Fertilizer Created From Lightning: Nitricity Raises $5 Million Seed Round To Help Farmers Produce Their Own Nitrogen Fertilizer
Fertilizer Created From Lightning: Nitricity Raises $5 Million Seed Round To Help Farmers Produce Their Own Nitrogen Fertilizer
08/12/21, 12:09 PM
Location
san franciscoMoney raised
$5 million
Round Type
seed
Nitricity, an agtech startup with unique technology to produce renewable nitrogen fertilizer at point-of-use, announced today the close of a $5 million Series Seed investment round led by Energy Impact Partners, a global investment platform leading the transition to a sustainable future. The funding will enable the company to accelerate innovations and recruit top engineering talent in the climate tech and agriculture fields. The round included participation from new investor Fine Structure Ventures as well as existing investors including Lowercarbon Capital and MCJ Collective.
Company Info
Location
san francisco, panamá province, panama
Additional Info
Nitricity produces ready-to-use nitrogen with only air, water and renewable electricity. Founded by a team of Ph.D. and post-doctoral students at Stanford University, the company is scaling the world's only on-farm, cost-effective, decarbonized solution to fertilizer production. For more information, please visit www.nitricity.co.