Press Release
June 30, 2023

AgFunder Leads Nium’s $3 Million Seed Round

The London Technology team advised AgFunder on their lead investment into Nium’s $3 million Seed Round. Other participants in the round were DCVC and Nium’s existing investors including Carbon13.

AgFunder is one of the world’s most active agrifoodtech investors using technology, media and an unparalleled global network to invest in transformational entrepreneurs.

Nium’s nanotechnology produces ammonia for the agriculture and energy industries at a fraction of the carbon footprint of traditional processes.

The $3 million financing will allow Nium to assemble its first small-scale, low-energy-consumption reactors — called “minions” — that can deliver ammonia at lower cost and carbon footprint.

The Goodwin team was led by Ali Ramadan and Emily Townsend, with assistance from Rachel Thurbon and Hayley Davis.