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- When was N-Drip founded and what is its primary focus?
- N-Drip was founded in May 2015. It develops a gravity-powered micro-irrigation solution that uses existing flood irrigation infrastructure for efficient drip irrigation, aiming to conserve water and fertilizer while increasing yields.
- What significant funding round did N-Drip complete in June 2023?
- In June 2023, N-Drip completed a Series C funding round, raising $44 million from investors including Hamilton Lane and Liechtenstein Group.
- Which major company did N-Drip sign a deal with in March 2022?
- In March 2022, N-Drip signed a deal with PepsiCo, reported to be worth $20 million annually.
- What was the amount of N-Drip's Series B financing and who led it?
- N-Drip completed a $20 million Series B financing round in November 2021, led by Granot Ventures.
- What award did N-Drip receive for its technology?
- N-Drip received the Overall Award for Excellence in Disruptive Technologies at the Transformational Business Awards.
- How many employees does N-Drip currently have?
- N-Drip currently has 74 employees.
- What is N-Drip's total funding raised to date?
- N-Drip has raised a total of $76 million USD in funding.
- What is a key operational characteristic of N-Drip's irrigation system?
- N-Drip's system operates at pressures lower than 0.06 bar, is compatible with dirty water without requiring filters, and does not rely on external energy, instead using field topography and gravity.
- What is the status of N-Drip's CEO as of March 2025?
- In March 2025, N-Drip's CEO is set to leave after 8 years to become the CEO of Egged Europe.