When was Neology founded?

Neology was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Neology located?

Neology is headquartered in Lutry, Switzerland.

How many employees does Neology have?

As of May 31, 2026, the latest employee count at Neology is 10.

Is Neology a funded company?

Neology is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jul 20, 2022.

When was the latest funding round of Neology?

Neology's latest funding was a $***** Grant (prize money) round on May 25, 2023, with participation from 1 investor. Its primary sector is Energy Storage Tech. In Switzerland, the Energy Storage Tech sector has seen $136M in funding in 2026 to date.

Where does Neology rank among its competitors?

Neology ranks 5th amongst 22 active competitors, of which 11 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Hygenco, which secured $105M in Jun, 2026.

Who are the top competitors of Neology?

Neology's top competitors include Hygenco, Addisenergy and Tsubame BHB. Among them, Hygenco secured the most recent funding round in June, 2026.

Neology - 2026 Company Profile, Funding & Competitors

Company Details

Provider of solutions for hydrogen generation. It uses the thermochemical cracking process by which ammonia is decomposed into hydrogen and nitrogen over a catalyst.

Key Metrics

Founded Year

2022

Location

Lutry, Switzerland

Stage

Funding Raised

Latest Funding Round

Grant (prize money), May 25, 2023, $*****

Investors

Venture Kick & 2 more

Ranked

5^th among 22 active competitors

Employee Count

10 as on May 31, 2026

Similar Companies

Hygenco & 22 more

View Neology's full profile

Neology has raised funding over 4 rounds. Its first funding round was on Jul 20, 2022. Its latest funding round was a Grant (prize money) round on May 25, 2023 for $*****. 1 investor participated in its latest round. Neology has 3 institutional investors.

Here is the list of recent funding rounds of Neology:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 25, 2023	7309671	Grant (prize money)	9051179	8480143	4966655	6098661
May 11, 2023	8593363	Grant (prize money)	9249612	2692701	9146998	SpinLab
Oct 24, 2022	1133892	Grant (prize money)	8084625	3120435	7836224	Venture Kick

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View details of Neology's funding rounds and investors

Neology's employee count trend

Neology has 10 employees as of May 26. Here is Neology's employee count trend over the years:

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Top competitors of Neology include Hygenco, Addisenergy and Tsubame BHB. Here is the list of Top 10 competitors of Neology, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hygenco 2020, Gurugram (India), Series C	Provider of green hydrogen and green ammonia production and distribution solutions	$130M	Neev Fund, IFC & 9 others	66/100
2nd	Addisenergy 2024, Somerville (United States), Seed	Developer of a subsurface process for producing ammonia from iron resources	$12.7M	Pillar VC, At One Ventures & 4 others	59/100
3rd	Tsubame BHB 2017, Yokohama (Japan), Series C	Manufacturer of ammonia and its related products	$35.3M	Energy & Environment Investment, Yokogawa ... & 13 others	54/100
4th	Ammobia 2022, San Francisco (United States), Seed	Technology solution for ammonia production	$11.7M	Starlight Ventures, arosacapital.uk & 14 others	54/100
5th	Neology 2022, Lutry (Switzerland), Funding Raised	Provider of solutions for hydrogen generation	-	Venture Kick, MassChallenge & 1 others	49/100
6th	FuelPositive 2000, Toronto (Canada), Public	Provider of green ammonia	-	Planet Ventures	45/100
7th	NitroFix 2022, Rehovot (Israel), Series A	Online platform offering green ammonia	$3.88M	Clean Energy Ventures, IndieBio & 5 others	44/100
8th	Avina Clean Hydrogen 2022, New York City (United States), Series A	Developer of clean energy solutions including synthetic aviation fuel and hydrogen	$10M	-	43/100
9th	Nium 2022, London (United Kingdom), Seed	Provider of green ammonia production solutions	$3M	AgFunder, DCVC & 4 others	40/100
10th	NitroVolt 2023, Soborg (Denmark), Seed	Developer of small-scale ammonia synthesis unit	$4.58M	Danmarks Eksport og Investeringsfond, Backing Minds ... & 3 others	39/100