Metafuels, the Swiss developer of a sustainable aviation fuel compatible with existing aircraft, announced it has raised €8 million in Seed funding.
The decarbonisation of aviation is one of the greatest technological challenges we currently face.
Significant barriers facing electrification (which likely will only ever support short-haul travel) and hydrogen (which faces complications in logistics and aircraft design) mean that viable solutions for travel using these technologies are many years away from being go-to-market ready.