Reviving Green Dreams: Velocys’ New $40 million Investment Breathes Life into Sustainable Aviation

Hello Lionel Herald readers, Happy New Week 

Today the story that caught my attention is about Velocys, an Oxford-based company focused on sustainable aviation fuel (SAF), that recently secured a substantial $40 million investment in a rescue deal that transitioned the company to private ownership. 

This is a long format piece, but if you are in a hurry, here are the key facts about the stories

Despite financial challenges, Velocys has received substantial government support and recently avoided insolvency through acquisition by a consortium of investors for £4.5 million. 

The consortium, consisting of Carbon Direct Capital, Lightrock, GenZero, and Kibo Investments, has injected additional funds to accelerate the company's technology deployment. 

Velocys CEO, Henrik Wareborn, expressed optimism about the company's future, highlighting its role in advancing lower carbon SAF production. 

With the backing of new funding, Velocys plans to expand its US-based reactor facility in Ohio and pursue projects like its collaboration with British Airways in Lincolnshire, focusing on waste-to-fuel conversion. 

The company's strategic partnerships and innovative approach position it as a key player in decarbonizing aviation.

After the News side of the story I tried to go deeper and learn more about the business side of Velocys, as a company builder there are three aspects that I always look into 

1) The Problem,

 2) the Solution and 

3) The Targeted customers. 

So let us dive into it, here is the breakdown:

Reviving Green Dreams: Velocys’ New $40 million Investment Breathes Life into Sustainable Aviation

Thanks for Reading,

Fabrice Iranzi, Lion Herald

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