about algaenite
Nitrogen fixing Micro AlgAe
The Challenge we address
Many farmers would like to go bio, but organic fertilizers reduce yields by 20% to 30% compared to chemical fertilizer and they are expensive!
You can get inefficient organic fertilizer from manure:
$15.8 B market by 2026
Or, use polluting chemical fertilizer:
$40 B market
Our Solution – Bio Fertilizer Based on Nitrogen from the Air
We don’t make: Green Ammonia, we make Bio Ammonia
- 25 – 40% additional Yield compared to
other organic fertilizer - Competitive cost
- Suitable for fertigation – Fully dissolved in water
- Free of Pathogens, hormones, antibiotics
- Negative CO2 Emission (CDR)
AlgaeNite developed a patented process to produce Bio-fertilizer using a nitrogen fixing Cyanobacteria
170 Tons of CO2 absorbed per 1ton of Fertilizer
Our advantage Using Bacteria for Nitrogen fixation
Energy source
Sun
Application
On site fertigation or hydroponics
Applicable in fertigation
Yes
Applicable in hydroponics
Yes
Crops
All
% of N supply
100%
Enables organic certification of the farm
Yes –in the US
Time to market
Six months
Funding raised
€2.5M from the EU
The Team
Lior Hessel
Entrepreneur with vast know-how in hydroponics and agriculture.
Founder and CEO of Growponics
Professor Sammy Boussiba
CSO
World leader in ammonia translocation in
cyanobacteria | The inventor of the Algatech technology | www.algatech.com.
Kobi Cohen
CFO
25 years experience in global innovation
financial management
Ohad Hessel
COO
25 years engineering experience.
Marketing and project management
Dr Yuri Belilovsky
CTO
35 years engineering experience
Energy and thermodynamics expert
Dr Stefan Leu
Project Manager
Experienced Biochemist, Environmental Scientist and Sustainability Expert