Newlab member company Amogy announced its $46 million bridge round led by SK Innovation that also includes Amazon through its Climate Pledge Fund, AP Ventures, Saudi Aramco Energy Ventures, and Newlab. The funding will accelerate the commercialization of its ammonia-to-power technology across heavy-duty transportation. Founded in 2020, Amogy aims to enable the decarbonization of the heavy-duty transportation sector, accelerating the global journey towards Net Zero 2050. To date, Amogy’s scalable ammonia-powered, zero-emissions energy system has been demonstrated with success in a drone and heavy-duty tractor. Read more at the link in our bio. #Amogy #Ammonia #Decarbonization #HeavyDutyTransportation #ZeroEmissions #NetZeroBy2050