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Prometheus Fuels develops equipment that converts carbon dioxide and water into fuels using electricity.
Founded in 2019, Prometheus Fuels was founded by CEO Rob McGinnis to convert CO2 into jet fuel, diesel, and gasoline. Its Titan Fuel Forge draws CO2 and water from the air and uses electricity to produce fuel. The company raised USD 12.5 million from BMW i Ventures in 2020 and later completed a Series B round involving Maersk.
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