What is HIF Global?
HIF Global is at the forefront of producing sustainable fuels, aiming to combat climate change by generating e-Fuels using renewable energy, green hydrogen, and captured CO₂. The company's mission, encapsulated in its name 'Highly Innovative Fuels,' is to enable immediate decarbonization. HIF Global envisions becoming the world's largest e-Fuels producer, targeting the generation of 150,000 barrels per day by 2035, which would capture over 25 million tons of CO₂ and power approximately 5 million vehicles. Its operational subsidiaries include HIF Latam, HIF USA, HIF Asia Pacific, and HIF EMEA, with HIF Chile already operational in its Haru Oni plant.
How much funding has HIF Global raised?
HIF Global has raised a total of $296M across 2 funding rounds:
Other Financing Round
$260M
Private Equity
$36M
Other Financing Round (2022): $260M with participation from Gemstone Investment, Porsche, EIG, Baker Hughes, and AME
Private Equity (2024): $36M led by The Japan Oil, Gas and Metals National
Key Investors in HIF Global
The Japan Oil, Gas and Metals National
The Japan Oil, Gas and Metals National Corporation (JOGMEC) is a governmental organization focused on securing stable supplies of oil, natural gas, and mineral resources, and implementing pollution control measures.
Gemstone Investment
Gemstone Investment Company Limited is a diversified financial services firm that offers wealth management and strategic investment portfolio services to high-net-worth individuals and corporations.
Porsche
Porsche is a renowned manufacturer of luxury vehicles, known for its high-performance sports cars and SUVs, with a global sales network.
What's next for HIF Global?
The recent major strategic investment signals a significant scaling phase for HIF Global, likely enabling the expansion of its production capabilities and the acceleration of its ambitious global targets. This influx of capital is expected to bolster its efforts in developing new projects across various regions and solidifying its position as a key player in the transition to sustainable energy. The company's focus on capturing CO₂ and powering a large number of vehicles highlights its commitment to tangible environmental impact.
See full HIF Global company page
