03/05/2023
Venture Kick awarded CHF 150,000 to Neology, a startup developing a carbon-free energy solution for heavy-duty commercial transportation. Read more here: https://www.venturekick.ch/Neology-wins-CHF-150000-to-develop-novel-solution-for-carbonfree-energy-supply
With its innovative thermochemical ammonia-cracking device, ammonia can be turned into hydrogen for use in fuel cells and power a cleaner, greener future.
Warm congratulations to Neology co-founders Ruben Feldman and Aris Maroonian, and the whole team!
About: Neology brings a holistic solution of carbon-free energy storage and distribution for commercial transportation, starting with heavy-duty transportation.
The proposed solution utilizes ammonia as an energy carrier, taking benefits from its inherent properties: carbon-free, high volumetric energy density, long-lasting storage capability, scalability factor, acceptance by the industrial sector, ease of deployment, and existing infrastructure.
Neology is developing a thermochemical ammonia cracking device transforming ammonia into hydrogen as feedstock for fuel cells, aiming at unlocking the full potential of ammonia to become a future carbon-free energy carrier.
