Ammobia says it has reinvented a century-old technology

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Ammonia might be the world’s most underappreciated chemical. Without it, crops would go unfertilized and billions of people would starve.

Humans started making ammonia in large amounts just over a century ago, and since then the process used to make it, known as Haber-Bosch, hasn’t changed much. A new startup, Ammobia, says that it has tweaked the Haber-Bosch process to lower the cost by up to 40%.

To prove the technology works on a larger scale, Ammobia has raised a $7.5 million seed round, the company exclusively told TechCrunch….



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Ammobia says it has reinvented a century-old technology


Ammonia might be the world’s most underappreciated chemical. Without it, crops would go unfertilized and billions of people would starve.

Humans started making ammonia in large amounts just over a century ago, and since then the process used to make it, known as Haber-Bosch, hasn’t changed much. A new startup, Ammobia, says that it has tweaked the Haber-Bosch process to lower the cost by up to 40%.

To prove the technology works on a larger scale, Ammobia has raised a $7.5 million seed round, the company exclusively told TechCrunch….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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