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OptiFuel Systems

OptiFuel Systems

Private
Beaufort, South CarolinaMobility, Transportation & Logisticshttps://optifuelsystems.com/

Last Round

Grant

Nov 20, 2024

Total Funding Raised

$28.76M

Company Overview

OptiFuel Systems is a clean technology company that designs and manufactures zero-emission products and services for the rail, marine, and power generation industries.

Sector

Mobility, Transportation & Logistics

Verticals

Clean Transportation, Alternative Fuels, Freight & Transportation

Business Model

B2B

Customer Profile

Hardware Sales, Usage-Based SaaS, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

dual-fuel locomotiverenewable natural gasRNGhydrogen locomotiverail decarbonizationlocomotive as-a-serviceLAASgreen railrefueling infrastructurediesel hybridheavy-duty logisticsemissions reductionfuel cycle managementclean transportationalternative fuel

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OptiFuel Systems Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantNov 20, 2024
StrategicMay 29, 2024
VC RoundJul 12, 2022
GrantJul 22, 2020

Key People

Founding team and executive leadership

Scott Myers

CEO And President

Executive Team

OptiFuel Systems Investors

Notable investors and investment history

OptiFuel Systems investors
InvestorRounds
Capital Q Ventures Inc.Strategic
Department of EnergyGrant

OptiFuel Systems Filings

SEC and related filings with document metadata.

Data table
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OptiFuel Systems Filings

SEC and related filings with document metadata.

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Firmographic Details

HeadquartersBeaufort, South Carolina
Employee Range11
Year Founded2013
Last FundingNov 20, 2024

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