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AZANE Fuel Solutions logo — World's first dedicated provider of ammonia fuel handling so...

AZANE Fuel Solutions

World's first dedicated provider of ammonia fuel handling solutions

Founded 2021 Norway Norway 12 employees Series A Total: $5.40M Oil and Gas

General Information

Company Name AZANE Fuel Solutions
Founded Year 2021
Location Norway Norway
Founders / Decision Makers
Team member
Employees 12
Industries Oil and Gas
Funding Stage Series A
Social

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About AZANE Fuel Solutions

AZANE Fuel Solutions is an independent technology company that specializes in providing turn-key terminal solutions for ammonia fuel bunkering. The company is a joint venture between ECONNECT Energy and Amon Maritime, leveraging decades of experience from shipping, gas handling, and transfer.

ECONNECT Energy brings a wealth of expertise in transfer systems, commercialization, technology development, gas handling, storage, safety, and marine operations. On the other hand, Amon Maritime is a renowned ship project developer and will operate a fleet of ammonia-powered vessels. The team boasts extensive knowledge of gas engines, fuel gas supply systems, and zero-emission solutions, making them a formidable force in the industry.

Founded in 2021 and headquartered in Norway, the company secured a noteworthy €5.40M Series A investment on 25 October 2023 from prominent investors such as Yara Growth Ventures and Navigator Gas. With a clear focus on developing and delivering bunkering solutions for ammonia fuel, AZANE Fuel Solutions is at the forefront of enabling carbon-free shipping, making it an exciting prospect for potential investors.

Business keywords: Ammonia Fuel, Maritime, Shipping, Energy, Bunkering, Gas Handling, Technology, Carbon-Free, Turn-key Solutions, Fuel Supply Systems

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A €5.40M 2
Yara Growth Ventures
Yara Growth Ventures, Navigator Gas
25 Oct 2023

AZANE Fuel Solutions Alternatives & Competitors

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AZANE Fuel Solutions vs
TGE Gas Engineering
TGE Gas Engineering Germany

Global EPC contractor with 40 years project experience in the storage and handling of liquefied gase...

255 employees
Energy, Oil and Gas
AZANE Fuel Solutions vs
Lykins Energy | A World Kinect Company
Lykins Energy | A World Kinect Company United States

Fueling Excellence and Innovation in Aviation, Marine, and Ground Transportation, 24/7.

Post-IPO Debt
108 employees
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AZANE Fuel Solutions vs
CPG Bunkering
CPG Bunkering United Arab Emirates

Bunkering Services in East Africa

5 employees
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FAQ About AZANE Fuel Solutions

World's first dedicated provider of ammonia fuel handling solutions
AZANE Fuel Solutions was founded in 2021.
AZANE Fuel Solutions is headquartered in Norway.
AZANE Fuel Solutions operates in Oil and Gas. Its work centres on Ammonia Fuel, Maritime, Shipping and Energy.
AZANE Fuel Solutions has approximately 12 employees.
AZANE Fuel Solutions has completed 1 funding round, raising a total of $5.40M. The latest funding stage is Series A.
Top alternatives and competitors to AZANE Fuel Solutions include TGE Gas Engineering, Lykins Energy | A World Kinect Company, CPG Bunkering, EOT, C-Zero. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
AZANE Fuel Solutions and TGE Gas Engineering 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 AZANE Fuel Solutions, https://bouncewatch.com/company/azane-fuel-solutions, updated 2 December 2024. When citing, please name BounceWatch and link this page.

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