# Ostara Nutrient Recovery Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ostara-nutrient-recovery-technologies

- Industry: Environmental Services
- Headquarters: Vancouver, Canada
- Website: www.ostara.com
- Total disclosed funding: $70M
- Latest round: Series C (Oct 28, 2022)
- Investors on record: 4

## About

Based in Canada, Ostara Nutrient Recovery Technologies Inc. specializes in sustainable agricultural solutions, focusing on innovative nutrient recovery technologies that enhance crop yields while minimizing environmental impacts.Ostara Nutrient Recovery Technologies Inc. was founded in 2005 and is headquartered in Vancouver, Canada. The company is dedicated to providing efficient nutrient recovery solutions, primarily through its flagship product, Crystal Green. Phillip Abrary is the founder, with a history of entrepreneurial ventures. The firm has successfully completed 14 deals, with the most recent funding round occurring on October 28, 2022, when it raised USD 70 mn in Series C funding from investors including Carica Sustainable Investments, Cibus Capital, Forage Capital Partners, and Grosvenor. This latest funding brings the total amount raised by the company to USD 70 mn.Ostara specializes in sustainable agricultural solutions, primarily offering its flagship product, Crystal Green, a high-efficiency fertilizer. Crystal Green provides essential nutrients such as phosphorus, magnesium, and nitrogen, enhancing crop yield while preventing nutrient runoff and leaching. This product is designed for season-long availability, promoting efficient nutrient management in agriculture. The company serves a diverse client base, including municipalities and agricultural producers, distributing its products across North America with a focus on regions that can benefit from advanced fertilizer technology.Ostara generates revenue through the sale of its Crystal Green fertilizer and related nutrient recovery solutions, catering to both businesses and municipalities. The firm engages in direct sales to agricultural producers and collaborates with municipalities for large-scale nutrient recovery projects. By tailoring its products to meet specific agricultural needs, Ostara fosters long-term client relationships that emphasize sustainable practices. The company offers flexible pricing plans based on bulk purchases and contracts aligned with agricultural cycles, which contributes to a steady revenue stream while promoting nutrient efficiency and environmental sustainability.In October 2022, Ostara Nutrient Recovery Technologies Inc. secured USD 70 mn in Series C funding, which will be utilized to accelerate its manufacturing capabilities in North America. The company aims to enhance its product offerings and expand its reach into new markets, focusing on regions that require sustainable agricultural solutions. This strategic use of funding is expected to support the introduction of new products and market expansion efforts, further reinforcing Ostara's commitment to improving environmental sustainability within the agriculture sector.

## Funding rounds

- Series C, Oct 28, 2022, $70M — Grosvenor, Forage Capital Partners, Carica Sustainable Investments, Cibus Capital

## Investors

- Grosvenor — Series C
- Forage Capital Partners (https://capitalatlas.ai/funds/forage-capital-partners) — Series C
- Carica Sustainable Investments — Series C
- Cibus Capital (https://capitalatlas.ai/funds/cibus-capital) — Series C