Neology closes the first part of its financing round to provide green energy for off-grid and industrial applications! The Lutry-based startup joined our portfolio in June 2024, and we were happy to make a follow-on investment in this latest financing round. Neology develops ammonia power generators to replace diesel as an energy source in off-grid situations, such as ports, mining, and agriculture. Congratulations to Aris Maroonian, Ruben Feldman, CFA, and the entire team!
We’re pleased to announce the first closing of Neology’s CHF 2.5M investment round, with CHF 1.7M in equity already committed by leading Swiss and international investors — including Roland Bartholet’s investment group, Kickfund, COREangels Climate, and Venture Kick — alongside public co-financing from the Stadt Zürich and the Etat de VAUD, with support from FIT - Fondation pour l'Innovation Technologique. This funding supports the scale-up of our zero-emission ammonia power systems to replace diesel in off-grid and industrial applications. A limited allocation remains open for qualified participants — contact us at invest@neology.ch to learn more. #cleantech #cleanenergy #climatetech #energytransition #ammonia #hydrogen #startupfunding
