azaFLEX®
A proprietary ammonia vapor handling and reliquefaction system for safe storage and delivery of liquid ammonia.
Maturity not rated
Startup · Norway
Azane Fuel Solutions
HQ Sandefjord, NorwayFounded 20211-10 employees
We are getting ready to invest in a network of bunkering terminals in Norway and surrounding seas, making ammonia fuel availble by providing logistings solutions, constructing & owning essentual infrastructure, and ensuring safe & efficient operations.
Products1
Newest unveiled first. Open a product for its milestone timeline, components and sources.
Funding1 round · $5.7M
- Disclosed
- $5.7M
- Latest
- $5.7MSeries A · Oct 25, 2023
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Oct 25, 2023 | Series A | $5.7M | — | Navigator Holdings, Yara Growth Ventures | — | Confirmed |
- $5.7MOct 25, 2023
Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.
Sources6
Profile4
- 1
Azane Fuel Solutions · Supports Organization · description, Organization · name, Organization · website
“We are getting ready to invest in a network of bunkering terminals in Norway and surrounding seas, making ammonia fuel availble by providing logistings solutions, constructing & owning essentual infrastructure, and ensuring safe & efficient operations.”
- 2
Sixth-Domain · Supports Organization · kind
“{"group": "startups", "id": "eb97bc30-356b-4379-83a7-ee46eaf0bf3e", "name": "Azane Fuel Solutions"}”
- 3
Crunchbase · Supports Organization · country, Organization · employee range, Organization · hq city, Organization · linkedin url
“country: NO”
- 4
LinkedIn · Supports Organization · country, Organization · employee range, Organization · founded year, Organization · linkedin url
“country: NO”
Products1
- 5
Azane Fuel Solutions · Supports System
“Azane Fuel Solutions proprietary ammonia vapor handling system – azaFLEX®. The azaFLEX system ensures efficient vapor handling, cooling & reliquefication of ammonia – ensuring ammonia is safely stored and delivered as liquid at -33°C.”
Funding1
- 6
Yara International · Oct 25, 2023 · Supports Funding round · amount
“Yara Growth Ventures and Navigator Holdings Ltd. lead investment round of 5.4 million EUR (around 5.7 million USD) in Azane Fuel Solutions AS”
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