Amogy raises $80M to power ships and data centers with ammonia
From tariffs to the recent reconciliation bill, climate tech startups have been grappling with a rapidly changing landscape. Brooklyn-based startup Amogy has managed to avoid turbulence induced by U.S. politics by keeping its sights on more promising foreign markets. Amogy’s ammonia-to-power tech and its focus on Asian markets, including Japan, South Korea, and Singapore, has helped it land a fresh $23 million in funding. The round, which brings its most recent fundraise to $80 million, increas