General Galactic

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General Galactic Raises $8M to Advance Fossil-Free Fuel Revolution

đź“… Date:

đź”– Topics: Funding Event

🏢 Organizations: General Galactic, Harpoon Ventures, Refactor Capital


General Galactic, a pioneer in fossil-free fuel generation technology, today announced the closing of an $8 million seed funding round, bringing the total investment in the company to $10 million. The investment was co-led by Harpoon Ventures and Refactor Capital, with participation from Pathbreaker, BoxGroup, Seraphim, Plug and Play, Impact First and Climate Capital.

The investment will accelerate the development and deployment of General Galactic’s proprietary Genesis technology, which transforms industrial CO2 waste streams into fossil-free natural gas. The company plans to expand its engineering team to pursue its goal of building commercial fossil-free natural gas generation plants across the globe.

The Genesis system represents a breakthrough in sustainable fuel technology that works with existing energy infrastructure while eliminating fossil fuel dependency. The technology targets maritime shipping, agriculture and heavy industry sectors, where carbon reduction requirements and long-term capital investments will demand consistent access to low-emission, high-density fuels. The company is developing the full production stack for these fuels and has a proven pilot system producing 2,000 liters of methane per day.

Read more at Business Wire