Addis Energy raised $4.25M in a Seed funding round led by Engine Ventures, Pillar VC, and Voyager Ventures to expand its research and development team for clean ammonia production technology.

Jan 23, 2025•9 months ago

Amount Raised

$4.25 Million

Round Type

seed

SomervilleRenewable EnergyEnergyManufacturing

Investors

Voyager VenturesPillar VcEngine Ventures

Description

Addis Energy, based in Cambridge, MA, has raised $4.25M in Seed funding to further its innovative technology platform for clean ammonia production. The funding will support the expansion of its research team and exploration of pilot program locations across the U.S.

Company Information

Company

Addis Energy

Location

Somerville, Massachusetts, United States

About

Addis Energy is a company that specializes in innovative technology for clean ammonia production. It combines advanced chemical innovations with expertise from the oil and gas industry to provide low-cost, low-emission solutions. Their novel technology allows for ammonia production using Earth’s subsurface resources, significantly reducing the costs and carbon intensity of traditional methods. The company aims to create economic opportunities in domestic energy production while addressing global energy and food supply challenges.

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