Published: September 29, 2025 at 8:57 am
Oxford University spinout OXCCU has raised £20.75 million in an oversubscribed Series B funding round to accelerate the commercialisation of its one-step process to turn waste carbon into sustainable aviation fuel (SAF).
New investors include Orlen VC, Safran Corporate Ventures, International Airlines Group (IAG), Hostplus and TCVC, alongside continued support from Clean Energy Ventures, IP Group, Aramco Ventures, Eni Next, Braavos Capital and the University of Oxford.
The fresh capital will also enable the firm to expand operations and scale up its technology following the launch of its OX1 demonstration plant at London Oxford Airport in 2024.
A second facility, OX2, is under construction and is due to be operational in 2026.