REAC Fuel

Lund, Sweden Founded: 2006 • Age: 20 yrs Acquired By Renmatix
Biomass is converted to liquid fuels using REAC Fuels technology.
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About REAC Fuel

REAC Fuel is a company based in Lund (Sweden) founded in 2006 was acquired by Renmatix in December 2014.. REAC Fuel has raised $4.5 million across 1 funding round from investors including Renmatix, VantagePoint Capital Partners and Sustainable Technologies Fund.

  • Headquarter Lund, Sweden
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4.5 M (USD), Series A

    Nov 05, 2010

  • Investors
    Renmatix

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Renmatix

    (Dec 16, 2014)

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Funding Insights of REAC Fuel

REAC Fuel has successfully raised a total of $4.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.5 million completed in November 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $4.5M
  • First Round

    (05 Nov 2010)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2010 Amount Series A - REAC Fuel Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in REAC Fuel

REAC Fuel has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Renmatix, VantagePoint Capital Partners and Sustainable Technologies Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm
Founded Year Domain Location
-
Founded Year Domain Location
Cellulosic sugars are produced from non-food biomass via supercritical hydrolysis.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by REAC Fuel

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - REAC Fuel

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Reac Fuel Comparisons

Employees
+
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Competitors of REAC Fuel

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Reac Fuel

Frequently Asked Questions about REAC Fuel

When was REAC Fuel founded?

REAC Fuel was founded in 2006 and raised its 1st funding round 4 years after it was founded.

Where is REAC Fuel located?

REAC Fuel is headquartered in Lund, Sweden.

Is REAC Fuel a funded company?

REAC Fuel is a funded company, having raised a total of $4.5M across 1 funding round to date. The company's 1st funding round was a Series A of $4.5M, raised on Nov 05, 2010.

What does REAC Fuel do?

REAC Fuel was founded in 2006 in Lund, Sweden, as a technology provider in the biofuels sector. Lignocellulosic biomass or waste streams containing cellulose are processed through its method to produce sugars, chemicals, and liquid fuels. The company was acquired by Renmatix, with operations focused on advancing biomass conversion technologies for sustainable fuel production.

Who are REAC Fuel's investors?

REAC Fuel has 3 investors. Key investors include Renmatix, VantagePoint Capital Partners, and Sustainable Technologies Fund.

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