Liquium have developed a novel catalyst that could revolutionise the production of ammonia. The centuries-old Haber-Bosch method relies on extremely high temperatures and pressures, which consume significant amounts of energy (often derived from fossil fuel sources) and require expensive specialised manufacturing plants. By some estimates, 1-3% of global greenhouse gas emissions can be attributed to ammonia production. Liquium’s catalyst allows ammonia to be produced at much lower temperatures and pressures, significantly reducing the energy requirements and allowing renewable energy to be used, as well as reducing the capex cost of plants. The technology is well-placed to support the adoption of ammonia as a next-generation clean fuel for the marine industry.

Developed by A/Prof Franck Natali and his colleagues at Te Herenga Waka – Victoria University of Wellington, the technology has attracted global attention. Franck has been awarded a prestigious Breakthrough Energy Fellowship, which provides significant funding to help scale up the opportunity and connect the company to experts internationally. The research team are joined by Dr Paul Geraghty as CEO, who has been supporting the team for several years as a commercialisation manager at Wellington UniVentures.

Our investment is syndicated with Booster, Climate VC Fund, K1W1, and AngelHQ. Matū Karihi played a significant role in helping the company through its first capital raise, and is providing governance support through the first investment phase. The company is scaling up its technology to prove its efficacy at larger and larger volumes, and developing market partnerships to bring the technology to the world.