Company Overview
Snapshot
Founded in June 2023 by Shoham Gabizon, Nuel Advanced Technologies operates with 1–10 employees. The company has secured $8 million in total capital across three funding rounds. In July 2026, Nuel Advanced Technologies received a grant from the Israel Innovation Fund, marking a significant milestone in its development.
Business overview
Nuel Advanced Technologies develops solutions to enhance fuel efficiency and reduce air pollution within the Automotive & Mobility Technologies sector. The company's core technology improves engine combustion, leading to reduced fuel consumption and lower maintenance costs. Nuel also provides tools for accurately calculating carbon footprints, enabling companies to offset emissions or trade verified green points in global markets, addressing climate change through green fuels and emission reduction technologies.
Strategic signal
In July 2026, Nuel Advanced Technologies secured a grant from the Israel Innovation Fund. This non-equity funding event signals strong institutional validation for Nuel's green fuel and emission reduction technologies, reinforcing its potential to impact the climate tech and automotive sectors by advancing sustainable mobility solutions and carbon offsetting capabilities.
Company Intelligence Q&A
- What is Nuel Advanced Technologies' primary focus?
- Nuel Advanced Technologies focuses on developing solutions for carbon offset and fuel optimization. The company's technology aims to enhance fuel efficiency and reduce air pollution by improving engine combustion, decreasing fuel consumption, and lowering maintenance costs.
- When was Nuel Advanced Technologies founded and by whom?
- Nuel Advanced Technologies was founded in June 2023 by Shoham Gabizon.
- What significant non-equity funding did Nuel Advanced Technologies receive recently?
- In July 2026, Nuel Advanced Technologies received a grant from the Israel Innovation Fund. This grant supports the company's efforts in developing green fuels and technologies to reduce harmful emissions.
- What are the key benefits of Nuel Advanced Technologies' core technology?
- Nuel Advanced Technologies' proprietary technology improves engine combustion, resulting in a 15% reduction in fuel consumption, a 25% decrease in NOx emissions, and an 8% reduction in CO₂ emissions. It also helps lower maintenance costs for engines.
- In which markets does Nuel Advanced Technologies operate or target?
- Nuel Advanced Technologies targets geomarkets including Europe, the United States, Australia, Central Asia, and Central America with its fuel optimization and carbon offset solutions.