ESG Today writes that the funding will be used to expand the startup's team in Boston, as well as exploring commercialization partnerships and to advance the technological development. SAF is considered by some companies in the aviation industry as one of the quickest and easiest ways to lower our carbon footprint from flying, due to its ability to act as a drop-in additional fuel to traditional kerosene.

Sora Fuel, which was founded this year, is a startup that aims to commercially manufacture SAF at scale using just water, air and renewable energy, but how? Simply by utilizing the carbon that the company is able to capture to lower the cost, as well as the energy requirements associated with SAF-making.

Through this solution, the team of experts is able to produce syngas or synthetic gas in a closed-loop process that uses an electrolyzer based on liquid bicarbonate to capture carbon emissions at just 20 USD per ton. Using water and renewable energy, the company is then able to turn it into fuels for the aviation sector.

Thus, this solution not only lowers the energy requirements, but also cuts the number of feedstock necessary to produce SAF, reducing it to air and water. Furthermore, the process is said to be easily and efficiently scaled.

Gareth Ross, Co-founder and CEO of Sora Fuel, said that "Sora Fuel’s technology eliminates 90% of the energy currently required in standard DAC processes, opening up an entirely new and more sustainable path for producing carbon negative fuels. Our patented, closed-loop system enables the direct generation of an economical product and overcomes widespread feedstock constraints, allowing us to produce SAF at prices comparable to current Jet A fuel."

Engie Ventures led the financing round, which saw participation from the likes of Wireframe Ventures.