SAF startup OXCCU raises US$28mn to convert waste carbon into jet fuel
"Serious players with truly distinctive technologies are still getting funded.”
Sustainable aviation fuel startup OXCCU has raised £20.75 million (US$28 million) in an oversubscribed Series B funding round to accelerate the development of its carbon-to-SAF technology.
The company, an Oxford University spin-out developing a one-step process to convert waste carbon into SAF, received backing from International Airlines Group, Safran Corporate Ventures, Orlen VC, Hostplus and TCVC, alongside re-investment from series A participants Clean Energy Ventures, IP Group/Kiko Ventures, Aramco Ventures, Eni Next, Braavos Capital, and the University of Oxford.
