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Next Renewable Fuels
AddedFeb 15, 2024
UpdatedJun 18, 2026
Next Renewable Fuels

Next Renewable Fuels

Series D

NEXT Renewable Fuels transforms recycled organic materials into advanced biofuel, reducing greenhouse gas emissions.

HQ
Houston, TX, US
Founded
2016
Overview
Compare
Fundraising
Employees
Website

Founded in 2016 and based in Portland, Oregon, NEXT Renewable Fuels is committed to transforming the transportation sector by producing advanced biofuels from recycled organic materials, such as used cooking oil. Their core mission is to offer a sustainable alternative to petroleum-based diesel, reducing greenhouse gas emissions by up to 85%. With a vision of a cleaner, more sustainable future, the company focuses on developing and operating large-scale low-carbon fuel production facilities in North America.

NEXT Renewable Fuels has attracted notable investors and industry experts who support its mission of decarbonizing transportation. The company is developing two of the largest low-carbon fuel production facilities in North America, positioning itself as a significant player in the renewable energy market. Through its innovative approach and substantial infrastructure projects, NEXT Renewable Fuels aims to make a lasting impact on reducing reliance on fossil fuels and promoting environmental sustainability.

Next Renewable Fuels - Quick Facts

When was Next Renewable Fuels founded?

Next Renewable Fuels was founded in 2016.

Where is Next Renewable Fuels' headquarters located?

Next Renewable Fuels' headquarters is located in Houston, TX, US.

When was Next Renewable Fuels' last funding round?

Next Renewable Fuels' most recent funding round was for $75M (USD) in April 2023.

How much has Next Renewable Fuels raised to-date?

As of Apr 28, 2023, Next Renewable Fuels has raised a total of $75M (USD).

How many employees does Next Renewable Fuels have?

Next Renewable Fuels has 375 employees as of Feb 5, 2024.

Next Renewable Fuels - Classification

Ownership
  • Venture Capital
Technology
  • Cleantech
Geographic Exposure
  • United States
Model
  • Manufacturing
Revenue
  • Recurring
Customer
  • Enterprise
  • Government
Main Product
  • Biofuel
NAICS
  • 220000Utilities
  • 221000Utilities
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services
Show 6 more industry codes
NAICS
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221114Solar Electric Power Generation
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services