Mukund Karanjikar, Founder of CleanJoule

About Mukund Karanjikar

Mukund Karanjikar is the Founder and CEO of CleanJoule, a Salt Lake City-based company developing sustainable aviation fuel (SAF) from biomass to enable fully petroleum-independent aviation. He founded the company 14 years before raising its first venture round in 2023, leading a $50 million Series A. Karanjikar is currently advancing CleanJoule's industrial demonstration plant toward commercial scale production targeted for 2029.

Mukund Karanjikar at a glance

• Company: CleanJoule
• Total raised: $50M
• Latest round: Series A
• Investors: Indigo Partners, Gen Zero, Clean Hill Partners, Frontier Airlines, Volaris, Wizz Air
• Location: Salt Lake City, US

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