N-Drip Overview
N-Drip is the developer of a gravity powered micro-irrigation solution that utilizes existing flood irrigation infrastructure to provide efficient drip irrigation. The system uses pressure lower than 0.06 bar and is compatible with dirty water, requiring no filters. N-Drip does not rely on external energy, instead making use of the field topography and gravity power to reduce conversion costs and increase operational efficiency with the goal of conserving water and fertilizer while increasing yields. N-Drip received the Overall Award for Excellence in Disruptive Technologies at the Transformational Business Awards.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
מחקלאות לתחבורה: מנכ"ל אן דריפ עוזב אחרי 8 שנים וימונה למנכ"ל אגד אירופה | כלכליסט
N-DRIP, an agritech company, has undergone a management change with Ori Shani stepping in as interim CEO after co-founder and former CEO, Hollanderen Polak, left to become CEO of Egged Europe. The company, which employs 100 people, has developed a gravity-powered irrigation system that does not require external energy. N-DRIP recently raised $44 million in June 2023, valuing the company at $200 million post-money, with investors including Hamilton Lane, Tene Investment Fund, Granot Group, and Bridges Israel. The company has conducted another undisclosed funding round with existing investors. Meanwhile, Egged Europe, a subsidiary of Egged, is expanding its operations in Europe, operating 1,100 buses in Poland and the Netherlands.
Management ChangesInvestment
growth-positive
חברת השקיה ישראלית תקרר חוות שרתים של גוגל בארה"ב
N-DRIP, a company specializing in gravity-based irrigation technology, has entered into a partnership with Google. Under this agreement, N-DRIP will sell irrigation systems to farmers in Nebraska at subsidized prices, funded by Google. In return, N-DRIP will provide water-saving services to Google, helping the tech giant offset the water consumption of its $600 million data center near Omaha, Nebraska. This collaboration highlights the growing business opportunities for companies in the renewable energy and water conservation sectors, driven by the increasing number of data centers and the shift towards cloud computing and AI solutions.
PartnersCustomers
growth-positive
"The big challenge is not the technology, but changing the way of thinking of farmers"
N-Drip, a startup focused on helping farmers tackle climate change, is led by Tami Shor, who has extensive experience in Israels water sector. The company is addressing the severe drought affecting the Colorado River, a crucial water source for about 40 million people in the U.S. Despite prolonged droughts, states like California, Arizona, and Nevada continued to use the rivers water without systemic solutions, leading to federal intervention. N-Drips technology aims to provide a sustainable solution for water management in agriculture.
Customers
growth-positive
AgTech startup N-Drip announces $44 million Series C for irrigation innovation | CTech
Israeli AgTech company N-Drip has raised $44 million in a Series C round, with the potential for extension. The company, which develops irrigation technology, has raised a total of $80 million to date and was valued at $200 million in this round. N-Drips gravity-powered micro-irrigation system allows farmers to irrigate their fields more precisely and efficiently, reducing water usage and greenhouse gas emissions. The company holds patents worldwide and operates in 17 countries. The funding will support N-Drips rapid growth as farmers seek solutions to the global water crisis. Investors in the round include the Liechtenstein Group, Hamilton Lane, and Natural Ventures, among others.
Investment
growth-positive
Irrigation co N-Drip signs PepsiCo deal worth $20m annually
PepsiCo and N-Drip have signed a partnership agreement worth a potential $50 million annually. N-Drips smart irrigation systems will be used in 25,000 acres of fields in multiple countries, with the deal worth an estimated $20 million annually to N-Drip. The partnership aims to make precise irrigation accessible to all types of farmers and has already shown improved crop yields, reduced fertilizer usage, and water conservation. N-Drip has raised $40 million to date from strategic and financial investors.
Partners
| Sector | Agriculture & Food Technologies |
Funding
| Total funding | $76M |
| Last funding | $44M |
| Stage | C |
| Rounds | 5 |
| Investors | 9 |
Team Members
11
Employees: 51-200
Web & Social Links
| Website | ndrip.com |
| Careers | Careers page |
Locations
23Atir Yeda, Kfar-Saba, Israel
Photos & Videos
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