Velocys Secures $40 Million for Sustainable Aviation Fuel Technology

Velocys, an England-based developer of sustainable aviation fuel (SAF) technology, has secured $40 million in growth capital from a consortium of investors including Carbon Direct Capital, Lightrock, GenZero, and Kibo Investments

The funding will enable Velocys to accelerate the delivery of its pioneering technology, scale production, and contribute to decarbonizing the aviation industry

Velocys' patented catalyst and micro-channel reactor platform offers a flexible and scalable solution for SAF production, utilizing diverse feedstocks like municipal solid waste and green hydrogen.