NitroVolt: Revolutionizing Green Ammonia Production
March 11, 2024, 10:51 am
NitroVolt
Total raised: $817.46K
Danish climatetech company NitroVolt is making waves in the green ammonia production industry with its innovative "Nitrolyzer" unit. This week, NitroVolt secured a significant Pre-seed funding of €750,000 from Swedish venture firm BackingMinds, signaling a strong vote of confidence in their game-changing technology.
Ammonia, a crucial chemical for food production, has long been associated with high carbon emissions. Current production methods emit a staggering 500 Mt CO2 per year, equivalent to two percent of global CO2 emissions, putting immense pressure on the industry to transition to greener alternatives. NitroVolt's solution aims to address this challenge by enabling cheaper and local ammonia production using only air, water, and electricity.
Led by CEO Suzanne Zamany Andersen and CTO Mattia Saccoccio, NitroVolt is on a mission to produce green ammonia directly at the point of use, revolutionizing the way farmers access this essential resource. Their container-sized system eliminates the need for fossil fuels in the production process, making their ammonia 100 percent renewable, carbon-free, and competitive with traditional black ammonia prices.
The roots of NitroVolt trace back to the Technical University of Denmark (DTU), where Zamany Andersen and Saccoccio embarked on a journey of groundbreaking research in electrochemical ammonia synthesis. Their technology breakthroughs led to the development of the Nitrolyzer unit, offering farmers a sustainable and resilient solution for ammonia production.
BackingMinds, the lead investor in NitroVolt's Pre-seed round, recognizes the critical importance of green fertilizers in addressing global challenges. Susanne Najafi, Founding Partner at BackingMinds, commended NitroVolt for its commitment to reducing carbon emissions and providing innovative solutions for the agricultural sector.
With NitroVolt's cutting-edge technology and strong investor support, the future of green ammonia production looks brighter than ever. By empowering farmers to take control of their fertilizer production and reducing the industry's carbon footprint, NitroVolt is paving the way for a more sustainable and resilient agricultural sector.
Ammonia, a crucial chemical for food production, has long been associated with high carbon emissions. Current production methods emit a staggering 500 Mt CO2 per year, equivalent to two percent of global CO2 emissions, putting immense pressure on the industry to transition to greener alternatives. NitroVolt's solution aims to address this challenge by enabling cheaper and local ammonia production using only air, water, and electricity.
Led by CEO Suzanne Zamany Andersen and CTO Mattia Saccoccio, NitroVolt is on a mission to produce green ammonia directly at the point of use, revolutionizing the way farmers access this essential resource. Their container-sized system eliminates the need for fossil fuels in the production process, making their ammonia 100 percent renewable, carbon-free, and competitive with traditional black ammonia prices.
The roots of NitroVolt trace back to the Technical University of Denmark (DTU), where Zamany Andersen and Saccoccio embarked on a journey of groundbreaking research in electrochemical ammonia synthesis. Their technology breakthroughs led to the development of the Nitrolyzer unit, offering farmers a sustainable and resilient solution for ammonia production.
BackingMinds, the lead investor in NitroVolt's Pre-seed round, recognizes the critical importance of green fertilizers in addressing global challenges. Susanne Najafi, Founding Partner at BackingMinds, commended NitroVolt for its commitment to reducing carbon emissions and providing innovative solutions for the agricultural sector.
With NitroVolt's cutting-edge technology and strong investor support, the future of green ammonia production looks brighter than ever. By empowering farmers to take control of their fertilizer production and reducing the industry's carbon footprint, NitroVolt is paving the way for a more sustainable and resilient agricultural sector.