Aether Fuels, founded as a spin-out from Xora Innovation, a deep tech early-stage investment platform of Temasek, focuses on developing sustainable fuel technologies. The company's core mission is to decarbonize "hard-to-abate" sectors such as aviation and ocean shipping by producing scalable and affordable sustainable fuels. Their innovative approach utilizes biogenic CO2 and other waste carbon streams to create a closed carbon cycle, aiming to significantly reduce the carbon footprint of these industries.

Notable affiliates include Xora Innovation and Temasek, which have provided foundational support and investment. Aether Fuels has achieved significant milestones in sustainable fuel production, positioning itself as a leader in climate technology. By targeting the aviation and maritime sectors, the company addresses a critical need for decarbonization, potentially impacting global carbon emissions reduction efforts significantly.