About
Naki focuses on transforming untreatable sludge from the food industry into valuable material through a carbon-negative process. This approach is implemented locally at food industry facilities, enabling them to produce biogas on-site and explore additional revenue opportunities.
Naki's process contributes to the development of a local circular oil ecosystem. By utilizing waste materials from food production, the technology helps to reduce landfill volumes and lessens dependency on imported feedstock for Sustainable Aviation Fuel (SAF). This method supports environmental sustainability by reducing the carbon footprint of food production facilities and contributing to broader waste reduction and resource efficiency initiatives.
Funding history · 1 round · $1.5M total
Company Intelligence Q&A
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- What is NAKI's primary focus in the climate tech sector?
- NAKI focuses on transforming untreatable sludge from the food industry into valuable material through a carbon-negative process, aiming to reduce CO2 emissions by replacing incineration processes, replacing fossil fuels, and preventing emissions from waste transportation.
- When was NAKI founded?
- NAKI was founded in June 2022.
- What is NAKI's main product?
- NAKI's main product is Mida Oil.
- How much funding has NAKI raised in total?
- NAKI has raised a total of $1,500,000 USD.
- When did NAKI complete its Seed funding round and who was an investor?
- NAKI completed a Seed funding round in March 2023, with New Gate Capital as an investor.
- What grant did NAKI receive in February 2024?
- In February 2024, NAKI received a grant of $1,000,000 USD from the IIA.
- How many employees does NAKI currently have?
- NAKI currently has 6 employees.
- Where are NAKI's offices located?
- NAKI has its headquarters in Netanya, Israel, and an additional office in Warszawa, Poland.
- What is the environmental benefit of NAKI's Mida oil production?
- For every ton of Mida oil produced, NAKI saves 14.9 tons of CO2 emissions.