Natural Ventures has invested $44 million in Israeli AgTech company N-Drip, which specializes in innovative drip irrigation technology designed to replace inefficient flood irrigation methods, thereby promoting sustainable agriculture globally.

Information on the Target

N-Drip is a pioneering AgTech company based in Israel, specializing in innovative drip irrigation technology aimed at optimizing water use for staple crops. The company recently raised $44 million in a Series C funding round, which has the potential to be extended due to high investor interest. This funding round includes notable co-investors such as the Liechtenstein Group and Hamilton Lane, alongside returning investors Granot Group, Bridges Israel, Kibbutz Ein Harod Ihud, and various US-based investors. The company's invention enables farmers to transition from traditional flood irrigation methods to a more efficient system that operates solely on gravity without external energy for water filtration or distribution.

N-Drip holds extensive intellectual property rights globally, underpinned by various patents that facilitate gravity-based irrigation. This innovative solution was developed by Professor Uri Shani, the former Water Commissioner of Israel, who currently serves as the company's Chairman and Chief Technology Officer. Under the leadership of CEO Eran Pollak, N-Drip has expanded its operations to 17 countries, particularly focusing on key markets including the United States, India, and Australia. Moreover, N-Drip offers a complementary smart solution, N-Drip Connect, which uses sensors to provide precise irrigation and fertilization recommendations, enhancing resource usage efficiency.

Industry Overview in Israel

Israel is recognized as a leader in agricultural technology and innovation due to its arid climate and limited water resources. The country's agriculture heavily relies on advanced irrigation methods to sustain its crop production. Approximately 85