When was XFuel founded?

XFuel was founded in 2010 and raised its 1st funding round 12 years after it was founded.

Where is XFuel located?

XFuel is headquartered in Dublin, Ireland.

Who is the current CEO of XFuel?

Nicholas Ball of XFuel. They have also founded 1 company.

How many employees does XFuel have?

As of May 31, 2026, the latest employee count at XFuel is 29.

Is XFuel a funded company?

XFuel is a funded company, having raised a total of $28.6M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 13, 2022.

When was the latest funding round of XFuel?

XFuel's latest funding was a $***** Series A round on Jan 28, 2026, with participation from 9 investors.

Where does XFuel rank among its competitors?

XFuel ranks 7th amongst 208 active competitors, of which 60 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Metafuels, which secured $2.21M in Apr, 2026.

Who are the top competitors of XFuel?

XFuel's top competitors include LanzaTech, GPS Renewables and Aether Fuels. Among them, Metafuels secured the most recent funding round in April, 2026.

XFuel - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of low carbon drop in fuels from waste materials. This entity converts various waste streams into transport fuels compatible with existing combustion engines. These products function as direct replacements for conventional petroleum based fuels. The production process focuses on creating sustainable energy sources for transportation applications.

Website: xfuel.com
Email ID: *****@xfuel.com

Key Metrics

Founded Year

2010

Location

Dublin, Ireland

Stage

Series A

Total Funding

$28.6M in 3 rounds

Latest Funding Round

Series A, Jan 28, 2026, $*****

Investors

Union Square Ventures & 13 more

Ranked

7^th among 208 active competitors

Employee Count

29 as on May 31, 2026

Similar Companies

GPS Renewables & 64 more

View XFuel's full profile

XFuel is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
XFUEL LIMITED CIN: 711194 , Ireland, Active	Jul 01, 2022	-	-	-
XFUELS, INC. CIN: 1518548 , United States, Active	Jul 07, 2010	-	-	-

XFuel has raised a total funding of $28.6M over 3 rounds. Its first funding round was on Jul 13, 2022. Its latest funding round was a Series A round on Jan 28, 2026 for $*****. 9 investors participated in its latest round. XFuel has 14 institutional investors.

Here is the list of recent funding rounds of XFuel:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 28, 2026	2085963	Series A	8175231	2087402	5989680	8853485
Apr 08, 2025	6885510	Grant (prize money)	8690938	9657231	9250209	European Innovation Council
Jul 13, 2022	8485828	Series A	6528838	4241229	Union Square Ventures & 2 more	7788366

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View details of XFuel's funding rounds and investors

The founders of XFuel are Nicholas Ball and Jose Antonio. Nicholas Ball is the CEO of XFuel.

Here are the details of XFuel's key team members:

Nicholas Ball: Co-Founder & CEO of XFuel.
Contact Info: 1 email address
Jose Antonio: Co-Founder & COO of XFuel.
Contact Info: 1 email address

View details of XFuel's Founder profiles and Board Members

XFuel's employee count trend

XFuel has 29 employees as of May 26. Here is XFuel's employee count trend over the years:

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Top competitors of XFuel include LanzaTech, GPS Renewables and Aether Fuels. Here is the list of Top 10 competitors of XFuel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LanzaTech 2005, Skokie (United States), Public	Developer of technology converting carbon-rich gases into fuels and chemicals	$869M	Malaysian Life Sciences Capital Fund, Khosla Ventures ... & 28 others	70/100
2nd	GPS Renewables 2012, Bengaluru (India), Series B	Provider of biogas engineering and clean fuels technology solutions	$20M	Caspian, Triodos Investment Management & 18 others	66/100
3rd	Aether Fuels 2022, San Francisco (United States), Series A	Developer of technology converting waste carbon into sustainable liquid fuels	$60.4M	AP Ventures, Xora Innovation & 10 others	62/100
4th	INENTEC 1995, Richland (United States), Series D	Technology developer for conversion of wastes to energy	$230M	American Securities, Lakeside Energy & 2 others	61/100
5th	Metafuels 2019, Langnau Am Albis (Switzerland), Series B	Developer of technology for sustainable aviation fuel production from green methanol	$41M	Fortescue Ventures, Energy Impact Partners ... & 8 others	61/100
6th	Aemetis 2006, Cupertino (United States), Public	Manufacturer of renewable fuels and renewable chemicals	-	State of California, India Venture Partnership ... & 3 others	60/100
7th	XFuel 2010, Dublin (Ireland), Series A	Manufacturer of low carbon drop in fuels from waste materials	$28.6M	Union Square Ventures, AENU & 12 others	60/100
8th	Enerkem 2000, Montreal (Canada), Series H	Provider of technology converting waste into low-carbon fuels and circular chemicals	$859M	Suncor, BlackRock & 31 others	59/100
9th	Sistema 2009, Mexico (Mexico), Series B	Provider of biodigester technology that transforms animal waste into bioenergy	$60.4M	Engie, DILA Capital & 30 others	59/100
10th	Infinium 2020, Sacramento (United States), Series C	Developer of technology transforming waste emissions into sustainable products	$69M	Brookfield Asset Management, AP Ventures ... & 17 others	58/100