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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

  In deals, $90m for animal-free dairy, $50m for fusion, and $30m for resi solar and storage.  Korean shipbuilders have received preliminary orders for up to 15 very large ammonia carriers (VLACs), including from Maersk Tankers (for 4 ships), Naftomar (for 4 ships), and Samsung Heavy Industries (for 2 ships).

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? FOAK takes flight #182

Climate Tech VC

This week brings two great examples with LanzaJet’s new SAF facility in Georgia and H2 Green Steel’s plant in Sweden, both layering different kinds of capital, each derisking the next to build their first commercial facilities.  LanzaJet managed to build a $264m plant using similar scaffolding.