First Investment: 2021
Hydrogen fuel cells can provide electricity in many settings where grid power isn’t available and batteries are not yet practical, from forklifts to farm tractors to transoceanic cargo vessels. But hydrogen itself is a poor fuel, thanks to its low energy density and high handling costs. Amogy is solving that problem, building portable crackers that convert abundant, cheap, and energy-dense ammonia (NH3) into hydrogen that can be fed directly into fuel cells.
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Congratulations to Amogy in its big Series B-1 to scale up its 10X better ammonia “cracker” key to zero-carbon power for trucks and cargo ships
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