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Aether Fuels

Aether Fuels

Private
Chicago, IllinoisEnergy & Sustainabilityhttps://aetherfuels.com/

Last Round

Convertible Debt

Jan 12, 2026

Total Funding Raised

$57.5M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Aether Fuels is a climate technology company that develops proprietary processes to produce sustainable liquid fuels for the aviation and ocean shipping industries from waste carbon feedstocks.

Sector

Energy & Sustainability

Verticals

Alternative Fuels, Aviation & Drones, Clean Manufacturing

Business Model

B2B

Customer Profile

Services & Consulting, Data as a Service

AI Layer

Non-AI

Keywords

sustainable aviation fuelSAFlow-carbon fuelgreen jet fuelaviation decarbonizationfuel refiningSAF supply chainclean energy technologyfuel blendingrenewable fuelbiofuelenergy infrastructurerefining infrastructurenet zero aviationdrop-in fuel

Historical Pricing

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Caplight Momentum Score

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Aether Fuels Comps

Public and private peers based on sector, stage, and business model.

Aether Fuels comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Aether Fuels Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Convertible DebtJan 12, 2026
Series AJun 27, 2024
SeedDec 15, 2023
SpinoffApr 1, 2022

Key People

Founding team and executive leadership

Conor Madigan

Founder And CEO

Founding Team

Dhaval Shah

Chief Technology Officer

Executive Team

Aether Fuels Investors

Notable investors and investment history

Aether Fuels investors
InvestorRounds
TechEnergy VenturesSeed, Convertible Debt, Series A
Zeon VenturesSeries A
TemasekSpinoff
Xora InnovationSpinoff, Convertible Debt, Series A, Seed
Foothill VenturesSeed, Convertible Debt, Series A
EDBIConvertible Debt
Aster VenturesConvertible Debt

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 15, 2026

    Stu Stott appointed Global Vice President of Projects.

  • Jan 12, 2026

    $15M raised in convertible debt financing.

Aether Fuels Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Aether Fuels Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Aether Fuels's valuation, stock price, and market status.

Firmographic Details

HeadquartersChicago, Illinois
Employee Range36
Year Founded2022
Last FundingJan 12, 2026

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