Buyofuel raised over $1.4 million in a pre-Series A led by Inflection Point Ventures

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Buyofuel, an online marketplace for biofuel and wastes, raised over $1.4 million in a pre-Series A led by Inflection Point Ventures where Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech also participated.

The startup has the largest supply base of quality assured-biofuels and fuel consumers, and it offers affordable waste and biofuel prices. The funds will be used to expand services across geographies and to develop product offerings and technology. According to the startup, it has the largest supply base of biofuels and fuel consumers. Buyer-base with a monthly purchasing capacity of more than 6,00,000 metric tonnes and a monthly selling capacity of more than 2,00,000 metric tonnes.

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Buyofuel raised over $1.4 million in a pre-Series A led by Inflection Point Ventures

Buyofuel, an online marketplace for biofuel and wastes, raised over $1.4 million in a pre-Series A led by Inflection Point Ventures where Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech also participated.

The startup has the largest supply base of quality assured-biofuels and fuel consumers, and it offers affordable waste and biofuel prices. The funds will be used to expand services across geographies and to develop product offerings and technology. According to the startup, it has the largest supply base of biofuels and fuel consumers. Buyer-base with a monthly purchasing capacity of more than 6,00,000 metric tonnes and a monthly selling capacity of more than 2,00,000 metric tonnes.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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