FuelFWD secures Seed Investment from Value Factory Ventures, Docklab Ventures and the Port of Rotterdam
Summary
FuelFWD, the Rotterdam-based startup focusing on digital solutions for the renewable fuels sector, has successfully completed a seed investment round. The raised capital will be used to accelerate the companys growth and further develop its innovative solution.FuelFWDs mission is to streamline the renewable fuels market by eliminating the burden of compliance and providing traceability. FuelFWD offers an advanced software solution for companies in the renewable fuels sector, where compliance administration is often time-consuming and costly. This enables biofuel and e-fuel producers and traders to work far more efficiently, reduce costs, and drastically mitigate risks of non-compliance.What makes the solution unique is that FuelFWD can function not only as Software as a Service (SaaS) but also as Platform as a Service (PaaS) when multiple parties within the supply chain use the software. Furthermore, the software is independent of certifications or specific sustainable fuels and provides control, efficiency, and auditability from day one.