INERATEC develops modular chemical plants for Power-to-X and gas-to-liquid applications that convert renewable hydrogen and CO2 into drop-in e-fuels (e-kerosene, CO2-neutral gasoline, clean diesel) and synthetic chemicals (waxes, methanol, SNG). Founded in 2016, the company focuses on decarbonizing hard-to-abate industries such as aviation, shipping, road transport, and chemicals. It has raised over $129 million in a Series B to scale up production and begin mass manufacturing of industrial-scale Power-to-X units. INERATEC is already building its largest factory to date in Frankfurt and is expanding via projects in the Netherlands and Chile. Management says the planned expansion will increase production roughly 1,500-fold and could recycle more than 12,000,000 metric tons of CO2 annually. The financing is intended to accelerate mass production and global deployment of its modular plants to meet rising demand for drop-in e-fuels.

Total raised

$129M

Funding rounds

1

Latest round

Series B

Latest activity

Feb 2024