Albuquerque, United States
xF Technologies Inc., based in Albuquerque, NM, has positioned itself at the forefront of the clean energy sector with its patented technology for producing cost-effective advanced biofuels. Founded in 2007, the company aims to revolutionize the Energy and Clean Energy industries by enabling seamless integration of its products into existing fossil fuel infrastructures.
The company’s standout offering, the 408 family of products, consists of furoate esters that are energy-dense and non-toxic. These products not only comply with the EPA’s Renewable Fuel Standard (RFS-2) but are also eligible for RIN generation, broadening their commercial viability. Their innovation lies in converting biomass into a versatile chemical intermediate, thereby potentially expanding the use of ethanol beyond its current limitations.
Their last known investment occurred on February 14, 2019, with a $1.00M venture round. This funding underscores investor confidence in xF Technologies’ potential to disrupt traditional Oil and Gas sectors while addressing environmental needs.
