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 ($)
$44.0MJun 2023
$54.0MNov 2018
$74.0MNov 2021
$75.0MSep 2015
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
3 item(s)
N-Drip Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Climate TechSustainable Water SolutionsWater for Industry & Residential UsesFood & Land UseSustainable FarmingAgriculture & Food TechnologiesAg TechFarm Equipment & TreatmentTarget Customer
Agriculture & FoodCropsCore Technology
ComponentsTags (9)
climate-techprecision-agriculturesmart-farmingalgorithmsfertigationagricultureirrigationagtechdrip-irrigationGeographic Markets
IndiaAustraliaSouth AmericaItalyGlobalAfricaUnited StatesMexicoN-Drip Financials
$76M
Total funding
Undisclosed
Capital raised
$44M
Last funding
C
Funding stage
5
Total rounds
9
Investors
Cumulative Funding Raised Over Time ($)
$44.0MJun 2023
$54.0MNov 2018
$74.0MNov 2021
$75.0MSep 2015
Private Equity Funding
C Round
Jun 2023
$44M
Hamilton Lane, Liechtenstein Group
B Round
Nov 2021
$20M
Granot Ventures (Lead)
,
Bridges Israel, Seth M. Siegel, RDC
A Round
Nov 2018
$10M
RDC, Kibbutz Ein Harod Ichud, Bridges Israel, Seth M. Siegel
Seed
Sep 2015
$1M
Ran Ben-Or, Ariel Halperin
Non-Equity Funding
GrantEvent
Aug 2019
$1M
Israel Innovation Authority
Mergers & Acquisitions
MNAEvent
Jan 2020
Undisclosed
N-Drip Lifecycle
Cumulative Funding Raised Over Time
$44.0MJun 2023
$54.0MNov 2018
$74.0MNov 2021
$75.0MSep 2015
All Events
C Round
Jun 2023
$44M
Hamilton Lane, Liechtenstein Group
B Round
Nov 2021
$20M
Granot Ventures (Lead)
,
Bridges Israel, Seth M. Siegel, RDC
A Round
Nov 2018
$10M
RDC, Kibbutz Ein Harod Ichud, Bridges Israel, Seth M. Siegel
Seed
Sep 2015
$1M
Ran Ben-Or, Ariel Halperin
GrantEvent
Aug 2019
$1M
Israel Innovation Authority
MNAEvent
Jan 2020
Undisclosed
N-Drip News
12 articles
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
growth-positive
N-Drip completes $20 million Series B financing led by Granot, the Kibbutzim's investment arm
N-Drip, a smart irrigation technology company, has completed a Series B financing round of $20 million. The funding will be used to expand the companys U.S. infrastructure and operations in India. N-Drip aims to develop a new generation of drip irrigation systems that are more affordable and efficient than existing systems. The company has already installed its system in 17 countries and has seen increased yields of 30% in those locations. N-Drip also received a $2.5 million grant from the U.S. Department of Agriculture to implement its systems among U.S. farmers. The company had previously planned to go public on the Tel Aviv Stock Exchange but postponed the IPO for another year or two.
InvestmentExpand
growth-positive
Gravity watering system saves resources and raises yields
The article discusses N-Drip, a gravity-powered micro-irrigation system developed in Israel. N-Drip provides the benefits of drip irrigation for field crops with low profit margins, using a unique dripper propelled by gravity. The system cuts water usage by half or more, increases yield by up to 40%, and is a zero-carbon solution. N-Drip has been commercialized for three years and is being used in about 20 countries. Farmers who replace flood irrigation with N-Drip save water and increase yield. The system has the potential to address global water scarcity and make irrigation more sustainable. N-Drip is expected to expand its manufacturing facilities in India, Arizona, and other locations. The article does not mention any specific investors or partners.
InvestmentExpand
growth-positive
הדור הבא של הטפטפות? שיתוף פעולה בין עמיר שיווק ל-N-Drip
N-Drip has signed an exclusive agreement with Amir Marketing for the distribution of its smart irrigation system. The N-Drip Connect system provides farmers with accurate irrigation recommendations and monitoring of water levels in the soil. The system has been updated in various locations worldwide. This partnership marks Amir Marketings entry into the field of precise irrigation technology.
Partners
Growth-Positive
N-Drip closes gap between flood irrigation and drip irrigation - Future Farming
N-Drip, an Israeli company, has developed a technology that combines flood irrigation with the high yields and precision of conventional drip systems. The technology uses existing field infrastructure without the need for pumps or filters, unlike other precision irrigation technologies. N-Drip offers a 22 millimetre diameter irrigation system and a solution for broadacre farmers with a 44 millimetre diameter system. The technology can significantly reduce water and energy use, by up to 70 percent.
CustomersExpand
growth-positive
The Israeli startup that sees a big future in little drips
Israeli startup N-Drip has developed a gravity-based drip irrigation system that aims to make drip irrigation more affordable and accessible to farmers worldwide. Conventional drip irrigation systems require pumps and electricity, which can be expensive and unavailable in many developing countries. N-Drips system uses gravity to deliver water to plants, eliminating the need for pumps and reducing costs. The company aims to tap into the $90 billion global market for irrigation systems and has set a sales target of $400 million within four years. N-Drip has received funding from investors such as Ariel Halperin, Ran Ben-Or, the Israel Innovation Authority, Bridges Israel fund, RDC, and Seth M. Siegel.
CustomersInvestmentExpand
growth-positive
First-of-its-Kind Irrigation System Recognized on Global Stage
N-Drip, manufacturer of the first gravity-powered micro-irrigation system, received the Overall Award for Excellence in Disruptive Technologies at the Financial Times/International Finance Corporation (FT/IFC) Transformational Business Awards. The companys technology significantly increases the efficient use of water and energy in agriculture, reducing water and energy use by up to 70 percent. N-Drip aims to solve the global water shortage by providing an alternative to flood irrigation. The company believes that if even half of all farmers convert to N-Drip, the water shortage crisis will be solved. N-Drip is currently in use by growers in Arizona, California, Texas, Israel, Australia, and Africa.
Customers
growth-positive
Drip irrigation startup N-Drip gets investment from Bridges Israel impact fund
Bridges Israel has invested in Israeli drip irrigation firm N-Drip, which has developed a system for large agricultural areas to use drip irrigation. The investment is part of a series A funding round and will allow N-Drip to increase production capacity and accelerate installations in major markets. The system is cheaper and more efficient than traditional drip irrigation systems, saving water and boosting crop yields. Bridges Israel is an impact investment fund that aims to create social and environmental impact while generating financial returns. They hope to raise up to $75 million for their first fund, with anchor investors including Israel Discount Bank and Psagot Investment House.
Investment
N-Drip Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 74 |
| Team members | 11 |
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N-Drip Internal
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Admin Info
| Confidence | 99/100 |
| Missing | markets |
| BI Verification | Fredrik Liljedahl |
| Registrar ID | 515255552 |
| Crunchbase | ndrip |
| Phone | +972723845060 |
| Creator | Shmuel (Sam) Rausnitz |
| Creator email | shmuel.rausnitz@sncentral.org |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2024-09-15T00:00:00.000Z |
| Created | 2018-03-25T00:00:00.000Z |
| Claimed | Yes |