Diligence memo · auto-generated · as of July 2, 2026
Carbon2Fuels, Llc
Carbon2Fuels, Llc looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Carbon2Fuels, Llc operates in Other Energy, based in NORTH SALT LAKE CITY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Carbon2Fuels, Llc has raised $5.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.0M on 2014-09-24.
Most recent recorded round closed around 2014-09-24.
Valuation (modeled)modeled
Provath models Carbon2Fuels, Llc at approximately $53M (range $6.5M–$287M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.89× the median modeled value of Series A Other Energy companies in 2013–2015 (81 peers) — value vs value, same stage and era. Within the normal band (89% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 11.8 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 57% of Other Energy peers (2049 compared).
Modeled value ranks above 73% of those peers.
Closest niche peers: AgriGroupe Energy Holdings, Brookfield Renewable Energy Partners L.P., Ofs Pro Ci, Lp, Apex Wind Energy Holdings, LLC, Ardica Technologies, Inc..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.