Prometheus Fuels, Inc.

SANTA CRUZ, CA · Founded 2018 · Clean tech · Private

Carbon-neutral liquid fuels produced via direct air capture and hydrocarbon electrolysis

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Updated · prometheusfuels.ai

Sector
Clean tech
Headquarters
SANTA CRUZ, CA
Founded
2018
Latest Form D
$11.5M, Mar 2020
Total capital
$11.5M
Federal grants
None on recordNo awards found in SBIR/STTR, NIH, NSF or DoD records.
Private capital raised
$11.5M
1 Form D · last Mar 2020
79 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
2
19 pending · first 2020
Rank in peer group#2 of 10

Capital timeline

2020FEDERAL ↑EQUITY ↓Cumulative $11.5M1st Form D$11.5M
2020FEDERAL ↑EQUITY ↓Cumulative $11.5M1st Form D$11.5M

Latest events

  • Private capital raisedForm D · SEC · 1st filing$11.5M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 10 peers

Line = median

Clean tech · Molecule

  • Granted patents#2 · top 20%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

Researcher links verified by same-company patents and grants
  • Robert L. McGinnisResearcherExecutive Officer, Director, PromoterLinked by 2 patents

What it has protected

USPTO · 2 granted of 21
  • PendingElectrochemical Upgrading Of Reduced Carbon ProductsUSPTOApplication 18949204
  • PendingFunctionalized Surfaces For Conversion Of Carbon DioxideUSPTOApplication 18110290
  • PendingIntegrated Direct Air Capture And Electrochemical Reduction Of Carbon DioxideUSPTOApplication 18233196
Show all 21 patent records
  • Electrochemical Upgrading Of Reduced Carbon ProductsFeb 27, 2025 · Application 18949204Pending
  • Functionalized Surfaces For Conversion Of Carbon DioxideAug 15, 2024 · Application 18110290Pending
  • Integrated Direct Air Capture And Electrochemical Reduction Of Carbon DioxideJul 4, 2024 · Application 18233196Pending
  • Functionalized Surfaces for Conversion of Carbon DioxideJul 4, 2024 · Application 18482789Pending
  • Methods And Systems For Fuel ProductionMar 5, 2024 · US 11,920,248Granted
  • Methods And Systems For Fuel ProductionFeb 1, 2024 · Application 18482777Pending
  • Integrated Direct Air Capture Of CO2 For Aqueous Electrochemical Reduction Of CO2Aug 25, 2022 · Application 17317686Pending
  • Methods And Systems For Fuel ProductionJun 18, 2020 · Application 16780475Pending
  • Methods And Systems For Fuel ProductionMar 17, 2020 · US 10,590,548Granted
  • Electrochemical Upgrading Of Reduced Carbon ProductsApplication PCTUS2023022428Pending
  • Selectable Fuel CompositionsApplication 63600428Pending
  • Electrochemical Upgrading Of Reduced Carbon ProductsApplication 63343018Pending
  • Integrated Direct Air Capture And Electrochemical Reduction Of Carbon DioxideApplication PCTUS2022017097Pending
  • Integrated Direct Air Capture Of CO2 For Aqueous Electrochemical Reduction Of CO2Application 63217207Pending
  • Systems And Methods For Optimizing Fuel Production From Behind-the-meter Solar PowerApplication 63632456Pending
  • Integrated Direct Air Capture Of CO2 For Aqueous Electrochemical Reduction Of CO2Application 63188238Pending
  • Systems And Methods For Fuel ProductionApplication 63632465Pending
  • Integrated Direct Air Capture Of CO2 For Aqueous Electrochemical Reduction Of CO2Application 63151303Pending
  • Selectable Fuel CompositionsApplication PCTUS2024056208Pending
  • Methods And Systems For Fuel ProductionApplication PCTUS2019066787Pending
  • Systems And Methods For Optimizing Fuel Production From Behind-the-meter Solar PowerApplication PCTUS2025023966Pending
  • ROTOHEATER LLCSimilar federal contract value in Clean tech · null in contracts
  • RESBONDS INTERNATIONAL CORPORATIONSimilar federal contract value in Clean tech · null in contracts
  • Oberon Fuels, Inc.Similar federal contract value in Clean tech · null in contracts
  • Redivivus, Inc.Similar federal contract value in Clean tech · null in contracts
  • Glanris, Inc.Similar federal contract value in Clean tech · null in contracts
  • SPIRITUS TECHNOLOGIES, PBCSimilar federal contract value in Clean tech · null in contracts

Regulatory activity · Clean tech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .