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.

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.

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.

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.

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.

FuelGems

Nanotechnology fuel additive which makes fuel more efficient and cleaner

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fuelgems.com

Austin, TX

B2B Energy Science & R&D

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Luke interviewed FuelGems on October 15, 2020. Play Video

Luke Iseman

Founder of boxouse, growerbot, Soil IQ, Dirtnail, and more. Former Director of Hardware at Y Combinator.

Strengths

says, "If your claims of 10% greater mpg and 50% less emissions can be supported with real-world field studies, this could be huge!"

Advice

says, "Very clear real-world data coupled with a concise explanation of your unit economics will go a long way towards convincing people this is real."

What Investors Say

COO UFuture

LEAD INVESTOR

Invested $10,000 this round

I invested in FuelGems for multiple reasons. Their team and product will change the world when it comes to using gasoline and diesel. Using diesel and gasoline produces emissions such as unburnt hydrocarbons and particulate matter which cause air pollution and cause heart disease and cancer. FuelGems will save lives. Equally important is the fact that only a tiny amount of 1 to 5 grams of their nanoparticles, which are made of carbon and are safe, are needed to treat 260 gallons of fuel. This is hundreds of times less of active materials than what competitors use in their additives. This tiny amount of additive needed makes FuelGems product very cheap and universally applicable across the huge $3.5 trillion worldwide fuel sector. Kirill and his PhD scientists are an excellent mix of scientific and business talent. The technology is patented and ready for mass production. They bootstrapped the development of the fuel additive and its production method and their pricing of this round is a great bargain because such product would have cost million to develop if was done by a big company. I love the fact that they ran almost every possible type of test of their technology and the results are nothing short of amazing: reduction in greenhouse gasses by 50%, reduction in consumed fuel by 10%, increased lubrication of engine and components all while customers realize huge ROI numbers.

Their worldwide traction is also amazing. What I love even more is the fact that such a small amount of nanoparticles is needed to treat fuel. This lets them price multiple times cheaper than other fuel additives and win a huge market share very quickly. They didn’t spend any money on marketing and huge corporations are contacting them. Such strong demand means that their product is badly needed. They have traction with multi-billion Oil&Gas companies. Just one client of this caliber will bring $30 million in annual revenue. This is extremely exciting because getting 15 clients will sky rocket the company’s annual revenue into hundreds of millions relatively quickly. I believe the company has incredible growth ahead and I am very excited to get in with FuelGems at an early stage and to be the lead investor in this deal.

FuelGems

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