skies

Tech Industry to Soar as Nasdaq CEO Optimistically Speaks on IPOs

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More than 100 companies are getting ready to list on Nasdaq after filing confidentially with the SEC, Nasdaq’s CEO Adena Friedman told investing publication Barron’s. If that does come to happen, the IPO drought that the tech industry has suffered for months will draw to a close sooner than later. The Exchange explores startups, markets and money. Still we at least know about one company filing confidentially for an IPO: Circle. We still have a few questions about the company’s finances, but this filing makes us more optimistic about its chances this time around.

Metafuels: A Forward-Thinking Investment for a More Sustainable Future – Securing $8 Million for Greener Skies

Metafuels
Metafuels sets out to change the landscape of sustainable jet fuel, and has just picked up an $8 million suitcase from baggage carousel 3 at its local ZRH. The company is making the sky green — literally — with its new fuel, which it calls aerobrew. The company is focusing on jet fuel as its primary output, buying a ticket to make jet fuel conforming to aviation standards. “Operational safety is paramount from fuel handling on the ground to high-altitude combustion performance,” notes Leigh Hackett, co-founder and CCO at Metafuels. Metafuels’ eSAF technology enables a seamless transition away from fossil-based kerosene using a process they developed to convert green methanol to eSAF.