# Nitricity

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

- Industry: Agribusiness
- Headquarters: Fremont, US
- Website: www.nitricity.co
- Total disclosed funding: $90M
- Latest round: Series B (Jul 1, 2025)
- Investors on record: 9

## About

Founded in 2018 and based in California, US, Nitricity Inc. is a developer of carbon-free fertilizer and ready-to-use nitrogen for industrial use. The company was founded by its CEO Nicolas Pinkowski, along with Jay Schwalbe and Joshua McEnaney. It was first funded by the Caltech Rocket Fund award, Stanford TomKat grant, MIT Clean Energy Prize Award, and Stanford BASES award. In September 2025, Nitricity Inc. raised USD 50 million in series B funding co-led by new investor World Fund and returning investor Khosla Ventures, with participation from other new investors Change Forces Capital and Susquehanna Sustainable Investments. Returning investors Chipotle Mexican Grill, Inc., Energy Impact Partners, and Fine Structure Venture also participated in the round. The company develops carbon-free fertilizer and ready-to-use nitrogen with the use of air, water, and renewable electricity. It also develops nitric acid and ammonia to produce ammonium nitrate fertilizer. The company's revenue is generated by the sales of its product to various industrial businesses. The company will use the September 2025 funding to support early-stage growth initiatives through its €300 million fund.

## Funding rounds

- Series B, Jul 1, 2025, $63M — Khosla Ventures, Chipotle Mexican Grill, Inc., Energy Impact Partners, Fine Structure Ventures, World Fund, Susquehanna Sustainable Investments
- Series A, May 24, 2022, $21M — Khosla Ventures, Energy Impact Partners, Lowercarbon Capital, MCJ, Fine Structure Ventures
- Seed, Aug 3, 2021, $6M — Energy Impact Partners, Lowercarbon Capital, MCJ, Fine Structure Ventures
- Seed, Jan 19, 2021, $0.8M — Alumni Ventures Group

## Investors

- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Seed, Series A, Series B
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Seed, Series A
- MCJ (https://capitalatlas.ai/funds/mcj) — Seed, Series A
- Fine Structure Ventures (https://capitalatlas.ai/funds/fine-structure-ventures) — Seed, Series A, Series B
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B
- Chipotle Mexican Grill, Inc. — Series B
- World Fund (https://capitalatlas.ai/funds/world-fund) — Series B
- Susquehanna Sustainable Investments — Series B