Total raised
$2.4M
Last: Undisclosed 2024-01
Stage
Seed
Founded
2023
Headcount
4
HQ
—
Sector
Automotive & Mobility Technologies
About
NGV develops a catalytic process that converts carbon-rich waste streams such as carbon dioxide, municipal solid waste, and biomass into sustainable aviation fuel (SAF) and other renewable hydrocarbons. The process integrates direct gas-phase conversion and eliminates the need for intermediate upgrading steps, enabling simpler and more cost-efficient production.
Funding history · 1 round · $2.4M total
2024-01
Undisclosed
$2.4M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is NGV's core technology?
- NGV develops a catalytic process that converts carbon-rich waste streams, including carbon dioxide, municipal solid waste, and biomass, into sustainable aviation fuel (SAF) and other renewable hydrocarbons. This process integrates direct gas-phase conversion, eliminating intermediate upgrading steps.
- When was NGV founded?
- NGV was founded in October 2023.
- How much funding has NGV raised and from whom?
- NGV has raised a total of $2,400,000 in an Undisclosed round in January 2024. The lead investor was Ralco Energy. For full financing history, refer to startupim.
- What is NGV's primary focus in terms of product output?
- NGV's primary focus is the production of sustainable aviation fuel (SAF) and other renewable hydrocarbons.
- What is the environmental benefit of NGV's technology?
- NGV's technology aims to achieve over a 90% reduction in CO₂ emissions across its life cycle by converting waste into fuel, eliminating costly operational units, and achieving high energy and carbon efficiency.
- How many employees does NGV currently have?
- NGV currently has 4 employees.
- Who are the founders of NGV?
- The founders of NGV are Arie Sussely, Tomy Hos, and Prof. Moti Herskowitz.
- What is NGV's current funding stage?
- NGV is currently in the Seed funding stage.
Sectors & technology
Primary sector
Automotive & Mobility Technologies
Sub-sectors
Energy TechEnergy Production & SourcesClimate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsAutomotive & Mobility TechnologiesElectric Mobility & Alternative Fuels
Technologies
Materials & Substances
Target customers
Transportation & LogisticsLogisticsAviation
Business model
B2B
Highlights
Climate Tech1 PatentsVerified
Tags
energymobility-optimizationaviationenergytechclimate-tech