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 Jul 31, 2026, the latest employee count at XFuel is 30.

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 4th amongst 212 active competitors, of which 61 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was GPS Renewables, which secured $66.3M in Jun, 2026.

Who are the top competitors of XFuel?

XFuel's top competitors include LanzaTech, GPS Renewables and Gruner Renewable. Among them, GPS Renewables secured the most recent funding round in June, 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

4^th among 212 active competitors

Employee Count

30 as on Jul 31, 2026

Similar Companies

GPS Renewables & 65 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	5105196	Series A	9483170	3864271	1740281	5994659
Apr 08, 2025	1873058	Grant (prize money)	6517955	8293293	5501536	European Innovation Council
Jul 13, 2022	5103605	Series A	4537782	3543199	Union Square Ventures & 2 more	1331281

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View details of XFuel's funding rounds and investors

The founders of XFuel is Nicholas Ball. 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

View details of XFuel's Founder profiles and Board Members

XFuel's employee count trend

XFuel has 30 employees as of Jul 26. Here is XFuel's employee count trend over the years:

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Top competitors of XFuel include LanzaTech, GPS Renewables and Gruner Renewable. 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, Novo Holdings ... & 28 others	70/100
2nd	GPS Renewables 2012, Bengaluru (India), Series C	Provider of biogas engineering and clean fuels technology solutions	$91.7M	PixelSky Capital, Triodos Investment Management ... & 20 others	69/100
3rd	Gruner Renewable 2023, Noida (India), Series C	A renewable energy company focused on Bio-CNG infrastructure	$60M	-	62/100
4th	XFuel 2010, Dublin (Ireland), Series A	Manufacturer of low carbon drop in fuels from waste materials	$28.6M	Union Square Ventures, European Innovation Council ... & 12 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	INENTEC 1995, Richland (United States), Series D	Technology developer for conversion of wastes to energy	$230M	American Securities, Lakeside Energy & 2 others	60/100
7th	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
8th	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
9th	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
10th	Synhelion 2016, Zurich (Switzerland), Series C	Developer of renewable fuels designed to replace fossil fuels	$41.2M	CEMEX Ventures, CEMEX & 8 others	56/100