Total raised
$150K
Last: Seed 2024-06
Stage
Seed
Founded
2024
Headcount
11
HQ
Haifa
Sector
Automotive & Mobility Technologies
About
Newlight Technologies focuses on decarbonizing the shipping industry by integrating hydrogen into conventional diesel engines. Their plug-in solution reduces fuel consumption by up to 30% and significantly lowers greenhouse gas emissions by up to 60%. This technology allows for the use of hydrogen and diesel as dual fuels without major engine modifications, providing both environmental and economic benefits for the shipping industry.
Funding history · 1 round · $150K total
2024-06
Seed
$150K
Sectors & technology
Primary sector
Automotive & Mobility Technologies
Sub-sectors
Climate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsEnergy TransitionHydrogenAutomotive & Mobility TechnologiesLogistics & Transportation Management
Target customers
Transportation & LogisticsLogisticsMaritime
Business model
B2B
Tags
hydrogenmobility-optimizationclimate-tech