SAFFiRE Renewables

Follow the Money: Web3 Infrastructure Startup Raises $66M, Dallas SPAC Set to Take Bus Services Firm Public, Fort Worth VC Raises $4M for Third Fund, and More

by | Jun 3, 2022
Plus, stealthy Dallas startup LibLab raises $42M; Fort Worth biotech Sanara raises $15M; UPS Acquires Plano-based Delivery Solutions; Four Seasons in Las Colinas finds new owners; and more North Texas deals.
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Southwest Airlines Invests in Startup That’s Turning Corn Waste into Jet Fuel
by | Jun 1, 2022
As part of a Department of Energy-backed effort, Dallas-based Southwest Airlines is investing in SAFFiRE Renewables, a new startup that aims to turn corn waste into sustainable aviation fuel. Once the product is fully tested, SAFFiRE says about 7.5 billion gallons of sustainable aviation fuel could be produced by 2040. Southwest CEO Bob Jordan calls the technology "game-changing."
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