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Addis Energy
Advanced chemistry harnessing subsurface iron to produce clean, cost-effective ammonia using oil and gas techniques
About Addis Energy
Addis Energy is pioneering a novel approach to ammonia production by utilizing advanced chemistry and subsurface iron resources. The company leverages oil and gas techniques to inject engineered fluids, harnessing the earth's chemical and thermal potential to produce clean ammonia. This process is designed to be more cost-effective and less energy-intensive compared to traditional methods. Addis Energy's business model focuses on transforming the energy and carbon-intensive ammonia production industry by offering a sustainable alternative. The company serves industries seeking cleaner and more affordable ammonia solutions, operating in the energy and chemical sectors. Revenue is generated through the development and commercialization of this innovative ammonia production process, supported by technology from the Department of Materials Science and Engineering and backed by world-class investors. Addis Energy aims to create a new paradigm in subsurface energy abundance and affordability. Keywords: ammonia, subsurface, iron, chemistry, oil, gas, fluids, hydrogen, thermal, process
Source: Dealroom company dataAt a glance
- Founded
- 2024
- Headquarters
- Somerville, United States
- Sector
- Chemicals
Latest news
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Pillar VC
Voyager VC
Engine Ventures
ARPA-E
At One Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
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