Addis Energy

ChemicalsSeedSomerville, USaddisenergy.com

Latest round

Seed

Last raised

Nov 2025

Total raised

$8.4M

Investors

3

About Addis Energy

Based in Massachusetts, US, and founded in 2024 by CEO Michael Alexander, COO Charlie Mitchell, Chief Science Officer Iwnetim Abate, and Chief Strategy Officer Yet-Ming Chiang, Addis Energy operates as a provider of a technology company that injects engineered fluids into iron-rich subsurface rocks, leveraging the earth chemical and thermal potential to produce clean ammonia. Addis Energy specializes in solutions for clean ammonia production, leveraging advanced techniques from oil and gas industries into iron-rich subsurface resources. The company’s offers a process that harnesses the chemical potential of iron to facilitate the splitting of water into hydrogen and oxygen, allowing for the production of ammonia. This technology, developed in collaboration with MIT's Department of Materials Science and Engineering, targets industries and sectors focused on sustainable agriculture and energy.

Who invested in Addis Energy

3 investors across 1 round

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Funding rounds

  1. Seed

    Nov 14, 2025

    Amount

    $8.4M

    Investors

    Locked

Questions about Addis Energy

Who invested in Addis Energy?

Addis Energy has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Addis Energy raised?

Addis Energy has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Addis Energy last raise money?

Addis Energy's most recent round on record is a Seed, in Nov 2025.

What does Addis Energy do?

Based in Massachusetts, US, and founded in 2024 by CEO Michael Alexander, COO Charlie Mitchell, Chief Science Officer Iwnetim Abate, and Chief Strategy Officer Yet-Ming Chiang, Addis Energy operates as a provider of a technology company that injects engineered fluids into iron-rich subsurface rocks, leveraging the earth chemical and thermal potential to produce clean ammonia.

Where is Addis Energy headquartered?

Addis Energy is headquartered in Somerville, US.

Which VCs invest in companies like Addis Energy?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back chemicals companies at Addis Energy's stage. Their profiles are linked below.

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