Autodesk Invests in 360 Fuel

Capital to go toward manufacture of alternative fuel dispensers and more
Photograph courtesy of 360Fuel

NEW ORLEANS  Internet-of-things developer 360Fuel has received a long-term commitment from Autodesk to support initiatives in energy innovation. This investment from Autodesk will support 360Fuel's mission to design and manufacture alternative fuel dispensers and drive social and environmental impact.

Autodesk specializes in software services, enabling architecture, engineering, construction, manufacturing, media, education and entertainment. Autodesk seeks impact-oriented organizations and makes investments in the design and creation of innovative solutions to the world's most pressing social and environmental challenges.

360Fuel, a New Orleans-based company, specializes in fuel innovation designs for manufacturing, primarily alternative energy fuel dispensers. 360Fuel is focused on accelerating the adoption of organic energy sources and providing a connected infrastructure with engaging customer experience.

"We believe strongly in driving social impact environmentally. … We believe through delivering the most cost-effective and customer engaging renewable energy infrastructure, we can deliver substantial progress toward greater utilization of organic energy sources,” said Werlien Prosperie III, founder and CEO of 360Fuel.

"This is a great match and will enable 360Fuel to create significant social and environmental impact with our product. 360Fuel believes by significantly lowering the costs of critical alternative energy infrastructure; substantial progress will be made towards reducing global emissions,” said 360Fuel's vice president of development Michael R. Coleman.

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