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Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation

prometheusfuels.com

1–10 of 124 posts

Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation

#4
Trying to click this on my phone in a low-service area (I waited 10 seconds and got nowhere besides a loading screen) is a great reminder of why companies should strive to have at least some of their materials — anything related to fundraising is a good candidate — in plaintext.

Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation

#6
The website really glosses over the part where they turn alcohols into gasoline. Is this an existing technology that is already available? I dont know as I'm not really plugged into energy generation technology.

Also, it says that Titan turns 9 millions kilotons of CO2 into 1 million gallons of gasoline. Does it actually do this or is that what they expect it to do?

Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation

#8
I haven't had a loading screen for that long on a website, or a framerate that low, since I last used Flash in 2007.

This is a shame because I think the company does something interesting? I'm not sure, because the website is getting in the way of understanding what it is, but reading the Wikipedia entry it sounds fascinating: https://en.wikipedia.org/wiki/Prometheus_Fuels

Re: Prometheus Fuels (YC W19) Closes Series B with $1.5B Valuation

#9
There was a lot of excitement around this business in their Launch HN post [1]. I recall the reception being positive and the technology sounding legit, not snake oil. Pretty cool to see that they've been plugging away and must have got the interest of some big players.

[1] https://news.ycombinator.com/item?id=19842240

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