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The Venture Codex

Overview

Leading energy company focused on sustainable projects worldwide.

Founded

1988

Deals · 12mo

0

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Stage focus

Series B

Geographic focus

Türkiye

Sector focus

Energy
Natural Resources
Renewable Energy

Investment portfolio

  • Starfire Energy

    Participated · Series B · Nov 2022

    Starfire Energy develops modular systems for synthesis of 100% green ammonia and for cracking ammonia into hydrogen, centered on its Rapid Ramp and Prometheus Fire product lines. Rapid Ramp is designed to produce green ammonia from air, water, and renewable energy and can rapidly ramp production up and down to match intermittent renewables without hydrogen or energy storage. Prometheus Fire is an advanced cracking system that operates at lower temperatures to convert ammonia into hydrogen and create cost-effective ammonia-hydrogen blends to replace natural gas. The company says its modular approach enables easier, safer, and cheaper storage and transportation versus other carbon-free fuels, leveraging existing ammonia infrastructure. Starfire is pursuing field demonstration programs and aims to commercialize and ship products worldwide. The company is a Colorado Public Benefit Corporation headquartered in Denver and was founded in 2007; it holds patented technologies for its systems. Starfire Energy designs modular chemical plants that synthesize zero‑carbon ammonia and crack ammonia back into hydrogen using patented catalysis technology. Its Rapid Ramp NH3 synthesis technology makes ammonia from renewable energy, air, and water, and the Prometheus Carbon‑free Fire system cracks ammonia to yield hydrogen for storage and transport. The modular systems are mass‑produced and assembled onsite for scalability, aiming to connect directly with renewable energy sources and provide distributed zero‑carbon fuel. Starfire targets applications including utility gas turbines, large ships, industrial process heat (steel and cement), and fuel‑cell vehicles. Proceeds from the announced funding will be used to accelerate scale‑up of systems and expand global operations and commercial deployments. The company communicated from Denver and emphasizes commercialization of its technologies to decarbonize ammonia production and enable ammonia as a zero‑carbon energy carrier.

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