Carbon Neutral Fuels
- Company typePrivate
- Founded2022
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
Carbon Neutral Fuels firmographics
Firmographics- Name
- Carbon Neutral Fuels
- Legal name
- Carbon Neutral Fuels Ltd.
- Website
- https://cnf.energy
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Carbon Neutral Fuels industry classification
Industry- Product category
- Sustainable Aviation Fuel
- NAICS
- Petroleum Refineries (32411), Petrochemical Manufacturing (32511)
- akta.pro primary industry
- E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane) (EUABAIAA)
- akta.pro secondary industries
- Sustainable Aviation Fuel (SAF) & Alternative Fuels (e-fuels, biofuels, hydrogen) (THABANAA), Sustainable Aviation Fuel (SAF) Production (HEFA, FT, ATJ) (EUAAAHAE), CO₂‑Derived Synthetic Fuels for Aviation & Marine (SAF e‑fuels, e‑ammonia/e‑methanol bunkering pathways) (EUABAIAH), E-fuels Storage & Blending (E-diesel, E-kerosene/SAF, E-gasoline) (EUAFAFAC)
Keywords
Where Carbon Neutral Fuels is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Carbon Neutral Fuels business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Technology or R&D, Operations, Supply Chain, Personnel
Revenue model
- Sustainable Aviation Fuel (SAF) Sales: Revenue generated from producing and selling Sustainable Aviation Fuel to airlines and aviation fuel distributors, supporting compliance with ReFuelEU Aviation Regulation and UK SAF mandate requirements
- Equity Crowdfunding: Capital raised through equity crowdfunding campaigns on Crowdcube platform, offering retail investors equity stakes in the company's eSAF projects
- Marine Fuel Sales (Pyrolysis Oil): Revenue from converting plastic waste to pyrolysis oil for marine fuel use, deployed through Caribbean port-based infrastructure serving cruise sector
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Carbon Neutral Fuels product offering
Product offeringCore offering
Carbon Neutral Fuels produces and plans to sell Sustainable Aviation Fuel (SAF) manufactured via Power-to-Liquid (PtL) and Methanol-to-Jet pathways from air, water, and renewable electricity. Its flagship Project Starling is a 25,000 tonnes/annum eSAF facility under development in Workington, UK (production targeted 2031), supplemented by the ASAP-MTJ methanol-to-jet facility at 100-200 ktpa. The company is also developing port-based plastic pyrolysis infrastructure for marine fuel in the Caribbean.
Product overview
Carbon Neutral Fuels operates as an e-fuels and sustainable aviation fuel (SAF) production company with two main product pathways. Project Starling is the company's flagship Power-to-Liquid (PtL) facility using SOEC electrolyzer technology combined with Fischer-Tropsch synthesis to produce eSAF at 25,000 tonnes annually, with production targeted for 2031. ASAP-MTJ represents the company's second major product pathway, a larger-scale Methanol-to-Jet facility designed to convert e-methanol and biomethanol into SAF at 100-200 ktpa capacity. Both products are complementary pathways toward scalable SAF production using different conversion technologies (PtL vs methanol-to-jet) to address the same market need.
Differentiator
Problem solved
Functional benefit
Products and services
- Project Starling eSAF First of a Kind Power-to-Liquid E-Fuel facility in Workington, UK, producing 25,000 tonnes of Sustainable Aviation Fuel (eSAF) annually using SOEC electrolyzer technology combined with Fischer-Tropsch synthesis and upgrading. Aimed at commercial airlines and aviation fuel distributors seeking to comply with the UK SAF mandate and ReFuelEU Aviation Regulation.
- ASAP-MTJ (Methanol-to-Jet SAF) Second-generation Methanol-to-Jet facility designed to convert e-methanol and biomethanol into Sustainable Aviation Fuel at 100-200 ktpa capacity, complementary to Project Starling. Aimed at commercial airlines and aviation fuel distributors.
- Pyrolysis-derived Marine Fuel (Caribbean) Plastic-to-fuel pyrolysis infrastructure deployed via the EcoCreation partnership in Caribbean port facilities to convert plastic waste into marine fuel for cruise operators and maritime customers.
Quantifiable outcome
- 25,000 tonnes of SAF produced annually at Project Starling facility
- +2 more outcomes
Companies that use Carbon Neutral Fuels
Customer profileSegments3 records
Ideal customer profiles2 records
Carbon Neutral Fuels technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Carbon Neutral Fuels partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, major and minor.
- Johnson MattheycoreStrategic technology licensing partnership for Fischer-Tropsch CANS technology at Project Starling e-fuels facility. Johnson Matthey provides core synthesis gas conversion technology for producing liquid hydrocarbons from renewable sources.
- bpcoreTechnology partnership for FT CANS (Fischer-Tropsch from bp and Johnson Matthey) at Project Starling. bp provides Fischer-Tropsch technology expertise for e-fuel production.
- Honeywell UOPcoreLicensing of Fischer-Tropsch Unicracking technology for Project Starling facility to upgrade Fischer-Tropsch products into jet fuel meeting aviation specifications.
- TopsoecoreStrategic partnership for SOEC (Solid Oxide Electrolysis Cell) electrolyzer technology to advance e-SAF production. Topsoe provides high-efficiency green hydrogen production technology through solid oxide electrolysis.
- The Carbon RemoverscoreUK infrastructure partnership for sustainable aviation fuel development. Collaboration to build UK infrastructure for SAF production and distribution.
