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OptiFuel Systems LLC

Transportation and Rail Technology ~90 employees
Founded
--
Employees (Est.)
~90
6 leaders known
Total Funding
$26.2M
Funding Rounds
1
Last Funding
2024-11-20

About OptiFuel Systems LLC

OptiFuel Systems is dedicated to accelerating the transition to Total-Zero™ emissions by providing customer-focused solutions for North American railroads. Their mission is to reduce fuel costs, enhance operating efficiency, and offer an affordable, low-risk pathway to achieving net-zero emissions.

Products & Services

Locomotives:Total-Zero™ Diesel-Hybrid, Dual Fuel, Hydrogen, and Battery-Electric Switcher and Line Haul Locomotives with up to 40% fuel efficiency, near-zero emissions, and net-zero GHG in Dual Fuel mode.
Power Generation:Solutions for power generation with a focus on sustainability and efficiency.
Semi-Trucks:Alternative fuel solutions for semi-trucks to reduce emissions.
Marine:Emission-reducing technologies for marine applications.
Refueling Solutions:Innovative refueling systems, including CNG stations for rail, supporting alternative fuels.
Renewable Fuels:Focus on renewable fuel technologies to support net-zero emissions goals.

Specialties

Zero-emission locomotives Alternative fuel technology Dual Fuel and Hybrid systems Renewable Natural Gas (RNG) Battery-Electric solutions Refueling infrastructure

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Grant (CRISI Awards)
T: -
FT: Grant (CRISI Awards)
A: 26155673
MR: -
FA: $26,155,673
FAN: 26155673
D: 2024-11-20
FD: 2024-11-20
2 investors
Grant (CRISI Awards) Latest
2024-11-20
$26.2M
2 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

S

Scott Myers

CEO

M

Michael Barnes

VP Manufacturing Operations

W

Wolfgang Fengler

VP Fuel Storage Systems

S

Scott Zepp

VP ReFueling Infrastructure

P

Paul Ross

Chair, Managing Board

C

Cynthia Heinz

Manager

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Recent News

OptiFuel Systems LLC Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Transportation and Rail Technology
Company Size
~90 employees (est.)

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