Raven SR Inc. (Raven SR), a renewable fuels company, announced the closing of a strategic investment from Samsung Ventures.

In 2021, Raven SR attracted funds totaling $20 million from global oil and gas major Chevron, Japanese trading house ITOCHU, hydrogen mobility leader and innovator Hyzon Motors, and Ascent Hydrogen Fund.

Raven SR, which will soon break ground in its first commercial waste-to-hydrogen production facility in the U.S., can produce green hydrogen and high-quality Fischer-Tropsch synthetic fuels, such as sustainable aviation fuel, from a wide range of feedstocks, including municipal solid waste, methane and biomass.