ClearFlame Engine Technologies closes $3M in initial financing

In Illinois, ClearFlame Engine Technologies, the developer of an innovative clean combustion engine technology, announced the closing of a $3 million initial financing. Clean Energy Ventures led the financing with participation from several other investors. The funding allows ClearFlame to accelerate demonstrations of its breakthrough engine technology, which offers the same performance as a diesel engine with up to 90 percent lower CO2 emissions, pursue instrumental partnerships and expedite commercialization. ClearFlame recently completed a proof-of-concept demonstration of their technology on a Caterpillar engine at Argonne National Laboratory, and is preparing for a commercial prototype demonstration on a Cummins 15L engine.

ClearFlame’s engine technology easily integrates into existing engine platforms, allowing it to retain the same high torque, fuel efficiency and durability benefits currently associated with diesel engines, while eliminating the need for expensive after-treatment installations such as Selective Catalytic Reduction systems. By replacing high-carbon, petroleum-based fuels with 100 percent low-carbon, renewable fuels, ClearFlame’s technology significantly reduces net CO2, along with NOX (smog), SO2 and particulate matter emissions to meet increasingly rigorous industry regulations like California’s “near zero NOX” standard while simultaneously reducing overall engine costs.