Dimensional Energy, a leading player in cutting-edge carbon utilization technology, Sustainable Aviation Fuel (SAF) production, and advanced carbon emissions-derived fuels and materials, has successfully concluded a $20 million Series A funding round.
This significant funding, led by Envisioning Partners, a Korea-based impact venture capital fund with a strong global climate focus, will support Dimensional Energy’s expansion and growth initiatives.
In addition to the funding announcement, Dimensional Energy has taken a step towards becoming a certified B Corporation by filing the Delaware Public Benefit Corporation Charter. This move emphasizes the company’s commitment to environmental and social equity, ensuring a positive impact for all stakeholders alongside financial success.
Jason Salfi, CEO of Dimensional Energy, highlighted the importance of B Corporation status, stating, “B Corporation status provides a framework for companies to continually improve positive impact for all stakeholders while maintaining exceptional financial performance.”
The Series A funding round saw participation from key investors, including Envisioning Partners, United Airlines’ Sustainable Flight Fund, Microsoft’s Climate Innovation Fund, RockCreek Group’s Smart Aviation Futures fund, DSC Investment, Delek US, New York Ventures, Climate Tech Circle, Elemental Excelerator, Chloe Capital, Launch New York, and more.
The substantial funding, combined with third-party project financing commitments, positions Dimensional Energy for significant growth. The company aims to achieve commercial scale rapidly and expand its portfolio of high-value, financially attractive projects.
Dimensional Energy’s cutting-edge technology transforms carbon dioxide emissions into sustainable aviation fuel (SAF), renewable diesel, and a base synthetic paraffin for various everyday products. The company’s unique capability to integrate seamlessly into existing industrial facilities marks a revolutionary shift in addressing global emissions challenges.