Dimensional Energy Secures $20 Million in Series A Funding
Dimensional Energy, headquartered in New York City and specializing in carbon utilization technology, Sustainable Aviation Fuel (SAF) production, and advanced carbon emissions-derived fuels and materials, has successfully raised $20 million in Series A funding.
Envisioning Partners led the funding round, with notable participation from United Airlines’ Sustainable Flight Fund, Microsoft’s Climate Innovation Fund, RockCreek Group’s Smart Aviation Futures fund, DSC Investment, Delek US, New York Ventures, Climate Tech Circle, and ongoing support from existing investors such as Elemental Excelerator, Chloe Capital, and Launch New York, among others.
The infusion of capital is earmarked to propel Dimensional Energy towards commercial scalability and to diversify its project portfolio. Key initiatives to be advanced with the newly acquired funds include:
- Advanced PtL Fuels Plant Construction: Collaborating with Svante, a leader in carbon capture technology, Dimensional Energy plans to construct an advanced power-to-liquid (PtL) fuels plant using emissions from the Lafarge Richmond Cement Plant in British Columbia, Canada.
- Global Expansion of Commercial PtL Plants: The ongoing development of commercial power-to-liquid plants worldwide, including a project with financing from Seneca Environmental and development support from Elemental Excelerator’s Infrastructure and Community Engagement programs.
- Introduction of Consumer and B2B Products: Dimensional Energy will introduce its first consumer (B2C) and business-to-business (B2B) products, featuring fossil-free surf wax and a cruelty-free fat alternative tailored for vegan food manufacturers.
- Technological Advancements: Advancing Dimensional Energy’s proprietary reactor and catalyst technologies, funded by the Department of Energy’s ARPA-E and SETO programs, in collaboration with Oak Ridge National Laboratory and Cornell University. These innovations are field-tested at Dimensional Energy’s technology center in Tucson, Arizona.
Under the leadership of CEO Jason Salfi, Dimensional Energy operates with a focus on carbon-to-value technology. The company’s presence extends to Houston, TX, with laboratories and advanced prototyping in Ithaca, NY, and a fully integrated pilot plant in Tucson, AZ. The Tucson Technology Center serves as a testing ground for scaled technology and workforce development for commercial plants worldwide. Dimensional Energy functions as a full-service technology and engineering firm, supporting commercial deployments for project developers, industrial carbon emitters, and strategic partners.
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