# FuelGems

Nanotechnology fuel additive which makes fuel more efficient and cleaner

## Elevator pitch
We developed a revolutionary fuel additive that greatly improves the cleanness/performance of Gasoline, Diesel, Bio-fuel. Tiny amount of 5 grams of nanoparticles are needed to treat 260 gallons of fuel, making our additive one of the most powerful and affordable on the market. Users gain up to 1000% ROI. Our additive reduces greenhouse gas and emissions up to 50%, increases engine/fuel pump lubrication and saves fuel.

- Canonical URL: https://wefunder.com/fuelgems
- Entity ID: wefunder:company:64028
- Last updated: 2026-06-06T05:01:01Z
- Generated at: 2026-06-06T17:26:08Z

## Quick facts
- 🦄🥇🚀One of the most powerful and clean fuel additives in history for the $3.5 trillion market.
- 🚀Founder achieved 2 exits, his startups raised $20+ mln, completed IPO at $130 mln valuation.
- 💰Revenue potential from pilot company trials $50+ million.
- Client pipeline are multi-billion companies: BP, Marubeni, PKN ORLEN, Suncor Energy.
- 📈FuelGems believes the additive can generate $400+ million in revenue.
- Patented technology which is up to 800x more powerful than competing additives.
- 🌍Reduces fuel consumption by up to 8% (user ROI up to 1000%) and reduces emissions by up to 50%.
- 🔥VC investor: Sputnik ATX. Managing Partner holds PhD in physics from Ivy League.

## Active fundraises
- wefunder:fundraise:41953: 506(c) successful (USD)
- wefunder:fundraise:36410: 4(a)(6) successful (USD)

## Story
And the biggest corporations in the world want in.FuelGems' incredibly powerful fuel additive skyrockets the cleanness and performance of Gasoline, Diesel and Bio-fuel used for all modes of transport and electricity generation.  The additive reduces fuel consumption by up to 8%, increases lubrication of the engine and its components and reduces greenhouse gasses and dangerous emissions by up to 50%!A tiny amount of 1-5 grams of our environmentally friendly active material is needed to treat 260 gallons of fuel.  This is a whooping 800 times less than some competing fuel additives.  The additive is very affordable and easy to use in the massive $3.5 trillion fuel industry.  It can be added to fuel by anyone who operates any mode of transport, gas station operators or refineries.Diesel and gasoline will power 80% of all vehicles by 2050. Fuel is not efficient, dangerous and deadly for the environment and human health. The world needs a solution today. Investor Testimonials Dr. Oksana Malysheva - Managing Partner at Spuntik ATX  & Ph.D. Physicist from University of PennsylvaniaJoe Merrill - Partner at Sputnik ATX Volodymyr Khmurych, CFA  - Angel InvestorFuelGems additive is easy to use. Nanoparticles are dissolved in gasoline or another solvent, then this solution is added to fuel.FuelGems is currently at a pilot and pre-pilot stage with some of the world’s largest corporations.  We believe, based on our experience in business, demand from such large corporations signals this product is red hot.  If the three companies in the pilot stage convert to clients, at full capacity, have the potential to deliver about $50 million in annual revenue to FuelGems.We believe we can price our additive up to 20x less than competition and this pricing advantage will allow us to dominate the market world-wide.  We believe we can generate up to $400 million in annual revenue from only 15-20 clients.FuelGems believes it is on a trajectory to become a billion dollar company.Our immediate goal is to provide our additive to the largest and most lucrative segments. We estimate that one refinery alone would result in $27 million in annual revenue. There are 220 refineries in USA and Europe.We estimate that a gas station operator with 500 stations would result in $12 million in annual revenue. There are 220,000 gas stations in USA and Europe.FuelGems has demand in key regions of the massive $3.5 trillion fuel market. FuelGems has the potential to generate annual revenue of $400 million to $1 billion. At this revenue FuelGems will do an IPO or can be acquired by a company such as Chevron or BP.FuelGems’ CEO is an award-winning business leader who has vast experience and a winning track record in investing in and running companies, with a number of his startups having achieved successful exits. Our world-class scientific team consists of six Ph.D. scientists in disciplines such as chemical engineering, nanotechnology, electro-chemical engineering, physics, chemistry and automotive engineering. The scientific team developed a groundbreaking plasma generator that creates powerful carbon-based nanoparticles. These nanoparticles are combined with gasoline or another solvent and are then added to fuel. FuelGems completed state of the art testing on engines at multiple research institution facilities.  The reduction in fuel consumption of 8% was achieved with nanoparticle concentration of 3 grams per 260 gallons of fuel and the reduction of unburnt hydrocarbons by 49.5% was achieved with nanoparticle concentration of 5 grams per 260 gallons of fuel. What makes these nanoparticles so special is this: Only a micro-dose of 1 to 5 grams of these nanoparticles is needed per 260 gallons of fuel. Some standard fuel additives typically require anywhere 200x to 800x more additive for the same amount of fuel. In addition, our additive comes at a fraction of the cost of competitors (3x – 20x lower) due to our special manufacturing process. We believe, the end result is that our nanoparticle will create never-before-seen levels of savings and ROI for the fuel industry and reductions in emissions.But it gets better – because our additive is as powerful as it is flexible. It can be added at the refinery level, at the distributor level (added to directly to gas stations, underground tanks and more) or even to fuel tanks by individual drivers. We believe, the carbon-based nanoparticles are also completely safe for the environment and will gain EPA registration. EPA allows registration and usage of fuel additives which are made from Carbon, Hydrogen, Nitrogen, Oxygen and Sulfur. On top of this, we’ve taken exhaustive measures to test our additive for over 5 years at various research institutes and in over 1,000,000 miles of real-world driving in order to guarantee safety and environmental effectiveness.We’ve taken every measure to ensure that our solution leads to cleaner air, a better planet and a brighter future for all.

