Sunfire GmbH, a provider of liquid fuels and combustibles recently raised € 25 million venture capital in a series C financing round.
The German company also got a technology company Paul Wurth S.A. joined as the new lead investor. Notably, the company is part of the SMS group, the worldwide leading provider of equipment and plants for the metals industry. The existing Sunfire investors – INVEN Capital, Idinvest Partners, Total Energy Ventures and Sunfire Entrepreneurs Club also participated in the new financing round.