Safco Venture Holdings converts waste oils, such as used cooking oil, into sustainable aviation fuel. This process helps decarbonize the aviation industry by providing a lower-emission alternative to traditional jet fuel.
Funding
$30M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The aviation industry faces increasing pressure to reduce its carbon footprint, but traditional jet fuel derived from petroleum contributes significantly to greenhouse gas emissions. Sustainable aviation fuel (SAF) offers a lower-emission alternative, but its production and availability remain limited.
Solution
Safco Venture Holdings converts waste oils, such as used cooking oil, into sustainable aviation fuel (SAF). This process provides a pathway to decarbonize the aviation sector by offering a renewable alternative to conventional jet fuel. By utilizing waste products as feedstock, the company contributes to a circular economy while reducing reliance on fossil fuels. The resulting SAF can be used in existing aircraft engines and infrastructure, facilitating a smoother transition to a more sustainable aviation industry.
Target Audience
The primary customers are airlines, aviation companies, and other entities seeking to reduce their carbon footprint and comply with environmental regulations.
Features
- Converts waste oils, including used cooking oil, into SAF
- SAF produced is compatible with existing aircraft engines
- Reduces carbon emissions compared to traditional jet fuel