Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Bridges Israel backs precision irrigation company NDrip

ImpactAlpha, November 12 – Bridges Israel has invested an undisclosed amount in Israeli-based drip irrigation firm NDrip.

NDrip makes drip-irrigation technology that relies on gravity. Its system is meant to help steer large-scale agriculture away from wasteful flood irrigation, which is how the majority of the world’s crops are grown.

Bridges Israel emphasizes the social in new $50 million impact fund

Bridges Israel, the Israel-based $50 million sister fund to Bridges Fund Management, launched earlier this year with a mission of supporting Israel’s underserved communities and backing “tech for good” companies based in Israel.

Bridges Israel’s Ran Grodecki told The Times of Israel that the fund was backing NDrip for its “potential to generate significant global impact, socially and environmentally, helping to solve two major global challenges: the growing water shortage and the increase in food insecurity.”

The investment, reportedly to the tune of several million dollars, was part of NDrip’s Series A round. It marks Bridges Israel’s second investment since July, when it backed tech startup Venn.

You might also like...