## FAQ
1. **How will you go to market and when will you make money?**
   - We have several companies who want to start using the product. One multi-billion company is giving us a signed MOU. Upon funding we will expand our manufacturing capacity and estimate we will generate revenue in two months.
2. **I am thinking to invest. Is your technology ready and is it patented?**
   - Thank very much for your interest Frank. We look forward to have you as an investor. Our technology has been ready for mass production and licensing. Our friends and colleagues drove over 1 million miles using FuelGems additive. They said they achieved up to 15% in fuel saving, they liked the product and they purchased the additive from us. Our production capacity is small. This raise will enable us to greatly expand the production of the additive.
3. **The idea and potential of your product is huge. Who are your current investors and how did they verify that your additive works?**
   - Sputnik ATX, a venture capital firm, invested in FuelGems. Sputnik ATX is headed by an Ivy League PhD physicist. The investors were familiar with the foundation of FuelGems technology, went over the technical information FuelGems provided, had discussions with FuelGems scientist and also provided funds for extensive engine testing of the additive. The testing was extensive and successful and was conducted using state of the art engine cell testing facility at Coventry University, United Kingdom.
4. **Will fuelgems expand to Europe/UK/Worldwide?**
   - FuelGems will sell and license its technology worldwide. At this point we are in pilot/pre-pilot projects with corporations which are located in USA, Asia (Japan) and Europe.
5. **Is your intellectual property protected?**
   - Our patent protects our nanoparticles. We plan to make our IP protection much stronger. We work with one of the best patent law firms our there.

