Latham & Watkins Advises Addis Energy on US$8.3 Million Oversubscribed Seed Financing

"Latham & Watkins advised Addis Energy on an oversubscribed US$8.3 million seed round led by At One Ventures, with Engine Ventures and Pillar VC participating, bringing total funding to US$17.3 million. Addis will use proceeds to advance its AI‑aided laboratory of subsurface‑simulating chemical reactors for net energy‑positive ammonia production, expand its operations team, and prepare a field pilot."

Latham & Watkins represented Addis Energy in connection with its US$8.3 million oversubscribed seed financing. The transaction comprised an oversubscribed seed round of US$8.3 million led by At One Ventures, with existing investors Engine Ventures and Pillar VC participating. The financing brings Addis Energy’s total funding to date to US$17.3 million. Addis Energy will use the proceeds to further develop its AI-aided laboratory of chemical reactors that simulate subsurface conditions to produce ammonia at a cost advantage versus the Haber–Bosch process through a net energy‑positive approach. The company will also deploy capital to expand its operations team and to prepare for its first field pilot demonstration. Latham & Watkins represented Addis Energy with a team composed by: Dan Hoffman, partner, Emerging Companies & Growth (Boston), with associates Sally Gu and Maayan Chinn. Advice on intellectual property matters was provided by associates Deborah Hinck and Susana Alexandre Santos.

Latham & Watkins Advises Addis Energy on US$8.3 Million Oversubscribed Seed Financing

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