FertigHy

fertighy.com ↗ ·Madrid ·Seed

FertigHy is a pan-European company producing low-carbon nitrogen fertilizers using renewable electricity and green hydrogen instead of natural gas. Founded in 2023 in Madrid as a joint venture of EIT InnoEnergy, RIC Energy, MAIRE, Siemens Financial Services, InVivo and HEINEKEN, it is building its first large-scale plants in Hauts-de-France, France and in Spain, targeting decarbonization of the European food value chain. As a corporate consortium rather than a founder-led startup, it has no individual founders; José Antonio de las Heras Alonso is CEO.

Founded

2023

Total funds raised

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SectorsFertilizers, Green hydrogen, Agriculture, Climate/Decarbonization Start-up MapEnergy & Climate › Clean energy generation hardware

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Founders

No names on record yet.

Global models 5

Hy2gen

Germany · www.hy2gen.com ↗

Develops and runs plants that turn renewable electricity into green hydrogen and derivatives such as ammonia and fertiliser feedstocks for industrial and agricultural buyers.

~$220MComparable

Atlas Agro

Switzerland · www.atlasagro.com ↗

Builds large plants that make zero-carbon nitrogen fertiliser from renewable power and green hydrogen instead of natural gas. It sells to farmers and food value chains, the model closest to FertigHy's.

undisclosedComparable

Nitricity

United States · www.nitricity.com ↗

Makes nitrogen fertiliser from air, water and renewable electricity instead of natural gas and sells it into the food and agriculture supply chain.

~$30MComparable