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Fuel Gems Watch List
General Information
Description
Producer of a carbon-based fuel additive dedicated to ... More General Information
Description
Producer of a carbon-based fuel additive dedicated to inventing a way to treat molecule to efficiently dissolve in fuel. The company's solution reduces emissions, extends engine and fuel pump life, increases lubrication and stops fuel oxidation in its tracks, thereby enabling oil and gas companies, fuel distributors and private drivers to reduce greenhouse gases and dangerous emissions by up to fifty percent and increase gas mileage by ten percent with up to one thousand percent.
Most Recent Financing Status
The company has closed on $895,750 out of a planned $100,000 of Equity Crowfunding in the form of SAFE notes via Wefunder on November 20, 2020 with a maximum goal of $1,070,000. Previously the company raised venture funding from Sputnik ATX on an undisclosed date.
Website
www.fuelgems.com
Entity Type
Private Company
Legal Name
FuelGems Inc.
Business Status
Generating Revenue
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Year Founded
2019
Universe
Venture Capital
Industries & Verticals
Primary Industry
Alternative Energy Equipment
Other Industries
Energy Refining
Verticals
Oil & Gas
Contact Information
Primary Office
Comparisons
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Description
Producer of a carbon-based fuel additive dedicated to inventing a way to treat molecule to efficiently dissolve in fuel. The company's solution reduces emissions, extends engine and fuel pump life, increases lubrication and stops fuel oxidation in its tracks, thereby enabling oil and gas companies, fuel distributors and private drivers to reduce greenhouse gases and dangerous emissions by up to fifty percent and increase gas mileage by ten percent with up to one thousand percent.
Most Recent Financing Status
The company has closed on $895,750 out of a planned $100,000 of Equity Crowfunding in the form of SAFE notes via Wefunder on November 20, 2020 with a maximum goal of $1,070,000. Previously the company raised venture funding from Sputnik ATX on an undisclosed date.
Website
www.fuelgems.com
Entity Type
Private Company
Legal Name
FuelGems Inc.
Business Status
Generating Revenue
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Year Founded
2019
Universe
Venture Capital
Industries & Verticals
Primary Industry
Alternative Energy Equipment
Other Industries
Energy Refining
Verticals
Oil & Gas
Contact Information
Primary Office
- 301 Congress Avenue
- Suite 2200
- Austin, TX 78701
- United States
- team@fuelgems.com
- Phone: +1 (415) 251-0250
Comparisons
Less Please evaluate the company’s performance
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