# Nium

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

- Industry: Chemicals
- Headquarters: Hampshire, UK
- Website: www.wearenium.com
- Total disclosed funding: $2.9M
- Latest round: Seed (Jun 12, 2023)
- Investors on record: 3

## About

Based in London, UK, and founded in 2022, Nium Limited operates as a chemicals company that develops and manufactures a nanotech that synthesis ammonia. In June 2023, Nium Limited raised USD 3 million in seed funding led by AgFunder Inc. with participation from DCVC, Carbon13. 

Nium Limited operates as a nanotechnology company wants to combat carbon emissions and reduce the amount of carbon dioxide released into the atmosphere. The company specializes in the development of compact reactors that can be installed on-site or near hydrogen production facilities. This reactor converts hydrogen into ammonia, making it easy to store and transport to easily synthesize ammonia at low temperatures and pressure benefit clients.

The company plans to use the June 2023 funding to create a new product called "minions"  that will be used to deliver ammonia.

## Funding rounds

- Seed, Jun 12, 2023, $2.9M — DCVC, AgFunder, Carbon13

## Investors

- DCVC (https://capitalatlas.ai/funds/dcvc) — Seed
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Seed
- Carbon13 (https://capitalatlas.ai/funds/carbon13) — Seed