About Aether Fuels
Aether Fuels is an advanced climate technology company founded in 2022 as a spin-out of Xora Innovation (a deep-tech platform of Temasek), focused on decarbonizing hard-to-abate industries like aviation and ocean shipping. Its core product, Aether Aurora™, uses a proprietary Fischer-Tropsch-derived process to convert waste carbon feedstocks — including captured CO₂, industrial waste gases, biogas, and municipal solid waste — into cost-competitive, drop-in sustainable aviation fuel (SAF) and marine fuels. The company targets customers in aviation and shipping seeking decarbonization without changes to existing infrastructure.
Company details
Funding
Total raised
$60.4M
Last stage
Series A
Investors
Founders
Conor Madigan
Previously co-founded Kateeva, a leading supplier of OLED manufacturing equipment. Also co-founded Deep Valley Labs. Holds a Ph.D. and conducted post-doctoral research at MIT in organic electronics. Launched Aether Fuels in 2022 as a spin-out of Xora Innovation.
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