1 / 2
1 / 2
Çalık Enerji is pleased to announce its investment in Starfire Energy Inc. within the Series B funding round. Starfire Energy Inc., is a developer of modular chemical plants for the production of carbon-free ammonia as well as Starfire Energy Inc. is a ground-breaking sustainable ammonia company continues rapid advancement toward mass commercialization. The funding round was led by Samsung Ventures and includes investments by AP Ventures, Chevron Technology Ventures, F4SE, IHI, Mitsubishi Heavy Industries, Osaka Gas USA, Pavilion Capital, Rockies Venture Club, and Starfire FF LLC.
About Starfire Energy Inc.
Starfire Energy is a Colorado Public Benefit Corporation with headquarters based in Denver. The company was founded in 2007 with an initial focus on integrating solar energy systems. For the past 6 years the company has been focused on developing patented technology for the synthesis of 100% green ammonia and hydrogen.
Starfire Energy had an initial focus on solar energy systems. Since 2016, the Company has been developing patented technology for the clean synthesis and use of ammonia. STARFIRE is a technological company, whose activity is focused on the development of modular systems to produce carbon free green NH3 as well as green NH3 cracking technologies for the implementation of namely Rapid Ramp, Prometheus Fire and Prometheus Hydrogen projects.
The interest in Starfire Energy’s technologies continues to gain momentum with project requests from around the globe and veritable potential investors as well as strategic partners. Market segments range from distributed fertilizer generation to help farmers steady their crop costs, distributed fuel synthesis and power generation to stabilize utility grids, to centralized, large-scale facilities making ammonia for fuel use as well as export.
Çalık Enerji’s Policy and Aims
Çalık Enerji aims to lead the evolution from a physical industrial player to an industrial leader in energy transformation (EX). Çalık Enerji creates combined EX solutions and contributes to a decarbonized society.
Leveraging this investment, Çalık Enerji plans to take advantage of its global network and broad industry presence to develop Starfire Energy Inc. operations especially throughout the countries where Çalık Enerji has strong footprints and other parts of the world. Çalık Enerji is also, as part of its innovation and investment activities, improving its industrial processes and developing new products and projects for commercialization and evaluating opportunities in either technologies or companies in accordance with EX purposes.
Çalık Enerji is positioned as a company that follows current technological developments in its fields of activity, produces technology and is a leader in the innovation ecosystem.