"Our goal is to reduce emissions, promote healthy soils and help farmers improve yields," said Nicolas Pinkowski, co-founder and chief executive officer. "There's a lot of concern right now in the US about chemicals in and on foods. More and more people care not just about getting enough calories every day, but about making sure what they eat is healthy and safe."
"Nitricity uses almond shells, which are rich in nutrients such as potassium. The company first combusts the shells, then "brews" them in water, creating what it calls Ash Tea. The product is made using clean energy, and production costs vary with the price of electricity. Overall, Nitricity says its emissions are at least 92% lower than those of some other conventional fertilizers."
Nitricity raised $50 million to scale production of an organic, vegan fertilizer made from ground almond shells and to expand across the US and into Europe. Investors include Chipotle Mexican Grill and Khosla Ventures. The production process combusts almond shells and then 'brews' the resulting ash in water to create a liquid called Ash Tea. Production uses clean energy and costs vary with electricity prices. The liquid delivers nutrients such as potassium and is diluted by farmers for soil application. Nitricity targets organic farmers and positions its product as a lower-emission, food-safe alternative to manure-derived and synthetic fertilizers.
Read at The Mercury News
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