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XFuel

Founded 2022 · 30 employees on LinkedIn · 11 known investors

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X Fuel develops alternative transport fuels using patented technologies that compete with fossil fuels on environmental and economic metrics. The company focuses on decarbonizing the transportation industry through sustainable, low-carbon fuel production.

Circular EconomyCleantechEnergyMobility & Transportation

Founders & leadership

XFuel was founded in 2022 by Nicholas Ball, Ph.D..

NBNicholas Ball, Ph.D.
Nicholas Ball, Ph.D.CEO & Founder

Investors · 11

Future Planet Capitallisted by Future Planet CapitalLondon

How we know: Future Planet Capital's portfolio page · a partner's Signal profile · funding news · biofuels-news.com · open dataset · 5k.vc investor directory · Not right? Tell us

Light Raylisted by Light RayNew York

How we know: Light Ray's portfolio page · biofuels-news.com · Not right? Tell us

Overlap Holdingslisted by Overlap HoldingsHicksville

How we know: Overlap Holdings's portfolio page · biofuels-news.com · Not right? Tell us

SOSVlisted by SOSVNew York · $30K – $550K

How we know: peopletechmaritime.com · open dataset · 5k.vc investor directory · sosv.com · Not right? Tell us

Union Square Ventures (USV)listed by Union Square Ventures (USV)New York · $1M – $8M

How we know: Union Square Ventures (USV)'s portfolio page · a partner's Signal profile · peopletechmaritime.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Yes VClisted by Yes VCSan Francisco · $30K – $1.5M

How we know: a partner's Signal profile · the VCSheet dataset · Not right? Tell us

NYK LinereportedTokyo

How we know: biofuels-news.com · Not right? Tell us

Also in the syndicate · 3

AudacyStolt VenturesWagner Carbon

Funding

SEC filings, press & company announcements

$20M disclosed across 1 of 2 rounds · 2026

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 3

X-energyX-energy develops advanced nuclear energy technology, including small modular high-temperature gas reactors and TRISO fuel. Its reactors are designed to supply electricity and high-temperature steam for utilities and energy-intensive heavy industry.
Universal Fuel TechnologiesUniversal Fuel Technologies (UniFuel) is a chemical technology company whose Flexiforming process, patented across 12 countries, lets fuel and energy producers convert existing refining facilities to produce renewable fuels. It serves refiners and the aviation/energy sector transitioning from fossil to renewable fuels.
OptiFuel Systems ACTIVEOptiFuel Systems develops fuel efficiency technology for transportation, partnering with manufacturers of rail, transit, and commercial vehicle systems.

Companies working in the same space as XFuel.

Frequently asked questions

What does XFuel do?
X Fuel develops alternative transport fuels using patented technologies that compete with fossil fuels on environmental and economic metrics. The company focuses on decarbonizing the transportation industry through sustainable, low-carbon fuel production.
Who founded XFuel?
XFuel was founded by Nicholas Ball, Ph.D. in 2022.
Who are XFuel's investors?
XFuel's investors include AENU, Future Planet Capital, Light Ray, Overlap Holdings, SOSV, Union Square Ventures (USV), Yes VC, NYK Line.
How much funding has XFuel raised?
XFuel has disclosed $20M raised across 1 of its 2 known rounds.