When was Next Fuels founded?

Next Fuels was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Next Fuels located?

Next Fuels is headquartered in San Antonio, United States.

Is Next Fuels a funded company?

Next Fuels is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on May 01, 2021.

When was the latest funding round of Next Fuels?

Next Fuels' latest funding was a $***** Grant (prize money) round on May 01, 2021, with participation from 1 investor. Its primary sector is Oil & Gas Tech. In United States, the Oil & Gas Tech sector has seen $4.28B in funding in 2026 to date.

Where does Next Fuels rank among its competitors?

Next Fuels ranks 7th amongst 7 active competitors, none of which are funded.

Who are the top competitors of Next Fuels?

Next Fuels' top competitors include Quadrise Fuels, Hybrid Gasification and Global Technologies. Among them, Next Fuels secured the most recent funding round in May, 2021.

Next Fuels - 2026 Company Profile, Team, Funding & Competitors

Next Fuels is a funded company based in San Antonio (United States), founded in 2018. It operates as a Provider of proprietary fuel upgrading solutions. Next Fuels has raised an undisclosed amount in funding. The company has 7 active competitors, including 1 that has exited. Its top competitors include companies like Quadrise Fuels, Hybrid Gasification and Global Technologies.

Company Details

Provider of proprietary fuel upgrading solutions. Its offerings include development, promotion, management, and licensing of proprietary technologies for upgrading fuels within industrial processes. It also provides consulting and project execution services for specialized applications in the oil, steel, energy, and electric sectors. The platform leverages proprietary chemical expertise, research-backed methodologies, and international institutional collaborations to develop sustainable fuel enhancement systems.

Website: nxfuels.com
Email ID: *****@nxfuels.com
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

San Antonio, United States

Stage

Funding Raised

Latest Funding Round

Grant (prize money), May 01, 2021, $*****

Investors

National Science Foundation

Ranked

7^th among 7 active competitors

Similar Companies

Quadrise Fuels & 5 more

View Next Fuels' full profile

Next Fuels has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on May 01, 2021 for $*****. 1 investor participated in its latest round. Next Fuels has 1 institutional investor.

Here is the list of recent funding rounds of Next Fuels:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 01, 2021	4625199	Grant (prize money)	6890999	7659652	1994849	8583530

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Top competitors of Next Fuels include Quadrise Fuels, Hybrid Gasification and Global Technologies. Here is the list of Top 10 competitors of Next Fuels, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Quadrise Fuels 2006, London (United Kingdom), Public	Provider of solutions for manufacturing synthetic heavy oil	-	Bergen Asset Management	34/100
2nd	Hybrid Gasification 2007, Newcastle Upon Tyne (United Kingdom), Unfunded	Provider of clean energy technologies,offering engineering and consultancy services in gasification	-	-	23/100
3rd	Global Technologies Louisville (United States), Unfunded	Developer of refinery projects focused on refined petroleum product production	-	-	19/100
4th	FOWE 2022, Monaco (Monaco), Unfunded	Provider of fuel oil water emulsion solution	-	-	18/100
5th	FluidOil Corp. 2017, San Antonio (United States), Unfunded	Provider of heavy oil upgrading technology for synthetic crude production	-	-	16/100
6th	Casey Handmer Unfunded	Developer of technology for converting atmospheric carbon into synthetic hydrocarbons	-	-	16/100
7th	Next Fuels 2018, San Antonio (United States), Funding Raised	Provider of proprietary fuel upgrading solutions	-	National Science Foundation	15/100