N2 Applied

company

About

N2 Applied develops a technology that enables farmers to produce their own fertilizer using slurry, air, and electricity.

  • 11 - 50

Details

Last Funding Type
Grant
Last Funding Money Raised
€15M
Industries
Agriculture,AgTech,Energy,Farming,Livestock
Founded date
Jan 1, 2010
Number Of Employee
11 - 50
Operating Status
Active

N2 Applied is a Norwegian technology company in a pre-commercial phase. N2 Applied helps farmers to produce their own fertilizer using slurry, air, and electricity.
N2 has an international team with various expertise from agriculture, technical engineering, business development, and sustainability.

The company has its head office in Oslo/Asker and a test center outside of Kongsberg in Svene (Norway), and branches in Wageningen (Netherlands) and York (UK).

N2 Applied has developed a technology that enables local production of fertilizer from liquid organic substrates such as slurry or digestate with air and electricity. The technology adds nitrogen from the air into the liquid substrate and increases the nitrogen content. The reaction stops the loss of ammonia and reduces emissions, making it an efficient and sustainable fertilizer, and creating a more circular farm system. N2’s scalable process enables fertilizer production to be re-distributed to the end-user, the farmer – cutting long and expensive value chains, and reducing the need for chemical fertilizer production based on fossil gas or coal. The solution also provides on-farm emission reductions of methane and ammonia, as well as odor.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
€25M kr157.40M
N2 Applied has raised a total of €25M kr157.40M in funding over 2 rounds. Their latest funding was raised on Jan 11, 2023 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 11, 2023 Private Equity(PE) €10M 3 Detail
Oct 14, 2021 Grant €15M 1 European Innovation Council Detail
Sep 21, 2021 Series Unknown kr83M 2 Detail
Jan 17, 2020 Series Unknown kr74.40M 2 Detail

Investors

Number of Lead Investors
Number of Investors
1
3
N2 Applied is funded by 3 investors. European Innovation Council and Blue River Invest are the most recent investors.
Investor Name Lead Investor Funding Round
European Innovation Council Private Equity(PE)
Blue River Invest Private Equity(PE)
Holta Invest Private Equity(PE)