What is Velocys?
Velocys operates as a premier licensor of Fischer-Tropsch technology, a critical component in the production of sustainable aviation fuel (SAF), renewable diesel, and eFuels. By converting diverse waste feedstocks into high-value hydrocarbons, the company addresses the urgent need for low-carbon alternatives in hard-to-abate industries. Their market position is defined by a commitment to technical innovation and strategic partnerships, enabling the commercialization of sustainable fuel projects that reduce the overall cost of production. As a key player in the green energy transition, Velocys provides the essential infrastructure required to meet global net-zero targets through scalable, proven chemical engineering solutions.
How much funding has Velocys raised?
Velocys has raised a total of $73.4M across 3 funding rounds:
Debt
$350K
Share Placement
$33.3M
Other Financing Round
$39.8M
Debt (2020): $350K with participation from PPP
Share Placement (2021): $33.3M, investors not publicly disclosed
Other Financing Round (2024): $39.8M supported by Lightrock, Carbon Direct, and GenZero
Key Investors in Velocys
Lightrock
Lightrock is a global sustainable investment platform managing over $5.5 billion in assets, focusing on purpose-driven businesses that address significant global challenges.
Carbon Direct
Carbon Direct provides science-backed carbon management solutions, offering advisory and bespoke carbon removal services to support emission reduction efforts.
GenZero
GenZero is an investment platform company dedicated to accelerating decarbonisation for future generations towards a net zero world.
What's next for Velocys?
With the recent capital infusion, Velocys is set to transition into a phase of rapid operational scaling and project execution. The company's strategic roadmap focuses on deepening its international collaborations to expand the footprint of its FT technology. By prioritizing efficiency in fuel production and optimizing the conversion of waste materials, Velocys aims to solidify its leadership in the sustainable fuels market. Future growth will likely be driven by the integration of advanced carbon management strategies and the continued development of high-value hydrocarbon outputs, ensuring the firm remains at the forefront of the global energy transition.
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