Energy technology company Amogy has raised $56m in its latest venture financing round to support the development and commercialisation of its ammonia-to-power systems.
The funding round was co-led by Aramco Ventures and SV Investment, with participation from new investors including Samsung Heavy Industries and BHP Ventures, alongside existing backers like Temasek and Yanmar Ventures. The company has now raised over $270m since its launch in 2020.
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