Lyon, France - January , 2025
ATOBA energy, a leading midstream SAF aggregator focused on accelerating the aviation industry's energy transition through solving the financial dilemma between airlines and producers, is proud to announce the successful completion of its oversubscribed $1.5 million pre-seed funding round.
ATOBA is strategically incorporating every segment of the SAF industry into its capital structure, unifying the SAF financial value chain and unlocking long-term offtake agreements to secure industrial-scale growth.
The pre-seed round was backed by an exceptional aggregation of investors drawn from 4 major streams of the SAF value chain: climate investors, clean energy production , clean energy services, and hard to abate transportation.
The proceeds will primarily be used to expand its operations and scale its short term and long term offtake agreements with producers, airlines, and jet fuel resellers.
Arnaud Namer, CEO and co-founder of ATOBA energy said:
“This fundraising milestone marks a significant step in ATOBA’s mission to unlock the SAF value chain, which is currently in a stalemate position. The support we have received from such an esteemed group of investors underscores the growing demand for innovation in the sustainable aviation fuel market and reflects the momentum we are building in developing financial solutions to scale the SAF industry. We are thrilled by the enthusiasm around our value proposition and team, and we look forward to driving aviation efficiently towards a more sustainable future.”
Currently, the SAF market is facing challenges in expanding at the rate demanded by environmental needs and regulatory mandates. Producers need long-term, stable pricing contracts to amortize their investments, while airlines seek assurance of optimum market prices to benchmark indexes with mitigated technology and execution risks. This conflict of expectations does not enable SAF production projects to be financed and built. If the industry doesn't solve this issue, aviation will never reach its climate goals for which SAF needs to ramp up from a $2B market in 2025 to a forecasted $400B+ market in 2050.
ATOBA uniquely closes this SAF financial dilemma through its upstream and downstream SAF offtake portfolio management, mitigating technological and pricing risks associated with various SAF production pathways. By doing so, ATOBA enables the closing of long term offtake agreements among airlines, jet-fuel distributors, SAF producers, and financial institutions, which are essential for scaling the industry.
About ATOBA energy
ATOBA is the midstream Sustainable Aviation Fuel (SAF) aggregator that provides to airlines and jet fuel resellers long-term SAF contracts to optimized market SAF pricing indexes thanks to demand and supply aggregation. We bring high security and competitiveness to the SAF supply chain of our airline partners via offtake from diversified producers and technologies, best-in-class sector expertise, and strategic participations to the SAF projects’ equity. ATOBA aggregation strategy enables the scaling of the SAF industry by providing long term offtake agreements to producers that support their Final Investment Decisions for their production projects.
For media inquiries: press@atoba.energy