maritime industry

Meet the cement transport ship that makes cement ingredients while sailing

Climate /

Shipping has a pollution problem, but one company has a solution that does more than just eliminate a boat’s carbon dioxide. London-based Seabound has developed a carbon capture system that transforms CO2 from the engine into limestone, a key ingredient in cement. Fittingly, the company has installed it aboard the UBC Cork, a cement carrier […]

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Amogy raises $80M to power ships and data centers with ammonia

Enterprise /

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

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Green ammonia startup Amogy is trying to raise $90M to reduce truck pollution

Fundraising /

Green ammonia startup Amogy has raised $11.2 million of a targeted $90 million round, an SEC filing reveals. The new round’s target is significantly smaller than its last round — a $139 million Series B-1 that was announced in March 2023 — highlighting the challenges that middle-stage climate startups face today when trying to attract

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Oxylus Energy strikes “beautiful balance” to make e-fuels for aviation and shipping

Climate /

Many airlines and shipping companies say they’ll hit net zero carbon emissions by 2050, but right now they have no clear path toward hitting that target.  From a scientific perspective, ridding those industries of fossil fuels is possible; economically, it’s not. Or at least not yet, claims a young startup. Oxylus Energy thinks it has

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