Diligence memo · auto-generated · as of July 3, 2026
B New Fuels Holdings Inc
B New Fuels Holdings Inc looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
B New Fuels Holdings Inc operates in Other Energy, based in SAN JUAN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
B New Fuels Holdings Inc has raised $17M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $17M on 2024-07-05.
Most recent recorded round closed around 2024-07-05.
Valuation (modeled)modeled
Provath models B New Fuels Holdings Inc at approximately $92M (range $41M–$164M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.74× the median modeled value of Series B Other Energy companies in 2022–2024 (44 peers) — value vs value, same stage and era. Within the normal band (74% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 24 mo ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 78% of Other Energy peers (2049 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Pineapple Holdings, Inc., JTEC Energy, Inc., TMC the metals Co Inc., Cherry Street Holding Company, LLC, Clean Hydrogen Works LA-1, L.L.C..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.