UK startup Rivan raises €28.7 million to scale domestic synthetic fuel production in Europe

Rivan, a UK-based startup that develops vertically integrated synthetic fuel, has raised €28.7 million (£25 million) to scale domestic synthetic fuel production in Europe. The round was led by IQ Capital, with support from Plural. This funding follows the company’s €11.4 million (£10 million) Seed round, raised 10 months earlier