Nitricity closes $50M Series B co-led by World Fund and Khosla Ventures for global fertilizer expansion

Nitricity

Nitricity raised $50 million in Series B funding co-led by World Fund and Khosla Ventures to scale its Ash Tea organic nitrogen fertilizer and expand into new crops and geographies. The Delhi, California plant, breaking ground in 2026, will increase production capacity 100-fold and serve buyers under binding offtake agreements through 2028.

• Series B raise: $50M from World Fund, Khosla Ventures, Chipotle Cultivate Next, King Philanthropies and others
• Use of funds: Delhi, CA facility construction, European expansion, R&D for corn and wheat crops
• Delhi facility capacity: 100x increase from pilot; production sold out through 2028
• Geographic expansion: US Midwest and Europe (using wood and olive-oil waste)