CleanJoule, founded in 2009, positions itself as "The full performance sustainable aviation fuel company." Headquartered in the United States, it operates within the Manufacturing, Clean Energy, and Oil and Gas industries.
With a mission to dissociate aviation from the petroleum industry, CleanJoule is dedicated to producing full performance, drop-in Sustainable Aviation Fuel (SAF). This focus taps into the increasing demand for eco-friendly alternatives in aviation.
The company recently secured a substantial $50.00M Private Equity Round on 31 May 2023, substantiating investor confidence. The investment round saw participation from notable investors, including Cleanhill Partners, Indigo Partners, GenZero, Wizz Air, Volaris, and Frontier Airlines.
As CleanJoule continues to innovate within the realm of sustainable aviation, its strategic partnerships and solid financial backing highlight its potential to make aviation fuel both sustainable and independent of traditional petroleum sources.