OXCCU Tech Ltd Raises $28 Million in Series B to Advance Sustainable Aviation Fuels
October 1, 2025
byFenoms Startup Research
OXCCU Tech Ltd, a pioneering clean tech startup developing low-carbon fuels, has successfully raised $28 million in Series B funding. The round was backed by heavyweight investors including Orlen VC, Safran Corporate Ventures, International Airlines Group (IAG), Hostplus, Clean Energy Ventures, IP Group/Kiko Ventures, Aramco Ventures, Eni Next, Braavos Capital, the University of Oxford, and TCVC.
Led by CEO Andrew Symes, OXCCU is turning carbon dioxide and hydrogen into sustainable aviation fuels (SAF)- a breakthrough that could help transform the aviation industry’s carbon footprint. The raise underlines how urgent the push has become to decarbonize heavy transport sectors, especially aviation, which faces some of the hardest technological barriers to net-zero adoption.
What OXCCU Tech Ltd Offers
OXCCU has built technology that can convert captured CO₂ into sustainable drop-in fuels and chemicals, compatible with today’s aircraft engines and infrastructure.
- Sustainable Aviation Fuels (SAF): Engine-ready, no major fleet changes required.
- Carbon Recycling: Using waste CO₂ to build a closed carbon loop.
- Scalable Engineering: Pathways for scaling from pilot plants to commercial facilities.
By making fuels that slot seamlessly into existing systems, OXCCU is solving one of climate tech’s toughest puzzles: delivering solutions that don’t ask industries to pause, retool, or take massive risks to adopt.
Why This Funding Matters Now
The aviation sector contributes ~2.5% of global CO₂ emissions, and demand for flights is only projected to rise. While electrification and hydrogen promise long-term solutions, they’re decades away from being practical for long-haul aviation. SAF is the only immediate, scalable option.
- SAF demand could grow from $1.2 billion in 2023 to $16.8 billion by 2030 (47% CAGR).
- IATA projects that 65% of aviation’s net-zero targets will depend on SAF adoption.
- The EU has already mandated 6% SAF usage by 2030, with even stricter rules on the horizon.
This is the environment in which OXCCU is scaling- and here’s where the most powerful insight for founders comes through.
It’s tempting to believe that disruption always means reinventing the entire system. But OXCCU proves the opposite: sometimes the breakthrough is building a solution that integrates seamlessly with what already exists. Airlines cannot afford to wait for hydrogen planes or to rebuild global airport infrastructure. By focusing on drop-in fuels that work today, OXCCU reduces friction and accelerates adoption.
That’s the ultra value drop: founders who design products that minimize adoption friction often outpace those chasing radical reinvention. Customers don’t always need a new paradigm- they need a way forward that feels safe, immediate, and scalable. In markets where disruption seems impossible, the edge comes from building bridges, not barriers.
Strategic Backing from Industry Leaders
OXCCU’s investor list shows strategic alignment:
- IAG (British Airways, Iberia, Aer Lingus): Direct offtake demand from airlines.
- Safran Corporate Ventures: Aerospace supplier backing ensures integration.
- Aramco Ventures & Eni Next: Energy giants betting on low-carbon fuels.
- University of Oxford: Anchoring the tech in world-class research.
- Clean Energy Ventures & Kiko Ventures: Climate-focused partners with scale expertise.
This mix of industrial operators, investors, and academia gives OXCCU both credibility and a clear commercialization path.
Market Outlook: The SAF Boom
The SAF industry is accelerating into one of the world’s fastest-growing climate markets:
- Global demand could surpass 450 billion liters annually by 2035, compared to less than 0.1 billion liters in 2023.
- Airlines worldwide have signed long-term SAF offtake agreements worth billions of dollars.
- U.S. and EU governments are funneling billions in subsidies to catalyze production.
OXCCU is positioning itself at the center of this surge, bringing technology that meets both regulatory mandates and industry urgency.
The Vision of Andrew Symes
Andrew Symes envisions OXCCU not just as a fuel company but as a platform for industrial decarbonization. By combining advanced chemistry with practical engineering, his team is turning climate necessity into a growth engine.
For him, the mission is dual: enable global climate goals while creating an industrial model that can scale profitably. It’s not just about emissions- it’s about building the infrastructure for a new energy economy.
Lessons for Other Founders
OXCCU’s journey offers founders lessons with universal reach:
- Frictionless adoption wins. The faster customers can implement your solution, the quicker you scale.
- Regulation can be your tailwind. Don’t fear mandates- design products that make compliance easy.
- Pick investors with operating power. Industry insiders can create doors that capital alone cannot open.
- Innovation isn’t always radical. Sometimes the smartest move is making the system work better, not replacing it.
What’s Next for OXCCU
With $28 million secured, OXCCU is set to:
- Scale production capacity for sustainable aviation fuels.
- Secure airline partnerships and long-term supply agreements.
- Expand into adjacent industrial applications beyond aviation.
- Recruit top technical and operational talent to accelerate commercialization.
If successful, OXCCU could play a pivotal role in reshaping aviation’s carbon future- proving that climate innovation doesn’t just need ambition, it needs adoption-ready solutions.
Final Thoughts
OXCCU Tech Ltd’s $28 million Series B represents more than funding- it signals how the aviation industry is leaning into immediate solutions for carbon reduction. With strategic investors and technology that reduces friction in adoption, Andrew Symes and his team are turning decarbonization into reality today, not decades from now.
For founders, the insight is clear: the path to industry-changing impact isn’t always building the future from scratch- it’s building the piece that makes the future possible right now.