## Team
- Kirill Gichunts (CEO)
- Jacek Jasinski, Ph.D. (Nanotechnology Scientist)
- Timothy Rose, Ph.D. (Automotive Engineer and Scientist)
- Irina Nazarova Ph.D. (Scientist)
- Yaroslav Bereznitsky, Ph.D. Candidate (Chemical Engineer)
- Roman Tarasenko,  Ph.D. Candidate (Chemical Engineer)

## Q&A
- Q: Hello Kirill, In the future when you have made some progress ramping up your production for the retail side of the business have you considered sending Gov. Newsome's office in Sacramento a case of FuelGems with a nice reducing California Pollution cover letter. One never knows, via Executive Order FuelGems may just end up being the "Pollution Reducing Solution" for the entire State, Country, Globe. You may have a problem writing licensing agreements with every business connected with Petroleum and Chemical. An easy way to be a Lobbyist, a case of FuelGems with a cover letter to the Governor of state A,B,C etc. You are now addressing and attacking the issue from the top down. Can you think of any reason why any Government would not become an advocate for your technology? Cheers
  - A: Hi Joseph, That is a great point. Thank you for investing and thank you for your support. Our additive is safe, greatly reduces emissions and is very affordable. We definitely will go after governments and will try to have government offices support us. Its win win scenario for people and the environment. If we get lucky and the government mandates the use of the additive and its implemented top down this would be an amazing win for everyone! We will work our hardest to try to make this possible.
- Q: Hi Kirill, Thanks for driving forward this impactful technology and for diligently answering everyone's questions. Had a few questions to help better understand the risk & payoffs, to make sure i am investing at the right order of magnitude: 1. When do you expect first revenues? and in what segment (e.g. gas v diesel, US v Japan v EU, on road v heating v machinery)? 2. What would it take for your pilot / pre-pilot partners to give you revenues? What milestones need to be hit in these pilots? 3. How much cost are you expecting to incur over the course of 2020? 4. What exactly is the role of the reactors? are they purely for making the additive? 5. Can i buy a consumer-sized sample of your product right now? (Watching it effectively run inside my vehicle would give me a lot of comfort and higher willingness to bet big) 6. What milestones do you need to hit in order to achieve the 2021 financial projection of $1.5M revenue / $.4M EBITDA? (e.g. how many units of your product do you need to sell to make this amount of revenue, and what are the unit costs? phrased otherwise, can you please share your revenue per unit, cost per unit, and sale volumes expected in 2021?)
  - A: Hi Michael, Great to get financial questions. 1.We believe we could see the first revenues to come in Q1 2021. Diesel could be faster because it is more problematic. We suspect revenues will be from fleets and the retail segment (convenience stores at gas stations), then gas station operators and then refineries. Geographies are USA and Europe. The market is very big with lots of segments. We received demand from all these segment. While we need a sharp focus we would like to find customers that are quick to close. We will do a wider marketing push, generate a strong pipeline, pursue different segments and different type of customers in order to narrow down to quickest conversions to clients. And convert pipeline potential customers in due course. 2.They just need to see savings and/or reductions in emissions which is instant. We believe we can get purchase orders quickly once they see the results. 3.2020 will roughly require $75k-$150k spending. This amount includes marketing, hardware, patents, additional support staff. 4. The reactors are for production of the nanoparticles. After further processing the additive is made. 5.I suppose we could send you a sample. We probably would like put an NDAs in place. We would suggest to do an engine bench test. These can be done for as little as $5 but are much informative because everything is controlled by computers and done according to standards. For instance, headwind on the road could influence your results the day you use the additive. 6.This is sensitive information, we can provide this to you, would please send me an email? kirill@fuelgems.com
  - A: Hi Michael, I would happily share our financial forecast with you. Please get in touch with me directly.
- Q: How is the company doing? As I watch the country gas prices rise, I wondered if investors are making money. can we get an update? Thank you.
- Q: When is the next investor update?
- Q: There was a raise earlier this year on Republic that has some updates: https://republic.com/fuelgems
