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

  • 301 Congress Avenue

  • Suite 2200

  • Austin, TX 78701

  • United States

  • team@fuelgems.com

  • Phone: +1 (415) 251-0250


 

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