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 ($)
$2.4MJan 2024
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
Photos & Videos
No files yet
NGV Business
Business models
B2B
Product stage
Customer Development
Employees
1-10
Sector
Energy TechEnergy Production & SourcesClimate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsAutomotive & Mobility TechnologiesElectric Mobility & Alternative FuelsTarget Customer
Transportation & LogisticsLogisticsAviationCore Technology
Materials & SubstancesTags (4)
energyaviationenergytechclimate-techNGV Financials
$2.4M
Total funding
Undisclosed
Capital raised
$2.4M
Last funding
Seed
Funding stage
1
Total rounds
1
Investors
Cumulative Funding Raised Over Time ($)
$2.4MJan 2024
Private Equity Funding
Undisclosed Round
Jan 2024
$2.4M
Ralco Energy (Lead)
NGV Lifecycle
Cumulative Funding Raised Over Time
$2.4MJan 2024
All Events
Undisclosed Round
Jan 2024
$2.4M
Ralco Energy (Lead)
NGV News
2 articles
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
NGV Team
Tomy Hos
CTO & Co-Founder
Founder
Prof. Moti Herskowitz
Senior Advisor & Co-Founder
Founder
Employee Info
| Employees (range) | 1-10 |
| Exact count | 4 |
| Team members | 3 |
Similar Companies
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This entity has 11 classification IDs that could be used for matching.
NGV Internal
Recent Updates
No update log entries.
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Admin Info
| Confidence | 80/100 |
| Missing | sector, video or image, markets, not claimed |
| BI Verification | Maor Perlov |
| Creator | Maor Perlov |
| Creator email | maor.perlov@sncentral.org |
| Last update | 2024-02-21T00:00:00.000Z |
| Created | 2024-02-21T00:00:00.000Z |
| Claimed | Yes |