Diligence memo · auto-generated · as of July 2, 2026
E Fuel Corp
E Fuel Corp has raised $55M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
E Fuel Corp operates in Other Energy, based in LOS GATOS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
E Fuel Corp has raised $55M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $50M on —.
Most recent recorded round closed around 2008-07-31.
Valuation (modeled)modeled
Provath models E Fuel Corp at approximately $34M (range $2.2M–$264M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 231 months.
Last raise 17.9 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 91% of Other Energy peers (2049 compared).
Modeled value ranks above 64% of those peers.
Closest niche peers: Pattern Energy Group Holdings LP, Regency Energy Partners LP, Washington Gas Light Co.
Peoplefiled
3 named people 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.