ClearFlame Engine Technologies, an innovation company dedicated to clean engine technology, announced that with the support of Iowa Corn, that it has recently raised $30 million in Series B funding to move from pilot to product in key markets. The new funding will help demonstrate how ClearFlame’s unique engine modification technology powers diesel engine platforms with renewable liquid fuels like ethanol in place of diesel fuel, helping to advance carbon and climate goals more immediately and cost efficiently.
“Sustainability continues to be at the forefront of everyone’s mind and with technology like this, companies will be able to improve their carbon footprint and power their heavy-duty transportation fleets with cleaner-burning, more affordable fuel like ethanol,” said Pete Brecht a farmer from Central City, Iowa, who serves as a director for both Iowa Corn Opportunities and the Iowa Corn Promotion Board. “Not only is this a great opportunity for farmers to see more corn grind through ethanol production but it also gives the transportation industry a reliable source of homegrown fuel made right here in Iowa.”
By maintaining over 85% of the original diesel engine design, the company’s patented technology can efficiently adapt to markets like long-haul trucking, agriculture, power generation and mining, offering the same power, durability and performance as today’s diesel engines while readily integrating into existing manufacturing, fueling, maintenance and repair ecosystems.
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