- Q: I have not received any updates on FuelGems in a very long time. When was the last update? Is the company still viable or was my investment a poor decision?
- Q: Hi Kirill, I have learned that not all SAFEs are created equal. They are usually NOT investor friendly. 1. So what if the SAFEs does not convert for an triggering event? 2. Do you or not, planning on having the Next Equity Financing before the SAFE Expiration Date to assure the investors that FuelGems SAFE contract does or does not favor the investors.
  - A: Hi Riley, Thank you for your questions. Our SAFE converts automatically to common stock in March of 2021. Investors have nothing to worry about with FuelGems SAFE. There is a chance we will have an equity investor before than, and if we do, the trigger to convert to stock will take a place a little sooner.
- Q: Hi Kirill...I wrote to your company email as I wanted to offer some contacts I have in the refinery business in Houston and also overseas. I'm sure you have these contacts established but wanted to help any way I could to assist in your/our success. Thank you sir.
  - A: Hi Aristides, Thank you for your investment. It would be great if you connect us to the refineries. Just amazing. I saw the form submission and will email you shortly. Many thanks!
- Q: Echoing the same sentiments as other investors...Kirill, what is going on with our company?
- Q: Hi Kirill, thanks for taking the time from your busy schedule to look at these questions! With the Startengine round closed I would love to receive a new financial update. From what I can remember from your startengine campaign it sounds like you had some difficulty getting sales but some luck in starting to build a european production facility. What else can you share?
  - A: Hi Jeremy, we have a pretty strong pipeline that we are working to convert. We are focused on Oil&Gas companies, gas station operators and fleets. Please follow us on https://www.startengine.com/offering/fuelgems for the most recent updates and progress.
- Q: an update related to how the recent run up in commodities prices impact FG would be appreciated
  - A: Hi Richard, Thank you for your question. It seems that the high oil prices and volatility in the economy (signs of recession) is driving higher demand for FuelGems. Please check our progress updates on startengine.com/offering/fuelgems
- Q: Hi Krill, when can we get an update on what's happing with FuelGems? Do you have an year end update?
  - A: Hi Keith, we worked to create production, tested the additive (and it worked great), worked to file further patents globally and are now working to send our additive to clients to get contracts. We are also working on government grants.
- Q: Big oil (Shell, Exxon, Chevron, IEA) has been in the news recently. Below is a link to a long and interesting article from ForeignPolicy. The last paragraph was a good summary so here it is Forcing oil majors to curb investment only leads to emissions reductions if global oil demand declines, too. Otherwise, underinvestment creates economic, political, and geopolitical risks that could actually undermine the rapid decarbonization needed to combat the climate crisis. Last week’s court ruling and shareholder votes may have been a blow to the oil industry, but they will only be a blow to climate change if stronger policies, incentives, and innovation work in tandem to rapidly curb oil use and emissions. https://foreignpolicy.com/2021/06/03/big-oil-shell-exxon-chevron-emissions-climate-change-production-supply-demand-cuts-risks/?utm_source=Center+on+Global+Energy+Policy+Mailing+List&utm_campaign=1ec0fc17ef-EMAIL_CAMPAIGN_2019_09_18_12_40_COPY_02&utm_medium=email&utm_term=0_0773077aac-1ec0fc17ef-102493037 FuelGems could very well have a role in “innovation work(ing) in tandem to rapidly curb oil use and emissions.”
  - A: Hi Roger, Merry Christmas and Happy New Year! I agree. And this very well could take place once we become a bit bigger. We are seeing very strong demand and once we become bigger there is a good chance we will work with multiple Oil&Gas companies around the world to reduce CO2 footprint and other pollutants.
- Q: Hi team - Just curious on the third party website you and the team will be using for the future for investors, hope all is well, thanks.
  - A: Hi Matt, Thank you for your question. For now please refer to updates that we post on startengine.com/offering/fuelgems and in the future we will run email newsletter updates and possibly add a news section on our website with major announcements.
- Q: when does this stock hit the market
  - A: Hi April, we still need at least a few years to go IPO. But its something we'd love to do because it will allow the largest possible coverage of the markets.