Oxylus Energy, a developer of carbon utilization technology, has received a $4.5 million investment led by Toyota Ventures and Azolla Ventures to advance the production of green methanol. The company's unique solution allows for the conversion of carbon dioxide into green methanol through a low-temperature, low-pressure process using a catalyst developed at Yale University. By mimicking green hydrogen electrolyzers, Oxylus creates methanol using only CO2, water, and electricity, making it a cost-effective technology for carbon conversion into alternative fuels. This innovative approach not only reduces energy expenditures but also has the potential to cut costs for fuel production while significantly decreasing carbon emissions. Oxylus Energy's green methanol can serve as a drop-in fuel replacement or be upgraded for use in jet fuel and other green petrochemicals, addressing the decarbonization challenges faced by sectors like aviation, shipping, and petrochemicals. The World Economic Forum suggests that green methanol could reduce CO2 emissions by nearly 95%, making it a crucial component in the transition to a more sustainable energy landscape. Current annual green methanol production is limited, but projections indicate a substantial increase in demand by 2050. Oxylus Energy's technology is positioned to meet this growing market need while maintaining a price point that is viable for industry adoption. Investors and partners like Toyota Ventures and Azolla Ventures are optimistic about the potential of Oxylus Energy's technology to revolutionize green methanol production. By eliminating the need for hydrogen as an input and offering a cost-effective and scalable solution, Oxylus Energy is paving the way for a more sustainable future in fuel production and decarbonization efforts.