Tech Company Financing Transactions
Addis Energy Funding Round
Addis Energy, operating out of ?Somerville, secured $8.3 million from At One Ventures, Engine Ventures and Pillar VC.
Transaction Overview
Company Name
Announced On
12/4/2025
Transaction Type
Venture Equity
Amount
$8,300,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to further advance its AI-aided laboratory of chemical reactors that simulate subsurface conditions to produce ammonia at a cost advantage versus Haber-Bosch through a net energy-positive process.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
100 Chestnut St 300
?Somerville, MA 02143
USA
?Somerville, MA 02143
USA
Phone
Undisclosed
Website
Email Address
Overview
Addis Energy is scaling new ammonia production pathway that revolutionizes the century-old chemical production process. By targeting iron-rich resources in the subsurface, Addis is forging a new pathway for chemical synthesis: injecting engineered fluids that harness the chemical & thermal potential of the earth to produce clean ammonia. This transforms ammonia synthesis into a net energy positive process without any CO2 emissions and enables producing ammonia cheaper than traditional methods.
Management Team
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