# NitroVolt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nitrovolt-aps

- Industry: Chemicals
- Headquarters: Soborg, Denmark
- Website: www.nitrovolt.com/
- Total disclosed funding: $3.8M
- Latest round: Seed (Nov 7, 2024)
- Investors on record: 5

## About

Founded in 2023 and based in Soborg, Denmark, NitroVolt ApS operates as a developer of compact ammonia synthesis units to enable farmers to autonomously manufacture their fertilizer, offering a resilient solution for fertilizer production. In November 2024, NitroVolt ApS raised EUR 3.5 million in seed funding from returning investor BackingMinds, with participation from new investors Export and Investment Fund of Denmark, EQT, Satgana, and DivisionM.

The company's Nitrolyzer unit enables farmers to synthesize sustainable and decentralized ammonia directly at the point-of-use, using only air, water, and green electricity. This revolutionary approach aims to reduce CO2 emissions associated with traditional ammonia production methods.

## Funding rounds

- Seed, Nov 7, 2024, $3.8M — EQT, BackingMinds, Satgana, Export and Investment Fund of Denmark, DivisionM

## Investors

- EQT (https://capitalatlas.ai/funds/eqt) — Seed
- BackingMinds (https://capitalatlas.ai/funds/backingminds) — Seed
- Satgana (https://capitalatlas.ai/funds/satgana) — Seed
- Export and Investment Fund of Denmark (https://capitalatlas.ai/funds/export-and-investment-fund-of-denmark) — Seed
- DivisionM — Seed