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Nium

https://www.wearenium.com/
Last activity: 30.07.2024
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Categories: AgriTechChemicalCleanerEnergyTechEnvironmentalFacilityFoodTechIndustryProductionTechnology
We're Nium ๐Ÿ‘‹ ๐ŸŒ๐Ÿ’š๐Ÿ”ฌ (pronounced Nee-Yum) We're nanoscientists, engineers and entrepreneurs: a team and technology built to eliminate emissions at scale. Nium was born at Carbon13, Cambridge in Spring 2022. Our nanocatalytic solutions were developed by our CTO over 2 years at the UK synchrotron facility, Diamond Light Source. Why Ammonia? Ammonia is a building block to our lives, precursor to half of global food, a key to a cleaner future of food and fuel. But Ammonia production is dirty - the most polluting chemical industrial process on the planet - 96% of it depends on the century-old Haber-Bosch process, and relies on burning fossil fuels. Our patent pending, 'Clean Ammonia on Demand' system provides a scalable, efficient, effective, alternative. We reduce the pressure, temperature and overall energy in ammonia catalysis, removing the need for fossil fuels. Clean Ammonia on Demand brings science backed benefits across multiple hard-to-abate sectors. * We can eliminate fertiliser emissions, 1.4%, 450 megatonnes of CO2 annually * We can eliminate a further 3% of maritime CO2 emissions by using clean ammonia to power ships, instead of fossil fuels. *All while giving a versatile vector to green hydrogen energy as we race to decarbonise energy, steel, aviation and other critical industrial processes. Why 'On Demand?' Today the majority of the ammonia we use is made in China and Russia at massive industrial plants burning coal, gas and oil. We decouple ammonia production from these fossil plants. Using renewable power and our novel nanocatalyst, we synthesise ammonia at a fraction of the price and pollution of traditional Haber-Bosch. Our Clean Ammonia Army of supporters and investors includes Agfunder, DCVC, BMW Respond, Octopus Ventures, The Sustainable Markets Initiative, The Greenhouse, and Carbon13 - The Venture Builder for the Climate Emergency. #Ammonia #GreenAmmonia #GreenAmmoniaOnDemand #Nium #WeareNium
Website visits
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Mentions
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Location: United Kingdom, England, Vale of White Horse
Total raised: $3M
Founded date: 2022

Investors 3

Funding Rounds 1

DateSeriesAmountInvestors
06.06.2023Seed$3MCarbon13

Mentions in press and media 5

DateTitleDescription
30.07.2024European startups are unlocking the power of nanotechNanotechnology is a rapidly evolving field with the potential to transform science and technology. Its ability to manipulate matter at the atomic and molecular level opens up new possibilities for creating materials and devices with unprece...
24.07.2024AgFunder VC closes Fund IV oversubscribed on $102m, reveals deep tech portfolio focusAgFunder VC, the global deep tech venture capital firm investing in startups that can positively impact food and agriculture, and accelerate human progress, has closed its fourth early-stage fund on $102 million, surpassing its target. [Dis...
21.09.2023A Real Impact? Why Robust Metrics Are Key To Building Climate StartupsDr. Nicky Dee talking to Carbon 13 cohort members at Cambridge University's Maxwell CentreLina and Tom Ltd
08.06.2023The Week in AgriFoodTech: Green Coffee Co brews up $25m, ChatGPT designs robotic harvesting, Zume shuts downDespite a general scarcity of agrifoodtech funding this week, a few companies announced notable rounds, including the Green Coffee Company, which will expand across Colombia, and Turkish food waste management startup Fazla. Elsewhere, ChatG...
06.06.2023Nium raises $3m seed round from AgFunder, DCVC to eliminate Haber-Bosch from ammonia production[Disclosure: AFNโ€™s parent company is AgFunder.] UK-based nanotechnology startup Nium has raised a $3 million seed round to develop its โ€œGreen Ammonia on Demandโ€ system that enables onsite synthesis of ammonia to slash both costs and emissio...

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