# NDrip

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ndrip

- Industry: Agribusiness
- Headquarters: Kfar Saba, Israel
- Website: www.ndrip.com
- Total disclosed funding: $64M
- Latest round: Series C (Jun 21, 2023)
- Investors on record: 5

## About

NDrip Ltd., based in Israel, specializes in advanced agricultural solutions, offering a gravity-powered micro-irrigation system that enhances water efficiency and sustainability in farming practices.Founded in 2017 in Kfar Saba, Israel, NDrip Ltd. develops innovative irrigation technology that replaces traditional flood methods. The company has completed 2 deals, with its most recent funding round occurring on June 21, 2023, where it raised USD 44 mn in Series C funding from investors including Liechtenstein Group, Hamilton Lane, and Natural Ventures. The company's CEO is Eran Pollak.NDrip's primary offering is its innovative Gravity-Powered Micro-Irrigation Solution, which revolutionizes water efficiency in agriculture by utilizing gravity to deliver precise irrigation without the need for pumps or costly filtration systems. This technology aims to replace outdated flood irrigation methods, which typically waste water and reduce agricultural yields. NDrip's proprietary dripper, featuring a multidimensional flow structure, ensures optimal water usage for a diverse range of crops, regardless of water source or soil conditions. Their client base spans globally, with notable implementations in regions such as Australia and the United States, targeting markets facing increasing water scarcity and promoting sustainable agricultural practices.NDrip's revenue model relies on direct sales of its micro-irrigation systems to agricultural clients, supported by partnerships with agronomists and irrigation specialists who assist with deployment and maintenance. Clients purchase NDrip systems outright to integrate the technology into their existing flood-based irrigation setups. The company emphasizes cost-effectiveness, with a return on investment typically within one year. Additional revenue is generated from ongoing support and consultancy services through the N-Drip Connect decision support system, which helps clients monitor water usage and optimize fertilizer application.In June 2023, NDrip Ltd. raised USD 44 mn in Series C funding, with plans to utilize this capital to support its growth initiatives. The company aims to introduce new products designed to enhance agricultural efficiency and expand into new markets, particularly targeting regions facing acute water scarcity. With a commitment to sustainable practices, NDrip is focusing on increasing its global footprint and solidifying its presence in agricultural sectors worldwide.

## Funding rounds

- Series C, Jun 21, 2023, $44M — Hamilton Lane, Granot Ventures, Bridges Israel, Liechtenstein Group, Natural Ventures
- Series B, Nov 18, 2021, $20M — Granot Ventures

## Investors

- Granot Ventures (https://capitalatlas.ai/funds/granot-ventures) — Series B, Series C
- Hamilton Lane (https://capitalatlas.ai/funds/hamilton-lane) — Series C
- Bridges Israel (https://capitalatlas.ai/funds/bridges-israel) — Series C
- Liechtenstein Group (https://capitalatlas.ai/funds/liechtenstein-group) — Series C
- Natural Ventures (https://capitalatlas.ai/funds/natural-ventures) — Series C