What is N-Drip?
Founded in 2015 and headquartered in Yahood, Israel, N-Drip manufactures a gravity micro-irrigation system designed to leverage existing flood irrigation infrastructure. This innovative approach allows for efficient drip irrigation, addressing critical needs in water management for agriculture. The company's technology aims to provide a cost-effective and scalable solution for farmers seeking to optimize water usage and crop yields. N-Drip's commitment to sustainable agriculture positions it as a key player in the agritech industry, particularly in regions facing water scarcity.
How much funding has N-Drip raised?
N-Drip has raised a total of $72M across 3 funding rounds:
Series A
$8M
Series B
$20M
Series C
$44M
Series A (2020): $8M with participation from Bridges Israel and TENE Investment Funds
Series B (2021): $20M led by Granot Ventures
Series C (2023): $44M supported by Natural Ventures and Hamilton Lane
Key Investors in N-Drip
Bridges Israel
Bridges Israel is an impact investment fund focused on Israeli businesses, aiming for competitive financial returns alongside significant social and environmental impact. It supports enterprises that generate both profit and social value.
TENE Investment Funds
Tene Capital is a leading Israeli private equity fund that invests in established growth companies with strong global market positions, managing $1.1 billion across four funds and focusing on profitable, growth-oriented companies.
Natural Ventures
Natural Ventures appears to be an investor focused on agricultural technology and sustainable solutions, aligning with N-Drip's mission to enhance water efficiency in farming.
What's next for N-Drip?
With its recent major strategic investment, N-Drip is poised for accelerated growth and market penetration. The company is likely to focus on scaling its manufacturing capabilities, expanding its distribution networks, and further developing its proprietary gravity micro-irrigation technology. This substantial backing suggests a strategic focus on global expansion, potentially targeting key agricultural markets that can benefit from enhanced water efficiency. N-Drip's continued innovation in sustainable irrigation solutions will be crucial as it navigates its next phase of development and aims to solidify its leadership in the agritech landscape.
See full N-Drip company page
