OXCCU, an Oxford University spin-out, has secured £20.75 million (approximately $28 million) in a Series B funding round to accelerate the commercialization of its technology for converting waste carbon into sustainable aviation fuel (SAF). The funding round was oversubscribed, according to a company statement released Monday. The new capital will be used to expand operations and advance the next phase of technology scale-up, including the development of a second demonstration plant, OX2, which the compan ...