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Entrepreneurs for Impact
#176: Tim Boeltken, Managing Director of INERATEC — Global Leader in E-Fuels. $129M Series B. What Makes German Engineers Cry. $14T Total Addressable Market in Shipping, Aviation, Transportation..
Apr 11, 2024
Tim Boeltken, Managing Director of INERATEC, discusses their $129M Series B funding to produce sustainable e-Fuel in aviation, shipping, and transport industries. Topics include their $14T market potential, BOO model, e-Fuel science, global expansion plans, team cohesion, and insights into German engineering.
40:33
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Quick takeaways
- INERATEC aims to convert 1 GW of renewable energy into 125 million gallons of sustainable e-Fuel by 2030.
- Modular technology and BOO model help Erotec drive down production costs and achieve significant market penetration in e-Fuel industry.
Deep dives
Erotec's Revolutionary Carbon-Neutral Fuel Production Technology
Erotec is pioneering the development of low-cost carbon-neutral fuel for sectors like aviation and shipping that cannot rely solely on direct electrification. Their scalable modular technology converts green hydrogen and carbon dioxide into e-fuels, with plans to deploy these plants globally. By leveraging their modular approach, Erotec aims to drive down production costs and achieve significant market penetration to address climate goals.
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