Indigo Partners led a $50m funding round in CleanJoule.

Indigo Partners, a US-based private equity firm, led a $50m funding round in CleanJoule, a US-based startup focused on the production of Sustainable Aviation Fuel, with participation from GenZero and Cleanhill Partners. “The aviation industry presents a key frontier in carbon emissions mitigation. There has never been a more crucial time for us to lead the change than through viable sustainable fuel alternatives. As we advance on the commercialization of our fuel technology, CleanJoule is well-positioned to scale the supply of SAFs in the market and shorten the runway in the transition towards a greener aviation industry. We are proud to have the support of our new investor partners, who not only share our mission but who have chosen to place their capital and trust in us to drive the transformation of global aviation," Mukund Karanjikar, CleanJoule Co-founder and CEO.