Metafuels Raises $24M in New Funding Round

Why It Matters

The Metafuels funding accelerates low‑carbon aviation fuels, a critical lever for meeting global climate targets, while Organigram’s acquisition deepens market consolidation, giving it scale and brand diversity in a rapidly expanding cannabis sector.

Key Takeaways

• Metafuels secures $24M to scale sustainable kerosene
• Aerobrew tech enables airlines to decarbonize without operational changes
• ewigbyte raises €1.6M for glass‑based data storage platform
• Organigram values Sanity Group at up to €250M in acquisition
• Cannabis consolidation gives Organigram broader brand portfolio and market reach

Pulse Analysis

The aviation industry faces mounting pressure to reduce greenhouse‑gas emissions, and sustainable aviation fuel (SAF) is emerging as the most viable near‑term solution. Metafuels’ Aerobrew process promises drop‑in kerosene that can be used in existing engines, sidestepping costly fleet retrofits. By attracting a $24 million round, the company joins a wave of climate‑tech investors betting on SAF scalability, a trend reinforced by airline commitments to net‑zero targets and supportive regulatory frameworks in Europe and North America.

Deep‑tech data storage is another frontier where capital is flowing fast. ewigbyte’s glass‑based approach leverages femtosecond laser pulses to imprint data directly into glass, offering durability far beyond conventional silicon drives. The €1.6 million seed funding, led by Vanagon Ventures and Bayern Kapital, underscores investor confidence in niche storage solutions that could serve high‑security, long‑term archival markets such as aerospace, defense and scientific research. As data volumes explode, technologies that combine longevity with low energy consumption are poised for rapid adoption.

In the cannabis sector, Organigram’s move to acquire Sanity Group marks a strategic push into Europe’s premium market. Valued at up to €250 million, the deal consolidates multiple brands—including Vayamed and Avaay—under a single corporate umbrella, enhancing distribution efficiency and brand synergy. The acquisition reflects a broader consolidation trend as larger players seek to leverage economies of scale, navigate complex regulatory landscapes, and capture higher-margin segments. For investors, the transaction signals confidence in sustained growth and profitability within the European cannabis ecosystem.

Deal Summary

Swiss ClimateTech startup Metafuels announced a $24 million financing round led by UVC Partners, Energy Impact Partners, Contrarian Ventures, RockCreek, Verve Ventures and Fortescue. The new capital builds on earlier €7.4 million investments and will accelerate development of its Aerobrew sustainable kerosene technology for airlines.