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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

Highlights

Total Funding Amount
$18.12M
Funding Rounds
3
Investors
2

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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