NGV Overview
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.
Cumulative Funding Raised Over Time ($)
Latest News
Growth-Positive
Startup Aims High With 'Green' Jet Fuel Made From Waste
Israeli startup CarboNGV, a joint venture between researchers at Ben-Gurion University and the Ralco Group, has developed sustainable aviation fuel (SAF) that could help reduce the aviation industrys greenhouse gas emissions. The Ralco Group has invested over $2 million in the venture. CarboNGVs technology uses waste and other materials to produce the fuel in a sustainable way. The aviation industry aims to achieve net zero on carbon emissions by 2050, and CarboNGVs SAF could play a significant role in achieving this goal. The companys first demonstration plant is expected to become operational in 2025.
Investment
growth-positive
New venture to produce novel sustainable aviation fuel - ISRAEL21c
CarboNGV, a joint venture between the Ralco Group and the Blechner Center for Industrial Catalysis and Process Development, is set to advance a novel method for producing sustainable aviation fuel (SAF). The Ralco Group’s investment arm is injecting $2.4 million into this venture, which will transform a range of materials, including industrial waste, into synthetic fuel. The first demonstration plant is expected to be operational by 2025, producing SAF and contributing to a more sustainable future for air travel.
InvestmentPartners
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $2.4M |
| Last funding | $2.4M |
| Stage | Seed |
| Rounds | 1 |
| Investors | 1 |
Team Members
3
Employees: 1-10
Web & Social Links
| Website | ngv.earth/ |
Locations
Israel
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