FlyORO Secures $1.6 Million in Pre-Series A Funding

Sustainable Aviation Fuel (SAF) startup FlyORO, based in Singapore, has raised $1.6 million in Pre-Series A funding. Audacy Ventures led the funding round, with participation from VC Investible in the Asia-Pacific region and other private investors. The funds will be utilized to expedite ongoing projects and support international expansion, with a focus on strategic initiatives in the Australian and United States markets. FlyORO offers a modular, on-demand blending service of SAF and jet fuel, allowing aviation to progress in its emissions reduction efforts. The company's technology enables flexible blending ratios and bulk commitments, offering a more adaptable solution for flyers.