million in Series A financing, which will enable commercialization of the company's innovative engine technology for the long-haul trucking, agriculture and power generation sectors. The financing was led by Breakthrough Energy Ventures with participation from Mercuria, John Deere and Clean Energy Ventures.
Company Info
Location
geneva, alabama, united states
Additional Info
At ClearFlame Engine Technologies, we're breaking the bond between the diesel engine and diesel fuel, accelerating the path to true emissions reduction for the heavy-duty and off-highway markets. Our technology meets global sustainability goals using decarbonized liquid fuels available throughout the world. Our technology lowers costs by negating the need for complex aftertreatment technologies without compromising the practicality or performance of traditional diesel engines. For more information, visit www.clearflame.com, and follow us on LinkedIn and Twitter (@ClearFlameEng).
SOURCE ClearFlame Engine Technologies