Amogy logo — Decarbonizing hard-to-abate sectors with mature, scalable, a...

Amogy

Decarbonizing hard-to-abate sectors with mature, scalable, and efficient ammonia-to-power solutions.

Founded 2020 United States Brooklyn, United States 181 employees Not Funded/Unknown Total: $275.30M Energy, Renewable Energy +2

General Information

Company Name Amogy
Founded Year 2020
Location United States Brooklyn, United States
Employees 181
Industries Energy, Renewable Energy, Sustainability +1
Funding Stage Not Funded/Unknown
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About Amogy

Amogy is a cutting-edge startup aiming to decarbonize hard-to-abate sectors with their innovative and efficient ammonia-to-power solutions. Founded in 2020 and headquartered in the United States, the company has gained attention with its pioneering technology. Amogy's patented ammonia cracking technology has been successfully proven in real-world applications, offering a mature, scalable, and highly efficient method for generating electrical power from liquid ammonia. This method, in combination with hydrogen fuel cells, boasts an impressive five times the energy density of lithium batteries, making it a promising solution for the challenging sectors of maritime, power generation, and heavy industry. In recognition of its potential, Amogy secured a significant $11.00M Series B investment on 05 June 2023 from Mitsubishi Corporation and Mitsubishi Heavy Industries. This investment not only reflects the confidence of industry giants in Amogy's approach but also provides the much-needed capital for further development and expansion. With a focus on energy, renewable energy, sustainability, and clean energy, Amogy's work aligns with the growing demand for green and carbon-free energy solutions. The company's strong technology, strategic partnerships, and recent investment position it as a significant player in the quest for a more sustainable future.

Taxonomy: decarbonization, ammonia-to-power, energy solutions, sustainable technology, carbon-free energy, power generation, heavy industry, ammonia cracking technology, hydrogen fuel cells, energy density, net zero economy, transportation decarbonization

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Not Funded/Unknown $56.00M 14
Aramco Ventures, BHP Ventures +12
16 Jan 2025
Series B $11.00M 2
Mitsubishi Corporation, Mitsubishi Heavy Industries
05 Jun 2023
Series B $139.20M 8
DCVC, Temasek Holdings +6
22 Mar 2023
Corporate Round $46.00M -
23 Jun 2022
Series A $20.00M -
14 Dec 2021
Seed Round $3.10M -
09 Mar 2021

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FAQ About Amogy

Decarbonizing hard-to-abate sectors with mature, scalable, and efficient ammonia-to-power solutions.
Amogy was founded in 2020.
Amogy is headquartered in Brooklyn, United States.
Amogy operates in Energy, Renewable Energy, Sustainability and Clean Energy. Its work centres on decarbonization, ammonia-to-power, energy solutions and sustainable technology.
Amogy has approximately 181 employees.
Amogy has completed 6 funding rounds, raising a total of $275.30M. The latest funding stage is Not Funded/Unknown.
Top alternatives and competitors to Amogy include SBI BioEnergy Inc., Neology, SIQENS GmbH, Nuada, Intelligent Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Amogy and SBI BioEnergy Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Amogy, https://bouncewatch.com/company/amogy, updated 16 January 2025. When citing, please name BounceWatch and link this page.

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