Nitroterra
Bratislava, Slovakia
Overview
Nitroterra, founded in 2018 in Slovakia, is developing a platform and a unique production technology to expand and streamline the use of microbial biofertilizers for agriculture. The company secured over €1 million from CB Growth ONE to finalize development of its biofertilizer production technology and introduce its first commercial version. Nitroterra is running a pilot this season in cooperation with the Rybany agricultural cooperative and researchers from the Faculty of Natural Sciences at Comenius University in Bratislava. It won the UPLIFT accelerator programme this year and is preparing further field tests, modernization of its technologies, development of data tools, and market-entry preparations. The startup intends to enter the Slovak and Central European markets first and aims to expand into Europe, North and South America, and Australia, targeting a share of the €65 billion annual global nitrogen fertilizer market. Nitroterra is also applying for EIC Accelerator grant funding to support implementation of these projects.
- Total raised
- $1M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- May 2020
Industries
- Biotechnology
Recent funding
Equity
May 2020
$1M
Team
Radoslav Bonk
CEO & Co-founder
LinkedIn