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ClearFlame Engines
company
About
ClearFlame decarbonizes heavy-duty engines while reducing operating costs, to protect the future from the challenge of diesel fuel.
- 11 - 50
Details
- Last Funding Type
- Series A
- Last Funding Money Raised
- $17M
- Industries
- Automotive,Fuel,Machinery Manufacturing,Manufacturing,Mechanical Engineering
- Founded date
- Oct 3, 2016
- Number Of Employee
- 11 - 50
- Operating Status
- Active
ClearFlame decarbonizes heavy-duty engines while reducing operating costs, to protect the future from the challenge of diesel fuel. The company's technology enables heavy-duty engine manufacturers to produce engines at a lower cost, while simultaneously providing their customers with higher performance and fuel cost savings.Founded in 2016 by BJ Johnson and Julie Blumreiter, ClearFlame Engines is headquartered in Woodridge, Illinois.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$18.12M
ClearFlame Engines has raised a total of
$18.12M
in funding over 2 rounds. Their latest funding was raised on
Oct 28, 2021 from a Series A round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Oct 28, 2021 | Series A | $17M | 1 | — | — | Detail |
| Apr 2, 2019 | Grant | $896.62K | 1 |
National Science Foundation
|
— | Detail |
| Jul 11, 2017 | Grant | $225K | 1 |
National Science Foundation
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
2
2
ClearFlame Engines is funded by 2 investors.
National Science Foundation
and Mercuria
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
National Science Foundation
|
Yes | Grant |
Mercuria
|
— | Series A |
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