AlgaeNite - Israel

Company name
AlgaeNite
Location
Ein Shemer, 3881600, Israel
Contact number
Website address
Working hours
  • Monday: 8:30 am - 4:30 pm
  • Tuesday: 8:30 am - 4:30 pm
  • Wednesday: 8:30 am - 4:30 pm
  • Thursday: 8:30 am - 4:30 pm
  • Friday: Closed
  • Saturday: Closed
  • Sunday: 8:30 am - 4:30 pm
Establishment year 2021
Employees 1-10
E-mail address
Company description
AlgaeNite offers a revolutionary solution to the long-standing "fertilizer crisis," providing a cost-competitive and efficient method of producing nitrogen-rich organic fertilizer. With the patented process of extracting nitrogen from the air and using only water, energy from the sun, and nitrogen from the air to produce the fertilizer, AlgaeNite stands to disrupt the $195 billion fertilizer industry and pave the way for sustainable and economical food production. The technology is also applicable to animal feed, alt-meat proteins, bioplastics, and cosmetics. To fund further R&D in Israel and the establishment of a U.S. marketing and business development entity, AlgaeNite is currently raising $10 million. The company forecasts reaching profitability in year three and expects to install  
Show more 160 commercial bio-reactor units by year five, by which time the company will have accumulated $56 million in cash.
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