Newlight
Dual-Fuel Technology for Shipping Emission Reduction
Startup Seed Automotive & Mobility Technologies Est. 2024
Total Raised
$150K
Seed
Last Round
$150K
1 rounds
Investors
1
1 public
Team
2
11-50 employees
Confidence
71/100
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.
Classification
Sector
Climate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsEnergy TransitionHydrogenAutomotive & Mobility TechnologiesLogistics & Transportation Management
Target Customer
Transportation & LogisticsLogisticsMaritime
Business Model
B2B
Tags
hydrogenclimate-tech
Funding & Events
Jun 2024
Seed $150K
Fusion VC
Details
Product Stage
R&D
Employees
11-50
Exact Count
11
District
North District
Founded
2024
Registrar
516948304
Locations
Haifa, Israel
Links
Website
LinkedIn
Admin
Last Update
Jan 30, 2025
Verified by
Maor Perlov
Missing
sector, tags, video or image, news, markets, not claimed
Team (2)
Haran Cohen Hilel
Co-founder, CEO & CTO
Evyatar Cohen
Co-founder & COO
Founder
Internal
Created by
Maor Perlov (maor.perlov@sncentral.org)
Created
2024-07-01T00:00:00.000Z