Oxford University spinout closes oversubscribed £20.75m round

OXCCU Raises $28m in Series B Funding to Scale Sustainable Aviation Fuel from Waste Carbon

OXCCU, the Oxford University spin-out developing a one-step process to convert waste carbon into SAF, has raised £20.75 million ($28 million) in an oversubscribed Series B funding round. The round includes new investors Orlen VC, Safran Corporate Ventures, IAGi Ventures (the dedicated corporate venturing arm of the International Airlines Group (IAG), Hostplus, and TCVC, alongside continued support from existing backers Clean Energy Ventures, IP …

OXCCU Raises $28M in Series B Funding to Scale Sustainable Aviation Fuel

OXCCU, the Oxford University spin-out, raises $28 million in Series B funding to accelerate its commercialization efforts and advance its technology scale-up for sustainable aviation fuel.

Sustainable aviation fuel group OXCCU secures £20m Series B

OXCCU, a University of Oxford spinout developing sustainable aviation fuel (SAF), has secured £20.75m for its Series B funding round. Considered by many in aviation to be the key to ensuring the industry can continue, SAF is a term describing a variety of fuels for aircrafts developed sustainably. While reliable large-scale SAF development has been a challenge due to high costs and regulatory challenges, there is considerable hope for the techno…

H2-View News: Oxccu raises $28m to scale hydrogen-based SAF technology

The company said its Series B round was oversubscribed, with investor demand exceeding the shares available. New backers included Orlen VC, Safran Corporate Ventures, International Airlines Group (IAG), Hostplus, and TCVC. They joined existing investors Clean Energy Ventures, IP Group/Kiko Ventures, Aramco Ventures, Eni Next, Braavos Capital, and the University of Oxford in the funding round. “The new capital will enable Oxccu to accelerate its …

OXCCU raises US$28 million to scale SAF from waste carbon

OXCCU, the Oxford University spin-out developing a one-step process to convert waste carbon into SAF, has raised £20.75 million ($28 million) in a Series B funding round.

OXCCU Raises $28 Million to Turn Waste Carbon into Low-Cost Sustainable Aviation Fuel

UK-based climate tech startup OXCCU announced today that it has raised £20.75 million (USD$28 million) in a new Series B funding round, with proceeds from the financing aimed at supporting the scaling and commercialization of its technology to convert waste CO2 and green hydrogen directly into affordable sustainable jet fuel. Fuel accounts for the vast […]