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CleanJoule
Innovators and producers of Sustainable Aviation Fuel (SAF)
About CleanJoule
CleanJoule is a pioneering startup in the sustainable aviation fuel (SAF) industry. The company's mission is to revolutionize the aviation industry by producing carbon-negative SAF, which is a type of fuel that reduces carbon emissions and helps combat climate change. CleanJoule's innovative technology allows them to convert biomass, which is organic material from plants and animals, into high-performance aviation fuel and carbon-negative bio-polymer. This bio-polymer can be used in a variety of consumer and commercial products, further expanding the company's market reach.
CleanJoule serves a diverse range of clients, including the aviation industry and various consumer and commercial sectors that use bio-polymers. The company operates in the renewable energy market, specifically focusing on sustainable aviation fuel.
The business model of CleanJoule is based on a distributed manufacturing approach, which supports the rural economy by creating high-paying domestic jobs. The company generates revenue by selling its innovative SAF and bio-polymer products.
CleanJoule has also secured significant government backing. It has been awarded a multi-year contract by the U.S. Government to develop SAF for military use and received a multi-million dollar investment to develop carbon-negative polymer and advanced SAF. Additionally, a multi-year, multi-million dollar cooperative agreement was signed with the U.S. Government to develop superior SAF. The company also announced a $50M investment from an international consortium to accelerate SAF production.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2009
- Headquarters
- Salt Lake City, United States
- Employees
- 31
- Open positions
- 4
- Dealroom signal
- 62.9/100
- Sector
- Aviation, Biotechnology, Waste Reduction, Biomass, Biomaterials, Biopolymers, Biofuel, Sustainable Development Goals, Aviation and Aerospace, Sustainable Aviation Fuel, Climate Tech, Hard Tech, Sustainable Aviation, DT and LS
- Business model
- Manufacturing
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | May 2023 | $50M | $200M | Frontier Airlines · Wizz Air · Indigo Partners · Cleanhill Partners | ↗ |
Growth signals
Latest recorded traffic for CleanJoule is 980 monthly website visits, up 206.3% over the last three months. CleanJoule's team declined 42.6% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later6 investors entered at this stage
Frontier Airlines
Wizz Air- IPIndigo Partners
Cleanhill Partners
Volaris
GenZero
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about CleanJoule on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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