Climate Tech Startup Lydian Scores $43M in Series A Funding

Lydian, a Boston, MA-based provider of synthetic aviation fuel production solutions, raised $43M in a Series A funding round led by Breakthrough Energy Ventures.

The round also saw participation from AP Ventures, Builders Vision, Congruent Ventures, Galvanize, Grok Ventures, Overture, Union Square Ventures, and Voyager Ventures.

The company will use the fresh capital to launch and scale its PIVOT™ synthetic fuel production platform, aimed at making sustainable aviation fuel more cost-effective and commercially viable.

Funding Snapshot

About Lydian

Founded in 2021 by Joe Rodden and Branko Zugic, Lydian develops cost-competitive sustainable aviation fuel technologies. The company's proprietary PIVOT™ platform converts captured carbon dioxide and hydrogen into ASTM approved, drop in sustainable aviation fuel through a fully integrated and modular production system.

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Unlike traditional synthetic fuel production methods that rely on large, customized facilities, Lydians technology utilizes factory built modules that simplify deployment, reduce capital expenditure and improve operational efficiency.

Core offerings include:

• Sustainable aviation fuel production solutions.
• Modular synthetic fuel production systems.
• Carbon dioxide, and hydrogen conversion technologies.
• Full stack synthetic fuel facility development.

Core Technologies / Products / Services