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PlasmaLeap Raises A$30 Million to Accelerate Zero-Emissions Production of Fertilisers and Fuels
- On March 3, 2026, PlasmaLeap Technologies announced it secured almost A$30 million in funding led by the Gates Foundation, Investible and Yara Growth Ventures, with CEO Frere Byrne stating, `The backing of these strategic and institutional investors is strong validation of both the PlasmaLeap technology and the scale of the opportunity.`
- Using only air, water and renewable electricity, PlasmaLeap has developed a breakthrough platform for fertiliser with lower CO2 emissions, delivering step-change improvements in energy efficiency, said Stian Nygaard, Investment Director at Yara Growth Ventures.
- Funding will progress first-of-a-kind fertiliser hubs in New South Wales and Tasmania and expand field trials while further developing modular reactor technology for efficiency and scalability.
- Nitrogen fertiliser production is a major source PlasmaLeap aims to address, with expected high‑quality carbon credits from emissions reductions.
- Recognitions such as SVG Thrive and Earthshot nomination underscore PlasmaLeap's origins as a University of Sydney spin‑out and its potential to support decarbonisation with synthetic hydrocarbons, biogas, or syngas.
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PlasmaLeap Secures $20M to Revolutionize Ammonia Production
PlasmaLeap Technologies, a pioneer in zero-emissions production of ammonia, has received A$30 million in funding led by the Gates Foundation and Yara Growth Ventures. This funding will propel its sustainable fertilizer deployments in Australia, advancing core technologies crucial for reducing CO2 emissions in industrial chemical production.
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PlasmaLeap raises $28 million to scale green fertiliser tech
PlasmaLeap, founded in 2019 and spun out of the University of Sydney, is developing zero-emissions chemical reactors for the synthesis of green fuels and chemicals. The post PlasmaLeap raises $28 million to scale green fertiliser tech appeared first on SmartCompany.
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Total News Sources40
Leaning Left3Leaning Right6Center12Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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