- EcoCreation LTDmajorJoint exploration of port-based plastic-to-fuel infrastructure for Caribbean cruise sector. Partnership aims to deploy up to 120 pyrolysis facilities processing 300,000 metric tons of plastic annually, starting with Puerto Rico.
- Shell Startup EngineminorPartner ecosystem connection through Shell's startup acceleration program for technology and innovation collaboration.
- io consultingcoreEngineering consulting partnership for project development and delivery. io consulting worked with CNF to complete AFF3 engineering milestone and won IChemE Highly Commended award together.
- CrowdcubecoreEquity crowdfunding platform partnership for retail investor engagement. Crowdcube enables direct investment in Carbon Neutral Fuels' eSAF projects, returning for multiple funding campaigns.
- TrailfindersminorTravel company partnership for marketing and customer engagement in the aviation/sustainable travel space.
- Mission ZerominorClean energy mission-focused partnership supporting sustainable aviation fuel development and deployment.
- Sustainable.aerominorAviation sustainability focused partnership for industry collaboration and market development.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Carbon Neutral Fuels competitors and assessment
Company assessmentDirect peers
- HIF Global: Developer of commercial-scale e-fuels (eSAF, e-gasoline, e-diesel) using Power-to-Liquid and CO₂ capture. Closest direct competitor to CNF, pursuing first-of-a-kind plants in Chile, the US, and Europe with similar technology provider partnerships.
- Norsk e-Fuel: Norwegian eSAF producer building a PtL facility using SOEC electrolyzers and Fischer-Tropsch synthesis. Direct competitor to CNF's Project Starling in the European eSAF market, with similar first-of-a-kind execution profile.
- Infinium: US-based e-fuels company producing eSAF and other synthetic fuels from captured CO₂ and green hydrogen. Competes with CNF for eSAF offtake agreements and similar Power-to-Liquid project pipeline.
- Atmosfair: German non-profit producing small-scale eSAF for airlines via PtL. Overlaps with CNF in the European compliance-driven eSAF market and similar technological approach.
- Prometheus Fuels: US-based e-fuels startup developing direct air capture-to-jet pathways. Competes with CNF in the drop-in synthetic aviation fuel category targeting airline decarbonization.
- LanzaJet: SAF producer using alcohol-to-jet (ATJ) pathway at commercial scale. While feedstock-different, LanzaJet is a direct competitor for airline SAF offtake contracts in the same regulatory-driven market CNF targets.
- Velocys: Fischer-Tropsch SAF technology provider and project developer. Direct competitor using overlapping FT technology pathway; also a potential technology partner or licensor overlap with CNF's stack.
Emerging players
- Sunfire: German SOEC electrolyzer and Power-to-Liquids technology developer. Comparable to CNF through its high-temperature electrolyzer technology and PtL eSAF partnerships with major industrial players.
Broad incumbents
- Aemetis: Established renewable fuels producer (biodiesel, SAF) with operating assets. While not a direct eSAF competitor, it competes for the same airline SAF procurement dollars and demonstrates the scale and execution requirements of commercial SAF production.
Others
- Topsoe: CNF's core SOEC electrolyzer technology partner. Listed because Topsoe's technology platform also enables competing eSAF project developers, making it a critical adjacency for both enablement and competitive risk.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Carbon Neutral Fuels social profiles
Digital presenceCarbon Neutral Fuels financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carbon Neutral Fuels leadership team
Management profileNumber of profiles
Carbon Neutral Fuels funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carbon Neutral Fuels M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Carbon Neutral Fuels
What does Carbon Neutral Fuels do?
Carbon Neutral Fuels produces and plans to sell Sustainable Aviation Fuel (SAF) manufactured via Power-to-Liquid (PtL) and Methanol-to-Jet pathways from air, water, and renewable electricity. Its flagship Project Starling is a 25,000 tonnes/annum eSAF facility under development in Workington, UK (production targeted 2031), supplemented by the ASAP-MTJ methanol-to-jet facility at 100-200 ktpa. The company is also developing port-based plastic pyrolysis infrastructure for marine fuel in the Caribbean.
Is Carbon Neutral Fuels a public or private company?
Carbon Neutral Fuels is a private company. It is classified as venture growth investor backed and is currently operating.
When was Carbon Neutral Fuels founded?
Carbon Neutral Fuels was founded in 2022. It employs 1 to 10 people.
Where is Carbon Neutral Fuels based?
Carbon Neutral Fuels is headquartered in London, United Kingdom, in the Europe region.
How does Carbon Neutral Fuels make money?
Three revenue lines are on record. Sustainable Aviation Fuel (SAF) Sales are the primary driver. The others are equity Crowdfunding and marine Fuel Sales (Pyrolysis Oil).
Who are Carbon Neutral Fuels's main competitors?
Direct peers on record are HIF Global, Norsk e-Fuel, Infinium, Atmosfair, Prometheus Fuels, LanzaJet and Velocys. Sunfire is listed as an emerging player. Aemetis is listed as a broad incumbent. Topsoe is listed as an others.
Does Carbon Neutral Fuels have an API?
No public API is recorded for Carbon Neutral Fuels.
What industry is Carbon Neutral Fuels in?
Carbon Neutral Fuels's product category is Sustainable Aviation Fuel. Its primary akta.pro industry code is EUABAIAA, E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane), with a secondary code of THABANAA, Sustainable Aviation Fuel (SAF) & Alternative Fuels (e-fuels, biofuels, hydrogen). Its NAICS code is 32411.