Velocys: Funding, Investors & Team (Aug 2026)
Velocys is the company at the forefront of smaller scale gas-to-liquids (GTL) that turns natural gas or biomass into premium liquid products such as diesel and jet fuel. Smaller-scale GTL adds value to shale gas and bio-waste and makes stranded or flared gas economic – an untapped market of up to 25 million barrels per day. Velocys technology, protected by over 900 patents, is specifically designed for smaller scales, combining super-active catalysts with intensified reactor systems. The company’s standardized modular plants are easier to ship and faster to install, at lower risk, even in the most remote or challenging locations. Together with world-class partners, Velocys works flexibly to unlock gas resources of 15,000 to 150,000 MMBtu per day, allowing more companies to take advantage of more opportunities.
Velocys has raised $40.0M across 1 funding round on record, the most recent an undisclosed round of $40.0M announced in Feb 2024.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Velocys Company Profile and Key Stats
Latest funding round on record: Feb 2024.
Velocys Funding Rounds
Velocys Founders and Leadership Team
No contact details are on record for this team yet.
Velocys Funding Compared to Other Energy Startups
Velocys' latest round of $40.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Velocys Funding FAQs
What does Velocys do?
Velocys is the company at the forefront of smaller scale gas-to-liquids (GTL) that turns natural gas or biomass into premium liquid products such as diesel and jet fuel. Smaller-scale GTL adds value to shale gas and bio-waste and makes stranded or flared gas economic – an untapped market of up to 25 million barrels per day. Velocys technology, protected by over 900 patents, is specifically designed for smaller scales, combining super-active catalysts with intensified reactor systems. The company’s standardized modular plants are easier to ship and faster to install, at lower risk, even in the most remote or challenging locations. Together with world-class partners, Velocys works flexibly to unlock gas resources of 15,000 to 150,000 MMBtu per day, allowing more companies to take advantage of more opportunities.
How much funding has Velocys raised?
Velocys has raised $40.0M across 1 round on record. The most recent is an undisclosed round of $40.0M announced in Feb 2024.
When did Velocys last raise funding?
Velocys' most recent funding round on record is an undisclosed round of $40.0M, announced in Feb 2024.
Who founded Velocys?
FundedIQ lists David Pummell (Founder) at Velocys.
Where is Velocys headquartered?
Velocys is based in Houston, Texas, United States.
How many employees does Velocys have?
Velocys is in the 51-100 employee band.
How does Velocys' funding compare to other Energy startups?
Velocys' latest round of $40.0M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Velocys Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Velocys is left off this page rather than filled in.
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