Tech Company Financing Transactions
Amogy Funding Round
Amogy, based in Brooklyn, raised $139 million in funding from SK Innovation, AP Ventures and Aramco Ventures.
Transaction Overview
Company Name
Announced On
3/22/2023
Transaction Type
Venture Equity
Amount
$139,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to continue its organizational development to support commercialization, begin manufacturing of its innovative ammonia-to-power technology, and bring its first product to market in 2024.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
19 Morris Ave
Brooklyn, NY 11205
USA
Brooklyn, NY 11205
USA
Phone
Undisclosed
Website
Email Address
Overview
Amogy was founded by four MIT PhD alumni who shared the vision of a decarbonized future transportation system. Using our innovative solution, Amogy aims to reduce >5 billion metric tons of CO2-eq emission by 2040, accelerating the global journey towards Net Zero 2050.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Seonghoon Woo
Chief Technical Officer
Young Jo
Vice President
Jongwon Choi
Vice President
Hyunho Kim
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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