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AmpCNG
AmpCNG is leading the transition to compressed natural gas (CNG) as a transportation fuel in the commercial trucking industry
About AmpCNG
Amp Americas is a pioneering company in the renewable transportation fuel industry with over a decade of experience. The company specializes in the production of Renewable Natural Gas (RNG), a sustainable fuel derived from biogas, specifically from dairy waste. Amp Americas operates in the renewable energy market, serving dairy farmers across the U.S. and supplying RNG to some of the country's largest fleet customers.
The company's business model involves partnering with dairy farmers to develop and operate on-farm RNG projects. They process waste from over 100,000 cows into ultra-low carbon renewable transportation fuel, producing over 10 million gallons of RNG annually. This process not only provides a sustainable fuel source but also significantly reduces greenhouse emissions, equivalent to taking 294,000 cars off the road for a year.
Amp Americas also manages the day-to-day operations and business logistics of RNG production facilities. This includes setting up and managing fuel station infrastructure, pricing and distribution, and hiring and training. The company's expertise and leadership in the industry have been recognized by California's Air Resources Board, which awarded Amp Americas the first dairy waste-to-vehicle fuel pathway certification.
In terms of revenue, Amp Americas makes money by selling the RNG it produces to large fleet customers and by offering management and operational services to RNG production facilities. The company is committed to accelerating the global transition from fossil fuels to 100% renewable fuels, making it a key player in the fight against climate change.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GROWTH EQUITY VCOther financing | Jul 2019 | $75M | — | EIV Capital | — |
| LATE VCOther financing | Aug 2017 | $47M | $188M | EIV Capital · GreatPoint Ventures | — |
Growth signals
Latest recorded traffic for AmpCNG is 0 monthly website visits. AmpCNG's team declined 6.1% over the past year.
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Investments and acquisitions
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Investors
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Series B and later2 investors entered at this stage
EIV Capital
GreatPoint Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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