Algaenite
Formerly Cyanotech Biio
Atmospheric Nitrogen Fixation for Producing Bio-ammonia
Startup Pre-Funding Agriculture & Food Technologies Est. 2021
Total Raised
Undisclosed
Pre-Funding
Last Round
Undisclosed
1 rounds
Team
3
1-10 employees
Confidence
97/100
News
2
articles
Patents
1
About
Alganite develops technology for producing high-nitrogen fertilizer from the atmosphere using nitrogen-fixing cyanobacteria. The company's automated photo-bioreactors operate onsite to produce ammonia from the air using the sun as an energy source. The technology is designed to greatly increase the availability of precision organic fertilizer for food growers worldwide while dramatically reducing the huge carbon footprint of fertilizers produced using the Haberโ€“Bosch process. Algaenite is a spinoff of Growponics.
Classification
Sector
Climate TechEnergy TransitionHydrogenClean Industry Tech Food & Land UseSustainable FarmingAgriculture & Food TechnologiesAg TechFarm Equipment & TreatmentEnergy TechEnergy Management & Grid Integration
Core Technology
BiologicalsMicroorganisms
Target Customer
Energy, Utilities & Waste ManagementNew FuelsBiofuelsIndustrial ManufacturingProcess IndustriesChemicals & PetrochemicalsPlasticsHybrid IndustriesFertilizers & PesticidesHealthcare & Life SciencesLife SciencesCosmeticsAgriculture & FoodCropsMarine Life
Business Model
B2B
Tags
investorsagriculturefarmersbiotechnologyclimate-techagtechfertilizers
Funding & Events
Jul 2021
Non-equity Undisclosed
(Lead)
News (2)
May 16, 2024 ยท cordis.europa.eu
growth-positive
The nitrogen-fixing microalgae that produce quality organic fertiliser, now with added benefits. Growponics has pivoted to a solution that offers greenhouses standalone bioreactors for growing plant protein. These reactors donโ€™t require in-house expertise, additional equipment or infrastructure. The AlgaeNite system is already being supplied to greenhouses in several locations.
InvestmentExpand
Nov 19, 2021 ยท krayot.mynet.co.il
ื‘ืขื™ื•ืช ืืงืœื™ื? ื‘ื›ืคืจ ื‘ื™ืืœื™ืง ืžื™ื™ืฆืจื™ื ืืžื•ื ื™ื” ื‘ืœื™ ืœื–ื”ื ืืช ื”ืกื‘ื™ื‘ื”
Details
Product Stage
Beta
Employees
1-10
Exact Count
2
District
North District
Founded
2021
Registrar
516404746
Crunchbase
algaenite
Locations
Michael Street 56, Kfar Bialik, Israel
Links
Website
LinkedIn
Careers
Admin
Last Update
Sep 21, 2024
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
funding rounds, markets
Team (3)
Lior Hessel
Founder & CEO
Founder
Ohad Hessel
COO
Yuri Belilovsky
CTO
Internal
Created by
Yanina Wainscheinker (yanina.wain@gmail.com)
Created
2022-03-21T00:00:00.000Z
Last editor
Ortal Wein (ortalw@sncentral.org)