Dimensional Energy manufactures sustainable aviation fuel (SAF) by converting carbon dioxide and water into hydrocarbons. The company sells to airlines, freight companies and specialty chemical firms and generates revenue via contracted offtake agreements. It has signed offtake deals including up to 5 million gallons per year with Boom Supersonic and a 300 million-gallon agreement with United Airlines. Dimensional plans to use the new capital to build an advanced power-to-liquid fuels plant using emissions from Lafarge’s Richmond Cement Plant in British Columbia in partnership with Svante, and to develop a 200-barrel-per-day commercial power-to-liquid facility in New York. The company also intends to introduce consumer and B2B products, including a fossil-free surf wax and a cruelty-free fat alternative for vegan food companies. Dimensional filed as a Delaware Public Benefit Corporation and works with third parties to verify performance and carbon intensity; it has 41 employees.

Total raised

$20M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2023