Ammobia raises US$7.5 million to scale low-cost ammonia production

With the new financing, the team has revealed its plans to build a pilot facility to de-risk its reactor technology and select a customer cohort for commercial demonstrations.

Ammobia’s funding round, which included investors such as Shell Ventures, ALIAD (Air Liquide), MOL Switch (Mitsui OSK Lines), and Chevron Technology Ventures, reflects ongoing interest in the potential for innovation in the global ammonia market. As the second most-produced chemical worldwide, ammonia feeds half the world's population through fertilizers.

However, standard Haber-Bosch production relies on the volatile natural gas supply and requires extreme conditions that favour centralised, capital-intensive facilities. Ammobia’s Haber-Bosch 2.0 leverages novel material science, process design, and commercially available components to improve ammonia’s affordability, transportability, and independence from fossil-fuel-exporting regions, minimising supply shock exposure and enabling long-term energy resilience.

"The ammonia industry is at an inflection point," said Karen Baert, CEO and Co-Founder of Ammobia. "If we want to lower costs and cut emissions in existing ammonia markets – while enabling ammonia’s untapped value in energy and maritime fuel – we need production technology designed for where the world is headed, not where it has been. Our approach reimagines a 100-year old process, which helps us deliver lower-cost, more resilient ammonia production regardless of energy source. Ammobia’s technology that solves for economic pressures and supply chain instability also creates a pathway to deep decarbonisation – meaning we are positioned to serve both the industry's immediate needs and its long-term transformation."

Ammobia’s proprietary thermochemical synthesis technology brings a suite of advantages to fuel and power sectors, chemical manufacturing, fertilizer producers, and energy storage and transportation ecosystems.

"Ammonia is rapidly emerging as a critical fuel and energy carrier, creating significant new market opportunities," commented Tomoaki Ichida, CEO at MOL Switch, the venture capital arm of global shipping company Mitsui OSK Lines. "Traditional production has served existing markets well, but meeting this growing demand requires a diversified approach. Ammobia's novel technology enables economical ammonia production at any scale and proximity to demand – essential as these applications mature. For MOL, backing a team with the technical expertise to deliver production at half the conventional capex strengthens our ability to decarbonise shipping."

Ammobia recently added Guido Radaelli to its leadership team, where he is now Chief Engineering Officer. Radaelli brings decades of experience in process technology innovation and in the ammonia market. "After 30 years developing and commercialising ammonia technology, I've seen every incremental improvement attempted in this industry," said Radaelli. "What Ammobia has achieved isn't incremental – it's a fundamental shift that changes the economics across the value chain."

The seed round also added Katapult Ocean, AIR Capital, Alumni Ventures, and Motivate Fund to Ammobia’s cap table, with follow-on capital from existing investors such as Starlight Ventures, Collaborative Fund, Arosa Capital and Zero Infinity Partners. Ammobia’s investments now total US$13.5 million, including dilutive and non-dilutive capital.

Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/16012026/ammobia-raises-us75-million-to-scale-low-cost-ammonia-production/